|
on Confederation of Independent States |
|
Issue of 2016‒06‒14
twelve papers chosen by |
| By: | Ekaterina Selezneva (IOS Regensburg) |
| Abstract: | During the 20th century, Russian women were assigned the triple role of social and political activists, workers, caregivers and mothers. This paper makes an overview of the main steps undertaken first by the Soviet and later by the modern Russian governments to influence family formation models and fertility levels, in order to improve the demographic situation over the period from 1917 until 2015. The overview pays close attention to such measures of demographic policy as marriage and divorce regulation, support of families through family benefits and the tax system, reconciliation of family and work spheres (maternity/paternity leaves, workplace flexibility measures), fertility promotion, childbearing and childcare support, as well as rare reproductive health protection initiatives. |
| Keywords: | fertility, Russia, family policy |
| JEL: | J12 J13 J18 P30 |
| Date: | 2016–04 |
| URL: | http://d.repec.org/n?u=RePEc:ost:wpaper:355&r=cis |
| By: | Shatalov, Stanislav (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Zakharenkova, E. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)) |
| Abstract: | The report presents the analysis of the legal nature and practical implementation of cost sharing mechanism and conclusions on the possibility to introduce cost sharing rules in the Russian tax legislation. The results of the work are based on the thorough analysis of the theory and practice of cost sharing in Russia and worldwide. |
| Keywords: | cost sharing mechanism, cost sharing rules, tax legislation, Russia |
| Date: | 2016–04–05 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:545&r=cis |
| By: | Mironov, V.V.; Petronevich, A.V. |
| Abstract: | This paper examines the problem of Dutch disease in Russia during the oil boom of the 2000s, from both the theoretical and empirical points of view. Our analysis is based on the classical model of Dutch disease by Corden and Neary (1982). We examine the relationship between changes in the real effective exchange rate of the ruble and the evolution of the Russian economic structure during the period 2002 – 2013. We empirically test the main effects of Dutch disease, controlling for specific features of the Russian economy, namely the large role of state-owned organizations. We estimate the resource movement and spending effects as determined by the theoretical model and find the presence of several signs of Dutch disease: the negative impact of the real effective exchange rate on growth in the manufacturing sector, the growth of total income of workers, and the positive link between the real effective exchange rate and returns on capital in all three sectors. Although also predicted by the model and clearly observable, the shift of labor from manufacturing to services cannot be explained by ruble appreciation alone. Publication keywords: Dutch disease, resource curse, real effective exchange rate, cointegration model, economic policy, Russia |
| JEL: | F41 F43 C32 |
| Date: | 2015–01–19 |
| URL: | http://d.repec.org/n?u=RePEc:bof:bofitp:2015_003&r=cis |
| By: | Fidrmuc, Jarko; Fungáčová, Zuzana; Weill, Laurent |
| Abstract: | The financial crisis has shown that the liquidity creation function of banks is critical for the economy. In this paper, we empirically investigate whether bank liquidity creation fosters economic growth in a large emerging market, Russia. We follow the methodology of Berger and Bouwman (2009) to measure bank liquidity creation using a rich and exhaustive dataset of Russian banks. We perform fixed effects and GMM estimations to examine the relation of liquidity creation to economic growth for Russian regions in the period 2004–2012. Our results suggest that bank liquidity creation fosters economic growth. This effect was not washed out by the financial crisis. Our conclusion thus supports a positive impact of financial development on economic growth in Russia. |
| Keywords: | growth, bank liquidity creation, financial development |
| JEL: | E44 G21 |
| Date: | 2015–03–04 |
| URL: | http://d.repec.org/n?u=RePEc:bof:bofitp:2015_007&r=cis |
| By: | Aleksandr Buzgalin (Department of Economics, Lomonosov Moscow State University); Andrey Kolganov (Department of Economics, Lomonosov Moscow State University); Olga Barashkova (Department of Economics, Lomonosov Moscow State University) |
| Abstract: | This paper argues the importance of using modern methodology of Marxist analysis for the study of imperialism and the so-called “empires”. This methodology allows to show the mechanisms of economic, political, ideological, and so on manipulating the “periphery” from the “center” capital and the states. On this methodological basis it is proved that capitals and state machines of semi-periphery countries in general and Russia in particular are mostly objects of imperialist subjugation and manipulation and only in some rare cases these countries and their capitals are able to be subjects of the imperialist policy. The analysis of the contradictions in the relations of the Russian Federation, Ukraine and the West is given. It is provided the system of political, economic and geo-political arguments proving that Russia as a rule does not act as a subject of the imperialist policy, and only in some cases (generally relying on the Soviet legacy) Russia is able to withstand the “rules of the game”, given by the imperialist powers. It is argued that these some cases when Russia withstands the “rules of the game” is the main reason for the imperialist powers’ diatribes against “Russian imperialism”. |
| Keywords: | Russia, imperialism, Marxism, Ukraine, political and economic power, geopolitics, capital, state. |
| JEL: | F01 F29 O52 O57 P52 |
| Date: | 2016–05 |
| URL: | http://d.repec.org/n?u=RePEc:upa:wpaper:0030&r=cis |
| By: | Malinina, Tatiana (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy); Gromov, Vladimir (Russian Presidential Academy of National Economy and Public Administration (RANEPA)) |
| Abstract: | The paper concerns the current regulations and practice and presents proposals for improving it on the important issues of individual and corporate taxation of income from financial instruments in Russia. |
| Keywords: | regulations, Russia |
| Date: | 2016–04–05 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:544&r=cis |
| By: | Avraamova, Elena (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Eliseeva, Marina (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Loginov, Dmitriy (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Mareeva, Svetlna (Russian Presidential Academy of National Economy and Public Administration (RANEPA)) |
| Abstract: | Reduction of the excessive socio-economic inequality of various layers of the Russian population is possible not only through the implementation of social policy compensatory functions but also due to its stimulating functions – population resource capabilities enhancement. The relevance of such approach to the problem of inequality reduction increases in periods of economic instability. The purpose of the research was to find out what resource capabilities the population obtained to maintain the level of welfare in this period. The analysis was conducted in two dimensions – at the level of individuals and at the level of households that was contributed by specially arranged sample survey representing whole Russian population. The models of socio-economic behavior of individuals and households directed at increasing or retaining the gained level of welfare are reviewed in details. |
| Keywords: | excessive socio-economic inequality, Russia, population |
| Date: | 2016–03–10 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:1035&r=cis |
| By: | Yashina, e. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Malakho, Sofya (Russian Presidential Academy of National Economy and Public Administration (RANEPA)) |
| Abstract: | Authors made a market research of promising genetic technologies in Russia and considered the main segments of the market, trends, identified market development strategy. Its volume in Russia is about 10 billion in Rubles, and continues to increase by an average of 15% per year. Prospects for the use of genome-sequencing are very promising, but the domestic market does not look so rosy as the worldwide one. Despite the huge money spent in a high degree of equipment, almost 90% of the equipment park is standing idle. Attempts to go beyond the budget funding and go in a commercial direction can not yet be called successful. More efficient use of genome-sequencing is possible to create specialized centers. Due to the high concentration of human resources and technological capabilities at multiple sites fullest possible advantage of new technologies, reduction of the final price analysis and quality improvement. |
| Keywords: | full genome sequencing, Russia |
| Date: | 2016–03–10 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:1032&r=cis |
| By: | Leppänen, Simo; Solanko, Laura; Kosonen, Riitta |
| Abstract: | This paper explores the implications of climate change for government expenditures. Using a rich sub-national dataset for Russia covering 1995–2009, we estimate the impacts of changes in climatic conditions through short-term variation and medium-term changes in average regional temperatures and precipitation. We show a strong and robust negative (but non-linear) relation between regional budget expenditures and population-weighted temperature. The results indicate that an increase in temperature results in a decrease in public expenditures and that the magnitude of this effect diminishes the warmer the region. Further, our results suggest that the benefits from warming accumulate and that adaptation measures could help leverage those benefits. The estimated decreases in regional government expenditure are, however, quite small. It should be noted that our results are estimated for a scenario of mild temperature increase (1–2 °C). Larger temperature increases are likely to have dramatic consequences e.g. from loss of permafrost and methane release that are impossible to predict with available historical data. |
| Keywords: | climate change, public expenditures, adaptation, non-linearity, Russia |
| JEL: | Q54 Q58 H72 R59 C50 P20 |
| Date: | 2015–09–22 |
| URL: | http://d.repec.org/n?u=RePEc:bof:bofitp:2015_027&r=cis |
| By: | Limonova, Ekaterina (Russian Presidential Academy of National Economy and Public Administration- Stolypin Volga Region Institute of administration) |
| Abstract: | The article discusses the possibility of using valuation of bank staff using a regression model of professional competencies. The advantages of its use in personnel management system. We describe the most important for the banking business competence. The results of evaluation of the use of bank staff on the basis of six months in one of the largest commercial banks in the Russian Federation. |
| Keywords: | personnel management system, professional competence, a model of multiple regression, the estimation of personnel for six months results. |
| Date: | 2016 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:ppaper:m16l2&r=cis |
| By: | Ponomarenko, Alexey |
| Abstract: | This paper discusses the money creation mechanisms in emerging markets with special focus on external transactions. We argue that one should not rule out the possibility that fluctuations in the loans-to-deposits and non-core liabilities ratios are driven by the banks. We also argue that, under a flexible exchange rate regime in which the central bank is not trying to accumulate foreign reserves, external transactions are unlikely to contribute significantly to money growth. To make our argument, we analyze a historical episode of these flows in Korea and Russia and conduct a canonical correlation analysis for a cross-section of emerging market economies. |
| Keywords: | Money supply, non-core liabilities, loans-to-deposits ratio, emerging markets |
| JEL: | E51 F30 G21 |
| Date: | 2016–03–15 |
| URL: | http://d.repec.org/n?u=RePEc:bof:bofitp:2016_004&r=cis |
| By: | Polterovich, Victor |
| Abstract: | The influence of civic culture is considered on the effective choice of the reform plan which is defined as a sequence of interim institutions that "connects" the initial institution with final, desirable for reformer. Accounting for prevailing values, characteristics of mass behavior and competencies under designing intermediate institutions contributes to the success of reform, whereas ignoring them leads to high costs and dysfunctions. In addition, interim institutions can influence the cultural shifts, causing further advancement or failure of reforms. The validity of these theses is demonstrated in the analysis of the privatization and democratization processes in various countries. The hypothesis is put forward and discussed that, in developing countries, one of the important causes of reform failures is a cultural gap between the elite of society and the mass of citizens. |
| Keywords: | catching-up development, institutional trajectory, interim institution, trust, postmaterialism, social values, privatization, democratization |
| JEL: | A13 B52 D02 O1 P11 P16 P5 |
| Date: | 2016–05–31 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:71658&r=cis |