The paper examines the relationship between the degree of the integration of financial regulation and the level of economic development. The main finding is that factors such as population and economy size have negative effects on financial regulation integration, while quality of governance, the size of the non-banking financial market sector and regulatory quality have a positive impact.
9 articles tagged with economy were found.
The “non-reform agenda” since the mid-2000s means that for many years, the economy has been sliding due to structural problems and weak institutions. Since 2014 the additional problems of geopolitical tension, low oil prices and economic sanctions have resulted in the economy contracting. Despite the depressed economy the leadership keeps military expenditure at a high level.
The article addresses the issue of the business climate in Russia from the Swedish investors’ perspective and relates it to a general theoretical debate in the field. Statistical test suggests that the majority of variables relating to the business climate has deteriorated between 2012 and 2014.
The study is based on qualitative interviews in small towns and villages in four Russian regions. Actions by local inhabitants, organizations and local administrations are studied. The relation between agency and local development is discussed.
"Business is not particulary concerned with democratic values, but rather with the existence of stable rules of the game and secured property rights for investors, says professor Andrei Yakovlev, head of the Institute for Industrial and Market Studies at the higher School of Economics in Moscow.
Economies of favors or corrupt societies? Exploring the boundaries between informality and corruption
The only functioning system for transactions in the Soviet Union was in fact blat, the system of corruption and tacit agreement and alliances among all parties involved in a given transaction, is here argued. The “knowing smile” was a shared signal for those in the system.
Linnaeus’s ideas and the acts of his apostles coincide with a general definition of economy as the doctrine of wise stewardship of scarce resources, which could be applied to both nature and human society. But beyond this, the philosophical, economic, and scientific thinking of Linnaeus and his contemporaries was historically distinguished by the belief that resources, as for example the number of species, could normally increase in one place simply by shrinking in another.
Interviews from three communities in a Russian region illustrate that there are many new opportunities for potential women entrepreneurs, while there are also many at times unpredictable obstacles to overcome.
“Market Reform and Socio-Economic Change in Russia” was the subject of an ambitious full-day seminar held October 6, focusing on the period since the fall of the Soviet Union.