This comprehensive analysis of the Russian budget policy adjustment to the 2008–2009 global crisis. The analysis of main parameters and directions of anticrisis budgetary measures offers insights into their relative efficiency and monitor their impact on the budget policy in 2011–2013....

The present work addresses the issue of identifying main factors, which determine the problems in certain Russian banks during 2008-2009 crisis. As in most such studies, this task is carried out by constructing a binary regression models estimated on the data from banker's books and...

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...

This paper is about the bane of the Russian economy: rich oil and gas reserves, which hamper the implementation of structural economic reforms. Oil industry forms the backbone of the Russian economy playing a major role in ensuring revenues of the government budget and the country’s favorable...

In the world economy perspective, the main factors and sources of economic growth of Russia are: the level of prices and physical scope of demand for basic raw materials of the Russian export on the world market (oil and other raw materials), access to capital on the world financial market for...

The authors have estimated housing supply equation where significant factors proved to be price change on residential property and on installation and construction works. Significance of these variables and expected values testify that the construction companies may adequately react to the...

The paper deals with modelling of spot rate process in the market for government securities in transitional economy. The case of the Russian Treasury bills market is taken as an example. We use three approaches to estimation of parameters of spot rate stochastic process: AR-GARCH time series...

For the purpose of analyzing the stability of the budgetary system of the Russian Federation, the main three scenarios of development of internal and external economic processes in the mid-term prospect (the 2009-2012) are considered herein. The above period can be unambiguously defined as the...

This paper deals with forecasting of economic development of Russia for a medium-term perspective.

This paper deals with anti-crisis policies.