Filter by...
Reset all
Publications (12)
Working Paper
pdf
– The case of BRICS
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...
Blog
– Twenty Years after the Fall of The Berlin Wall
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 socialism to capitalism...
Working Paper
pdf
– Lessons from Transition
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...
Working Paper
pdf
– The Case of Russia
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...
Working Paper
pdf
– Where Russia Now Stands
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 it...
Working Paper
pdf
– A Model Based on the Russian Default of 1998
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...
Working Paper
pdf
Recent studies suggest that the allocation of expenditures in education matters for growth. Public education spending in many transition economies, however, is often inefficient and inequitable with education outlays misallocated across sectors. This highlights the need for an assessment of the...
Working Paper
pdf
– A Comparative View
The paper compares the Russian transition with the Chinese reforms. The concept and implications of 'transition' differ from those of 'reform'. Transition in its systemic understanding is considered as a change of the system, a shift to a new one. Reform, on the other hand, is a process which takes...
Displaying 12 of 12 results