The paper reports on multiplier analysis of comparable Social Accounting Matrices for Russia and China. The benchmark is around 1990, which constitutes a crucial year in the transition of the two countries to mixed market-state economies. The relative sizes of the two economies have reversed...

The paper starts with a basic undetermined model that specifies four principle actors: landlords, peasants, the non-agricultural sector, and the government. Peasants and landlords are assumed to behave differently according to their own separate institutional attitudes, production function,...

The Netherlands experience with the use of fiscal policy in times of low growth is often quoted as an example of the better performing experiences, also renamed as the ‘Dutch miracle'. This has been generally true for the Netherlands since the 1980's, when compared to other countries. The...