Full preparation for taking the Russian State Exam in English with diagnostic tests, exam-type exercises and several full-size practice tests.
The present book will be helpful resource for pre-intermediate level (A1-A2) people aimed to systematize their grammar knowledge, enlarge vocabulary and improve reading comprehension activities (scanning, skimming, intensive reading) in order to prepare for different types of exams.
The book includes authentic texts from French media and Intrenet sites accompanied by a set of questions, exercises and tests. Many of them are based on french and russian placement examination tasks.
Institutions affect investment decisions, including investments in human capital. Hence institutions are relevant for the allocation of talent. Good market-supporting institutions attract talent to productive value-creating activities, whereas poor ones raise the appeal of rent-seeking. We propose a theoretical model that predicts that more talented individuals are particularly sensitive in their career choices to the quality of institutions, and test these predictions on a sample of around 95 countries of the world. We find a strong positive association between the quality of institutions and graduation of college and university students in science, and an even stronger negative correlation with graduation in law. Our findings are robust to various specifications of empirical models, including smaller samples of former colonies and transition countries. The quality of human capital makes the distinction between educational choices under strong and weak institutions particularly sharp. We show that the allocation of talent is an important link between institutions and growth.