Experience shows that although certain notions like the norms and rules established by the World Trade Organization (WTO) are still being perceived as something abstract and metaphorical by many participants of foreign economic activity, these norms and rules have already been actively used in...

The paper discusses general approaches to taxation of companies’ income, explains the role of some tax laws provisions, that seem problematic, and their relationship with the general concept of income taxation. Analysis of those provisions and review of international experience provided an...

The paper discusses general approaches to taxation of companies’ income, explains the role of some tax laws provisions, that seem problematic, and their relationship with the general concept of income taxation. Analysis of those provisions and review of international experience provided an...

This study aims to analyse the discretionary fiscal policy of Azerbaijan, Kazakhstan, and Russia for the period 2003-2015 using the structural budget balance (SBB). The SBB considers the permanent component of oil revenue and therefore clearly defines the discretionary fiscal position and the...

This study examines the expanding role of fiscal policy at a time of financial crisis. It analyses the stimulative fiscal measures of the Russian government in 2008-2010 and compares these with simi-lar actions taken in other countries. The risks and limitations associated with the development...

This study aims to analyse the discretionary fiscal policy of Azerbaijan, Kazakhstan, and Russia for the period 2003-2015 using the structural budget balance (SBB). The SBB considers the permanent component of oil revenue and therefore clearly defines the discretionary fiscal position and the...

Less than ten years ago John Williamson of the Institute for International Economics summarized a recipe for structural adjustment and development in Latin America into ten ingredients. According to Williamson the recipe was "generally applicable" elsewhere, and universally agreed upon in...

The world economic crisis revealed serious problems in the sphere of public administration and government policy. One of such system problems is a wide-spread of single-industry settlements which have become the main form of settlements in the industrial parts of the country since the XVIII...