nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2012‒10‒27
ten papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Production Macrostructure in Russia in 2011 By Olga Izryadnova
  2. Domestic capital investment By Olga Izryadnova
  3. Military Economy and the Military Reform in Russia in 2011 By Vasily Zatsepin; Vitaly Tsymbal; Elena Trofimova
  4. RUSSIAN ECONOMY AS THE HOSTAGE OF HIGH OIL PRICES By Sergey Drobyshevsky
  5. Problems of Rural Development in the Wake of the Municipal Reform in Russia By Irina Starodubrovskaya; Nina Mironova
  6. Russian Industrial Enterprises in 2011 By Sergey Tsukhlo
  7. Russian interbank networks: main characteristics and stability with respect to contagion By A. V. Leonidov; E. L. Rumyantsev
  8. Reserve Currencies: Factors of Evolution and their Role in the World Economy By Sergey Narkevich; Pavel Trunin
  9. Reserve Currencies: Factors of Evolution and their Role in the World Economy By Sergey Narkevich; Pavel Trunin
  10. Export Duties on Oil and Oil Products: Cancel Expediency and Scenario Analysis By Yuri Bobylev; Georgy Idrisov; Sergey Sinelnikov-Murylev

  1. By: Olga Izryadnova (Gaidar Institute for Economic Policy)
    Abstract: This paper deals with Russia’s marcoeconomic structure. The author analyzes major trends and drivers, major GDP characteristics, changes in GDP structure, production development and structure by type of economic activity.
    Keywords: Russian economy, Russia’s GDP
    JEL: O11 G18 G28
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:44&r=cis
  2. By: Olga Izryadnova (Gaidar Institute for Economic Policy)
    Abstract: This paper deals with Russia’s capital investments in 2011.
    Keywords: Russia’s capital investments
    JEL: F34 G24
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:45&r=cis
  3. By: Vasily Zatsepin (Gaidar Institute for Economic Policy); Vitaly Tsymbal (Gaidar Institute for Economic Policy); Elena Trofimova (Gaidar Institute for Economic Policy)
    Abstract: The transition to “a new image” of the Armed Forces of the Russian Federation that started back in 2008 and continued through 2011 was clearly planned, as the Russian top military leaders affirmed. In practice, however, these plans proved to be “unbaked” and required online corrections and removal of deficiencies. This paper deals with the acute issues of the Russian Military Reform throughout 2011.
    Keywords: military reform, Russian Federation, conscription, defence policy
    JEL: D74 F52 F53 H56
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:49&r=cis
  4. By: Sergey Drobyshevsky (Gaidar Institute for Economic Policy)
    Abstract: This paper is about the bane of the Russian economy: rich oil and gas reserves, which hamper the implementation of structural economic reforms. Oil industry forms the backbone of the Russian economy playing a major role in ensuring revenues of the government budget and the country’s favorable trade balance.
    Keywords: Russian economy, Russia’s oil-and-gas sector.
    JEL: L71 L72
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:wpaper:0036&r=cis
  5. By: Irina Starodubrovskaya (Gaidar Institute for Economic Policy); Nina Mironova (Gaidar Institute for Economic Policy)
    Abstract: This publication addresses theoretical and practical aspects of rural life in Russia. The authors developed approaches to enhance rural evelopment in the framework of regional managerial strategies. Operation of the institutions of local development in Arhkangelsk oblast and the Republic of Karelia are investigated. Objective preconditions, constraints, institutional circumstances and the most preferable mechanisms of ensuring development on various types of rural territories are studied. The influence of municipal reform on all these issues is also demonstrated.
    Keywords: Rural Development, Municipal Reform, Russia
    JEL: H30 K10 R00
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:69&r=cis
  6. By: Sergey Tsukhlo (Gaidar Institute for Economic Policy)
    Abstract: This paper was prepared using data of monthly business surveys conducted by the Gaidar Institute for Economic Policy (IEP) among managers of industrial enterprises since September 1992. The surveys are based on the European harmonized methodology and encompass the entire territory of the Russian Federation. The size of the panel is about 1100 enterprises that employ over 15% of the total number of employed in industry. The panel is biased towards large enterprises in each of the selected sub-industries. The rate of response to questionnaires ranges from 65% to 70%.
    Keywords: business surveys, Russian economy, industrial enterprises
    JEL: C53 E37 L21 L52
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:42&r=cis
  7. By: A. V. Leonidov; E. L. Rumyantsev
    Abstract: Systemic risks characterizing the Russian overnight interbank market from the network point of view are analyzed.
    Date: 2012–10
    URL: http://d.repec.org/n?u=RePEc:arx:papers:1210.3814&r=cis
  8. By: Sergey Narkevich (Gaidar Institute for Economic Policy); Pavel Trunin (Gaidar Institute for Economic Policy)
    Abstract: This works deals with the analysis and classification of the existing theoretical and empirical models describing the factors of establishing reserve currencies, and their role in today's global payment system. The important part of the study is devoted to the concept of a regional reserve currency, and the definition of the specific factors affecting the upgrading of the currency status. The authors assess the role of regional reserve currencies in international transactions and global financial markets. In the final part of the study the authors analyze the activities that could enhance the status of the Russian ruble and turn it into a regional reserve currency.
    Keywords: Reserve Currencies, regional reserve currency
    JEL: E42 E44 E58 F31 F33 F36 F42 F55 G15
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:68&r=cis
  9. By: Sergey Narkevich (Gaidar Institute for Economic Policy); Pavel Trunin (Gaidar Institute for Economic Policy)
    Abstract: This work deals with the analysis of classification of the existing theoretical and empirical models describing the factors of establishing reserve currencies, and their role in today’s global payment system. The important part of the study is devoted to the concept of a regional reserve currency, and the definition of the specific factors affecting the upgrading of the currency status. The authors assess the role of regional reserve currencies in international transactions and global financial markets. In the final part of the study the authors analyze the activities that could enhance the status of the Russian ruble and turn it into a regional reserve currency.
    Keywords: reserve currencies, world economy
    JEL: E42 E44 E58 F31 F33 F36 F42 F55 G15
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:50&r=cis
  10. By: Yuri Bobylev (Gaidar Institute for Economic Policy); Georgy Idrisov (Gaidar Institute for Economic Policy); Sergey Sinelnikov-Murylev (Gaidar Institute for Economic Policy)
    Abstract: The existing mechanism of gaining resource rent from the national resources sale represents a way to cover inefficient mainly one economic sector – oil refining. National oil refining in the world prices has been producing negative value added for over twenty years. Present research provides analysis of the consequences, which can come from the cancellation of the export duty on oil and oil products as a necessary step to stimulate the energy efficiency of Russia’s economy and to eliminate underdevelopment from a long term subsidizing of inefficient oil refining sector.
    Keywords: Export Duties, Oil, Oil Products
    JEL: F14 H21 L71 Q3
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:gai:ppaper:67&r=cis

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