Hunting for Homo Sovieticus: situational versus attitudinal factors in economic behaviour

Article Abstract:

Much of what is perceived as an ingrained attitude among people in the former Soviet Union, is in fact a response to particular economic conditions experienced by people in those countries, and this includes attitudes to risk taking and assuming responsibility. Perceptions of the economic environment can be classed as situational; while factors inherent in the people themselves, such as culture and personality, can be classed as attitudinal. The implication of finding that consumer behavior in the former Soviet Union is situational is that the likelihood of successful reform is increased.

Services, not elsewhere classified, Psychological aspects, Consumer behavior, Russians

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Official creditor seniority and burden-sharing in the former Soviet bloc

Article Abstract:

International financial institutions, or IFIs, do not automatically qualify for seniority among creditors to former Soviet republics. These republics are facing large problems related to economic reforms, and the sole international organisations which can give coordinated technical help are the World Bank and the International Monetary Fund. Aid agencies and other bilateral state creditors may be affected if IFI's claim priority, and Germany could in particular be affected. Generally, government agencies and people who pay taxes in more developed countries are likely to be hit.

Commercial nonphysical research, Finance, taxation, & monetary policy, Admin. of general economic programs, International Monetary Fund, International relations, World Bank, Russian foreign relations

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Public resistance to indexation: a puzzle

Article Abstract:

The use of indexation, which is advocated by US economists, has been met with resistance from the public despite its advantages for long-term contracts and the susceptibility of using nominal contracts to inflation. The public may have misconceptions about the different factor that affect inflation and buying power that may be rooted in an aversion to long-term planning. Turkish citizens, who experience variable high inflation, have similar views on indexation and cite government dishonesty as a factor for not supporting it.

Economics, Research and Development in the Social Sciences and Humanities, Research, Inflation (Finance), Price indexes, Indexation (Economics), Inflation (Economics)

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