This paper analyzes the direct and indirect income effects of international labor migration and remittances in selected CIS countries. The analysis is based on computable general equilibrium (CGE) models for Moldova, Ukraine, Georgia, Kyrgyzstan, and Russia. All net emigration countries would...

The model of the Russian economy that was formed in the 2000s does not match a new stable growth path, though it helped to calmly overcome the crisis of 2008 and 2009. The state needs to provide stability in the fields under its direct control, i.e. the budgetary and monetary policies. In the...

In this brief, the author summarizes the main thrust of Russian federal fiscal institutions and discusses their specific features. She describes the evolution of federal fiscal regulations since the establishment of the Russian federal state. As a conclusion, she offers the following policy...

This paper provides the results of analyses of key problems related to pension systems and their reforms in Russia and Ukraine. The pension systems and their reforms in both countries are compared. They are also compared with the general picture observed in the OECD or selected countries...

The purpose of this study is to analyze the course, determinants and political economy of economic reforms in Russia conducted in the period 1985-2003. The year 1985 can be considered an important turning point in Soviet/Russian history, marked as it was by the election of Mikhail Gorbachev to...

Since the beginning of the 1990s, demographic, economic and social changes occurring in Russia and Ukraine have had an impact on both labour markets and social conditions. Even though some of the social safety net changes introduced at the beginning of the 21st century have brought positive...

Though the global financial crisis hit Russia’s economy harder than many other emerging markets, the situation in both Russia’s real and financial sector stabilized as early as in the first half of 2009. However, the exit strategy chosen by the Russian authorities lacked any specific...

The end of “demographic dividends” as well as the beginning of the current economic and financial crisis placed Russia and Ukraine’s pension reform problems high on the public agenda. Up until now, the countries hesitated to substantially reform their pension systems due to difficulties of...

On December 16th, 2011, an 18 year long negotiation process regarding Russia’s WTO membership was finally brought to an end. Undoubtedly, Russia’s WTO accession is an important event both for the global trade system and for the country. With Russia now in the club, the WTO will...