It is now more than twenty years since the collapse of the Soviet Union and the beginning of transition to a market economy. The non-market, 'planned' economic system of the old order had its own specific mode of functioning, which over time had a profound impact on the structure of the...
Moldova's Moscow-backed separatist region of Transnistria extended its state of emergency today for another month as it grapples with an energy crisis after losing access to Russian gas supplies that had propped up its economy for decades. Russia's Gazprom suspended ...
"In my opinion, today we can state that the economy has entered the stage of growth. In general, those changes that occurred in the economy are quite favorable," Medvedev said in an annual interview with reporters of five Russian television channels. Noting that both domestic and foreign analy...
” Whatever may have been the views held by the Bolsheviks at this time, they were in such an insignificant minority both in the Petrograd Soviet and outside that their views did not carry much weight. Moreover, their influence in the soviet, whatever it may have been, was counterbalanced...
In addition, this study evaluated the role of SOEs in the Russian economy, the financial market and changes over time by comparing the size of direct and indirect public ownership and a number of other indicators for private firms and for companies that were directly and indirectly owned by ...
Russian oligarchs, tycoons who reaped enormous fortunes in the collapse of the Soviet Union in 1991. When the centrally planned economy of the then-Soviet Union crashed, a group of quick-thinking men picked up the pieces and turned them into vast private
Russian President Vladimir Putin says his country's economy has weathered the worst of its downturn even though it appears headed for a deep recession.
As we all know, China has become the world's second-largest economy through more than 40 years of reform and opening up. Guangdong, as the pioneer of China's reform and opening up, is actively promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area, which will undoubted...
“We haven’t turned onto the self-isolation path. Quite the opposite,” Putin said at the forum’s plenary session. "We have widened contacts with reliable and responsible partners in the countries and regions that serve as the engine, the drivers of the world...
Thus, high levels of debt undermine the ability of the central bank to have an impact on the economy. Additionally, the influence of the debt burden on firms’ investment activity should be noted. A number of studies have proven the negative relationship between the level of debt and ...