Economic Survey of Russia 2009: Improving regulation in Russia's goods and services markets

Despite improvements in some areas, many aspects of Russia’s regulatory framework are still restrictive and economic performance could be enhanced by bringing regulation into line with best practices.

Economic Survey of Russia 2009: Making the banking sector more efficient and resilient

Despite improvements, the banking system remains underdeveloped and crisis-prone. The current crisis, albeit painful, may yield restructuring and new regulatory approaches that will be positive in the long run.

How does decentralised minimum wage setting affect unemployment and informality? The case of Indonesia

Our findings show that an increase in the minimum to mean wage ratio is associated with a net increase in employment: a rise in informal sector employment more than compensates for job losses in the formal sector.

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Intergenerational social mobility

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Economic Survey of Belgium 2009: Promoting competition to strengthen economic growth

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Price and volume elasticities of Brazilian foreign trade: A profit function approach

To investigate the possible impact of terms of trade gains on the real economy, this paper estimates normalised quadratic input demand and output supply functions for the Brazilian economy during 1997-2008.

Current account sustainability in Brazil: A non linear approach

To shed further light on this issue in the context of emerging market economies, this paper uses Brazilian data to estimate the determinants of the current account in a smooth transition vector autoregressive (ST VAR) setting.

The incentives to participate in and the stability of international climate coalitions: a game-theoretic approach using the WITCH Model

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