Titlebook: Economic Opening Up and Growth in Russia; Finance, Trade, Mark Evgeny Gavrilenkov,Paul J. J. Welfens (Jean-Monnet Book 2004 Springer-Verlag

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EJB, Web Services, and Microservices,sue at the top of his reform agenda and preparations remarkably sped up. In addition, debate inside and outside Russia regarding the pros and cons of the membership in the club accelerated too. Questions are being asked about the general and specific costs and benefits. The overall conclusion is tha

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Introduction,litical stability are obviously factors, which have contributed to overcoming the transformation recession as well as the crisis of 1998. The negative growth rate of 5 % in 1998 was offset by a growth rate of 5.6 % in 1999 and the strong boost of 10 % in 2000. With 5 % in 2001, 4.3 % in 2002 and an

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Growth Dynamics in Transition Economies: The Role of Financial Development,rastic macroeconomic changes. Figure 1 illustrates the growth rates of real GDP per capita for individual country groups from 1989 until 2000. The graphic shows similar . of each group. At the beginning of transition, all economies underwent a decline in their growth rates that was pronounced but di

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Comments on: Growth Dynamics in Transition Countries: The Role of Financial Development,on countries beyond the former Iron Curtain. Like the transformation process in these countries itself, the paper has two aspects. On that one hand, it first provides a short but informative survey of the different transmission channels through which the financial sector affects total economic growt

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Comments on: Dynamic Causal Links between the Russian Stock Exchange and Selected International Stoket. They employ four different methods. The first one uses correlation analysis to measure the co-variability of two stock markets. The other three are based on a vector autoregressive model (VAR). The second method draws on Granger causality to test if other stock markets help explain the developm

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,Russia’s Trade Relations: Structural Adjustment, Geographical Patterns and Terms of Trade,id pace of job creation. The expansion of free trade promotes inflow of goods and services, the increase of competition in domestic markets, access to a new markets, as well as the dissemination of knowledge and technologies. The share of merchandise trade relative to value added is growing dramatic

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Macroeconomic Situation in Russia: Growth, Investment and Capital Flows,2 look better than was thought likely in late 2001. Expected growth of about 4,0% compares favorably with a limping Europe and US. After rising in the second quarter of 2002, oil prices remained high in mid 2002, and Russia was able to profit from a strong current account and continued windfall reve

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Comments on: Macroeconomic Situation in Russia: Growth, Investment and Capital Flows,fully exploited. Main impediments to structural change and thus to growth are seen in institutional deficiencies leading to inter-firm and inter-sectoral immobility of capital. Of the capital earned in the energy sector and invested in Russia, too little flows to other parts of the economy where it