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on Confederation of Independent States |
| By: | Yuri Bobylev (Gaidar Institute for Economic Policy) |
| Abstract: | Petroleum complex is Russia’s basic economic sector which is playing a leading role in providing the state budget revenues. This paper is dedicated to the main issues of the government petroleum tax policy in Russia. The author analyses the outcome of the implemented petroleum tax reform and possible measures designed for further taxation improvement in this sector. |
| Keywords: | Russian economy, oil production, oil export, oil prices |
| JEL: | L71 L72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:gai:wpaper:0041&r=cis |
| By: | Nadezhda Volovik (Gaidar Institute for Economic Policy); Sergey Prikhodko (Gaidar Institute for Economic Policy); Alexander Pakhomov (Gaidar Institute for Economic Policy) |
| Abstract: | Over recent years Russia has actually become a monoculture exporter: three types of energy resources (crude oil, oil products and natural gas) ensure about 60% of the overall export volume. In the circumstances of such high export concentration over a small group of commodities, Russia’s room for maneuver regarding foreign economic ties becomes significantly narrower and its vulnerability with respect to negative changes towards global fluctuations is growing significantly. |
| Keywords: | international trade, exports, Russian economy |
| JEL: | F10 F13 F19 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:gai:wpaper:0040&r=cis |
| By: | Revold Entov (Gaidar Institute for Economic Policy); Alexander Radygin (Gaidar Institute for Economic Policy); Yuri Sinachev (Gaidar Institute for Economic Policy) |
| Abstract: | It will be some time before we can fully appreciate the radical nature of the socio-economic effects produced by the global crisis of the end of the first decade of the twenty first century. However, it is already evident that the two leading market economic systems of the Western world – that of the USA, based on an ideology of free market competition, and the socially oriented system of Europe, were unable adequately to respond to the initial phase of the crisis. Moreover, the only measures that proved capable of preventing financial and economic collapse were those taken by states that possessed powerful levers for acting upon the economy as the crisis unfolded. Russia was one of these states, though circumstances in Russia were not typical. |
| Keywords: | privatization, Russian economy, public sector, de-statification |
| JEL: | H82 K11 K22 L32 L33 P31 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:gai:wpaper:0039&r=cis |
| By: | Georgy Idrisov (Gaidar Institute for Economic Policy); Sergey Sinelnikov-Murylev (Gaidar Institute for Economic Policy) |
| Abstract: | This paper deals with the analysis of the consequences of the abolition of export duties on crude oil and petroleum products as a necessary measure to create incentives to improve energy efficiency of the Russian economy and the elimination of underdevelopment caused by the unprecedented long-term subsidies to inefficient Russian oil refining. The authors consider three possible scenarios for the abolition of export duties on crude oil and domestic market and the conservation of tax revenues at a constant level. |
| Keywords: | resource rent, oil refining, export duty on crude oil and petroleum products, energy efficiency of the Russian economy |
| JEL: | L71 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:gai:wpaper:0042&r=cis |
| By: | Vladimir Mau (Gaidar Institute for Economic Policy) |
| Abstract: | It is for nearly half a century that the problem of measuring efficiency of provision of assistance by more developed countries to less developed ones has been in the center of attention of economists. Notably, in the period after World War II the world has witnessed several stages (models) of assistance that appeared different both in terms of countries-recipients of that and by forms of the assistance provided. |
| Keywords: | economic assistance, Russian economy, assistance efficiency |
| JEL: | O19 H77 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:gai:wpaper:0038&r=cis |
| By: | Kirdina, Svetlana |
| Abstract: | The paper discusses some theoretical-methodological basis for the institutional change analysis in transitional countries. First, the paper shows the specific approach of the Marxian school of economic thought to the analysis of social and economic institutions. Second, the most general features of the system paradigm in economic theory (Kornai, 1998) are presented. Third, the institutional matrices theory, or IMT (Кирдина, 2001; Kirdina, 2001, 2010, etc.), developing Marxian approach and systemic ideas, is presented. An explanatory power of IMT is shown by the analysis of post-soviet reforms in Russia and East-European countries. |
| Keywords: | institutions; economic systems; Marxian approach; institutional matrices |
| JEL: | B10 B14 B15 |
| Date: | 2012–08 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:42998&r=cis |
| By: | Kirdina, Svetlana |
| Abstract: | This paper discusses some theoretical-methodological bases for comparative institutional analysis. First, it shows the specific approach of the Marxian school to analyzing social and economic institutions. Second, it discusses the most general features of the system paradigm in economic theory (Kornai, 1998 [2002]). Third, it presents institutional matrices theory, or IMT (Кирдина, 2001; Kirdina, 2001, 2010, etc.), which develops a Marxian approach together with systemic ideas. This section describes two basic institutional models, so-called X- and Y-institutional matrices. Fourth, it demonstrates that the economic dominance of Y-matrix countries (like the USA and European countries) since the 1970s has gradually decreased and that since 2008 the global GDP share of X-matrix countries (like Russia and China, e.g.) has prevailed and continues to grow. |
| Keywords: | institutions; economic systems; Marxian approach; institutional matrices |
| JEL: | B20 P50 |
| Date: | 2012–06 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:42999&r=cis |