Toward a new stage of transformation

Article Abstract:

This article discusses the development of a policy toward economic reform and transformation to a market economy in Russia since 2000, suggesting that most political parties focus on strengthening the role of the state in pursuit of national goals and reforms. The author thinks that the the incomplete restructuring of the bureaucracy during transition lead to the suppression of market, that the state's role as regulator of market processes has not been defined, and the associations of business representatives have not been able to ensure a balance between market self-regulation and state regulation or defend their common interests.

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Necronomics: a phenomenon of post-communist transition period

Article Abstract:

This article discusses the post-communist economic transtition in Russia, focusing on the 'blank spot' in the economic theory that occurred during transition from a command to market economy. Issues include the command economy's denial of competition which destroyed economic development, introduces the concept of a dead or necreconomy compared to a vital or viteconomy, and discusses the existence of market economics in the shadow economy of the command economy.

Economics, Underground economy, Post-communism

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The foreign bank in the regions

Article Abstract:

This article examines the role of foreign banks in the Russian economy since the economic crisis of 1998, addressing such issues as the value of the Russian market as the largest developing market in the world, the relative safety of risks in that market, and services of foreign banks to Western clients in Russia. The development of new regional banks and the potential of new open niches they have created are also considered.

Foreign investments, Foreign banks

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