Publications (60)
As the world battles with the triple problems of social, economic, and environmental challenges, it has become important to focus both policy and research efforts on these. Therefore, this study examines the effect of wealth inequality on CO2 emissions in five emerging economies: Brazil, Russia,...
27 August 2014 Vladimir Popov Modern economic growth started in the West, not because of the efficiency of various capitalist institutions (elimination of serfdom, free cities, universities). It was the redistribution of wealth and income (enclosure in Britain) that resulted in an increase...
Alisa DiCaprio The global arms trade is a lucrative business. In 2010, total arms transfers were estimated at US$40 billion. Despite the global recession, top producers in this highly concentrated industry continued to see a sales increase. Since 2002, global sales have grown by 60 per...
Gérard Roland The above titled book, published by Palgrave Macmillan 2012, brings together contributions from a conference that took place in Helsinki in September 2009. The conference involved a group of top scholars who have done research on the process of transition from...
The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused, i.e., applied or resorted to for reasons which have little in common with their intended or anticipated purpose. In such incidences institutions become sources of private gains...
Only recently, 20 years after transition to a market system, has Russia regained a similar production level it had achieved on the eve of transition in 1991. This may sound surprising, given its low productivity under central planning which dropped even lower during the last decades, and the rather...
The goal of this study is to reveal the long-term trajectory of Russian economic development and to make predictions for the future. The study starts with a much discussed question: why Russia did worse economically during transition than most other countries in Europe and Asia? It is argued that...
From the book: Personal Wealth from a Global Perspective
All countries in transition experienced increases in inequality. They have also undertaken massive privatization of key asset housing, often on give-away terms. Are these two phenomena related? Has transfer of ownership rights to residents slowed down the inequality increases or it pushed it up?...
From the book: Understanding Human Well-being
The interplay of a differentiated indirect tax structure and the variation in expenditure patterns across households leads to a possibly unequal distribution of indirect tax liabilities across the population. This paper uses the ninth round of the RLMS survey to assess the distributional...
We consider an overlapping generations model with two production factors and two types of agents in the presence of financial intermediation and its application to the Russian default of August 1998. The paper focuses on the analysis of the consequences of a sudden negative repayments shock on...
Part of Journal Special Issue Spatial Inequality and Development in Asia