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This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian regions. Using data for 1992-2001, we find strong sigma divergence simultaneously with beta convergence. he results indicate that per capita income in Russian regions may be converging towards two separate steady states. The poorest regions seem to be converging among themselves, while growth experiences among other regions have been highly heterogeneous.
An accessible and nuanced introduction to contemporary Russian politics using the theme of stability versus fragility as its overarching framework. This innovative textbook explores core themes as well as path-breaking insights into the politics of race, class, gender, sexuality, and the environment.
Exploring urban democracy in Russia, this book considers a wide range of cities of different types, and of different political allegiances, showing that the power and status of cities varies tremendously across the federation, as does the development of grassroots democracy.
This book provides an evaluation of the industrial organization of banking with a focus on the interrelationship among bank behavior, market structure, and regulation. It addresses a wide range of public policy topics, including bank competition and risk, international banking, antitrust issues, and capital regulation. New to this edition, which has been updated throughout, is a broadened consideration of alternative theories of competition among banks, which includes discussions of such issues as the implications of large increases in bank reserve holdings in recent years, effects of nonprice competition through quality rivalry, analysis of mixed market structures involving both large and small banks, and international interactions of banks and policymakers. The intent of the book is to serve as a learning tool and reference for graduate students, academics, bankers, and policymakers seeking to better understand the industrial organization of the banking sector and the effects of banking regulations.
A very timely study of Russia's emergence as a global energy power from the Russian Revolution to the present day. It reveals how Russian exports shaped global energy flows as well as how international trade impacted the fabric of the country's foreign relations and, ultimately, the course of Russian history.
Providing an in-depth review of Russia's key economic policies, this book is the first systematic study of the political economy of oil windfalls in Putin's Russia.
Now in a thoroughly revised, expanded, and updated edition, this classic text provides an authoritative and current analysis of contemporary Russia. Leading scholars explore the daunting domestic and international problems Russia confronts, considering a comprehensive array of economic, political, foreign policy, and social issues.
At a time of global climate crisis, this crucial book examines the prospects for implementing low-carbon policies in the two global superpowers of China and Russia, focusing on the role of informal institutions in achieving reductions in greenhouse gas emissions.