Активы. Институты. Инновации
Issues of interaction between assets, institutions and innovations are the subject of paper. Special attention is given to the specific (idiosyncrasy) assets characteristics in a centrally planning economy. "Shale revolution" assets drivers analyses is presented. Quantitative estimates of main conclusions are given – as with use of econometric tools as "catastrophe theory" approach.
The article presents an analysis of the impact of institutional features of the US economy to implement the practice of unconventional measures of monetary policy in the current crisis. Article researches the programs of unconventional monetary policy, which the Fed held before and after the collapse of the bank Lehman Brothers, systematized and compared the Fed’s actions during the crisis in the US at the different stages. A detailed study of the programs, which the Fed used to influence the economy in the crisis, shows a special character of these programs. On the one hand, it was definitely the adaptation of the measures applied to the current situation. On the other hand, the institutional features of the US financial market dictated the need for exposure on the certain sectors of the financial market, but not on the whole market.
Issues of the institutional environment factors influence on qualitative shift in the composition of the hydrocarbons considered in the article (for the example of shale gas revolution in the U.S.). The quantitative assessment of institutional factors impact on shale gas production is made by using mathematical "catastrophe theory".
This is a book about the “how to” of one of the most important aspects of diaspora engagement — leveraging countries’ talent abroad to support development at home. The understanding that the diaspora (emigrants and their descendants who retain ties to their countries of origin or ancestry) can be a critical partner for development has emerged fairly recently, due in large part to the experience of two new global powers — China and India — whose rise to prominence owes much to the contributions of their talent abroad. In the amazingly short span of about 15 years, the importance of the diaspora to development has evolved from a novel and somewhat heretical hypothesis to conventional wisdom. Now it is commonly acknowledged that diasporas can be important, but the path of developing policies and programs to help realize the promise of diasporas has been fraught with frustration and disappointment. Diaspora contributions seem to come spontaneously rather than as a result of policy interventions; they are a matter of serendipity. By focusing on policy interventions that effectively promote diaspora contributions, the book fills an important gap in the literature.
The effectiveness of monetary policy depends not only on the transfer of shock on the economy, but also on the institutional environment in which it operates. Creating the required institutional environment is an important way to increase the effectiveness of the impact of monetary policy. To solve this problem the institutional factors should be included in the macroeconomic models. This work researches the questions of the inclusion of the institutional factors in the analysis of macroeconomic models monetary policy.
Analysis and prospects for Russia in the global energy market.
The paper analyzes the dynamic change in the Russian banking asset concentration standard. There are other countries with similar pattern of banking asset concentration change, as the article reveals. The writer also shares her vision of further developments in the rate of asset concentration in the Russian banking industry.