FREE Policy Brief

Russia and Oil — Out of Control

Torbjörn Becker, SITE

FREE Policy Brief

And the Lights Went Out – Measuring the Economic Situation in Eastern Ukraine

Tom Coupe, KSE/KEI
Michał Myck, CenEA
Mateusz Najsztub, CenEA

FREE Policy Brief

Global Inequality – What Do We Mean and What Do We Know?

Jesper Roine, SITE

FREE Policy Brief

Spatial Wage Inequality in Belarus

Aleh Mazol, BEROC

FREE Policy Brief

Expanding Leniency to Fight Collusion and Corruption

Reinaldo Diogo Luz, UFMG Law School
Giancarlo Spagnolo, SITE

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The Economics of Russian Import Substitution

This policy brief discusses the economic mechanisms triggered by import substitution policies, associated losses and conditions that ensure positive economic effects. Numerical estimations of potential effects of Russian import substitution policies indicate a decline in GDP, decrease in output of unprotected sectors and consumers’ welfare...
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Does Product Market Competition Cause Capital Constraints?

At the very center of Schumpeter’s (1934, 1942) notion of creative destruction is firms’ access to bank capital, which helps to fund the innovation in competitive product markets that drives out less productive firms in favor of those with more profitable ideas. However, competition is...
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What Does Ukraine’s Orange Revolution Tell Us About the Impact of Political Turnover on Economic Performance?

Political turnover is a normal, even desirable, feature of competitive politics, yet turnover in a context of weak institutions can create policy uncertainty, disrupt political connections, and threaten the security of property rights.   What is the impact of political turnover on economic performance in such...
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Spatial Wage Inequality in Belarus

This policy brief summarizes the results of an analysis of wage inequality among the districts of Belarus over the period 2000-2015. The developments in wage inequality varied noticeably by sub-periods: wage disparity decreased in 2000-2005, stayed stable in 2006-2012, and increased again during the last...
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