{"title":"How are Russia’s industries adapting to Western economic pressure? The case of gold","authors":"J. Kennedy","doi":"10.1080/14631377.2023.2237233","DOIUrl":"https://doi.org/10.1080/14631377.2023.2237233","url":null,"abstract":"ABSTRACT In this article the author draws on materials including government policies, corporate and media reports, and analysis of industry trends, to describe the development of Russia’s gold industry since 2000. The growth of the sector exemplifies the Putin administration’s determination to increase production and exports in the natural resource sectors, and offers further evidence of how Russia’s ‘limited access’ system of political economy functions. The author then examines how the industry has responded to Western pressure since the invasion of Ukraine in February 2022. This provides insight in to how the sector is faring, how it is re-orienting to non-European markets, and the practical measures corporations have taken to evade sanctions and find new suppliers. The author argues that if this industry, and other metals and mining industries, can succeed in these efforts, they will provide a boost to Russia’s effort to sure up essential export revenues.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47136503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of product sophistication in Vietnam: findings from the firm–multi-product level microdata approach","authors":"Ha Thi Tran, H. Truong, Chung Van Dong","doi":"10.1080/14631377.2023.2237178","DOIUrl":"https://doi.org/10.1080/14631377.2023.2237178","url":null,"abstract":"","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48159617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FDI spillovers and productivity in Vietnamese manufacturing industries - new insights from the unconditional quantile regression","authors":"T. Nguyen-Huu","doi":"10.1080/14631377.2023.2238158","DOIUrl":"https://doi.org/10.1080/14631377.2023.2238158","url":null,"abstract":"","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47136057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Problems and prospects for organic agriculture in Russia","authors":"S. Wegren, A. Nikulin, I. Trotsuk","doi":"10.1080/14631377.2023.2237201","DOIUrl":"https://doi.org/10.1080/14631377.2023.2237201","url":null,"abstract":"ABSTRACT Russian policymakers have ambitions to become a major exporter of organic foods, capturing as much as 10% of the world’s organic market. Russia’s war with Ukraine and subsequent Western sanctions render this goal unrealistic for the foreseeable future. Aside from the war, this article examines factors that affect the growth of Russia’s organic food sector. We argue that although Russia’s organic food sector has come far in a short period of time, it is unlikely to dislodge the primacy of industrial agriculture, which remains the cornerstone of agricultural production in Russia and in other developed states. The organic food market in Russia is likely to remain a niche market, which means that Russia will remain wedded to industrial agriculture and the food it produces.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46468312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Costs of economic growth: new insights on wealth and income inequalities in the post-communist countries","authors":"M. M. Badur, K. Sohag, S. Hammoudeh, G. Uddin","doi":"10.1080/14631377.2023.2236870","DOIUrl":"https://doi.org/10.1080/14631377.2023.2236870","url":null,"abstract":"ABSTRACT We scrutinise the role of institutional, market, and financial freedoms within the occurrence of wealth and income inequalities, thus attempting to corroborate the Kuznets curve hypothesis by using general and decomposed measures. To this end, we apply an auto-regressive fixed effect framework with Driscoll Kraay standard errors to analyse the panel time series data for twelve Post-Communist economies. Our empirical results highlight that the overall economic growth provides two different implications for the income and wealth inequalities. Economic growth fosters income inequality up to a threshold point, afterwards it declines with further economic growth, thereby validating the Kuznets curve hypothesis. The decomposed analysis confirms that further economic growth surpassing the threshold level re-distributes income from the top 10% class to the bottom 50% and middle 40% classes.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43083556","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Innovations and their complementarities: which types of innovations drive export performance?","authors":"O. Mariev, N. Davidson, K. Nagieva, A. Pushkarev","doi":"10.1080/14631377.2023.2215022","DOIUrl":"https://doi.org/10.1080/14631377.2023.2215022","url":null,"abstract":"ABSTRACT This paper analyses the impacts of different innovation types and personnel training on manufacturing firms’ export performance in Russia. We use Business Environment and Enterprise Performance Survey data and modified Crépon-Duguet-Mairesse (CDM) model, linking firms’ R&D, innovation (product, process, organisational, and marketing), and export share in revenue to fill the research gap by connecting innovation with export and addressing different innovation types. Estimation reveals that combination of organisational innovations with other innovations increases return on R&D and export; firms performing R&D are more sensitive to taxes and difficulties in receiving licences and permits, while cooperation and training facilitate process, marketing, and organisational innovations, and all innovation types positively affect firms’ export. Therefore, on firm level, personnel training and combining different innovation types will enhance export. At the regional or national level, we offer approaches for improving policy to support developing human capital, providing better business environment, and promoting fair competition.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49276405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Estimation of a small open economy DSGE model for Kazakhstan","authors":"Erlan Konebayev","doi":"10.1080/14631377.2023.2214753","DOIUrl":"https://doi.org/10.1080/14631377.2023.2214753","url":null,"abstract":"ABSTRACT This paper adapts and estimates the DSGE model of Medina and Soto (2007) in the context of Kazakhstani economy. The main goal of the paper is to contribute to the scarce macroeconomic modelling literature on Kazakhstan and analyse the structure of the Kazakhstani economy using the DSGE framework. Overall, we find that the oil price shock is key in explaining the variance of virtually all the variables of interest – in particular, it accounts for more than 40% of variance in real exchange rate over the long-term horizon. Furthermore, while the oil price and commodity (oil) production shocks contributed positively to the country’s GDP growth in real terms before the Great Recession, their effects have been primarily negative during the two major economic crises of 2007 and 2015, and the fiscal policy has had mixed success in counteracting them. Lastly, the counterfactual exercises show that the choice to adopt the floating exchange rate policy in 2015 has prevented a larger output slump in the short-term at the cost of stronger currency depreciation, and that countercyclical fiscal rules would have greatly mitigated the immediate negative impact of the 2007–08 and 2015 crises, in addition to making real output more stable overall.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43155217","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Institutions, corruption and transparency in effective healthcare public procurement: Evidence from Central and Eastern Europe","authors":"P. Nemec, Veronika Ďuricová, M. Kubák","doi":"10.1080/14631377.2023.2213465","DOIUrl":"https://doi.org/10.1080/14631377.2023.2213465","url":null,"abstract":"ABSTRACT The benefits of good procurement practices in the healthcare sector are well known. Indeed, the importance of transparent, effective and efficient procurement of medical goods and services has gained momentum even more in light of the recent Covid-19 pandemic. However, there is little evidence of how traditional factors occurring on a procedure or contract level affect the effectiveness of public purchases when they take play in different institutional environments. This paper, therefore, contributes to this evidence using a large sample of public contracts in healthcare sectors awarded in 11 Central and East European Countries. The results support the previous evidence on the important role of transparency and open competitive bidding. Procedures with a prior call for competition and allowing for an unrestricted number of competitors lead to cost-effective contracts and higher direct savings. Effective government and lessening corruption have proven to facilitate better procurement outcomes, considering the financial aspects of awarded contracts. Moreover, the results on the effects of institutions contribute to the current academic debate by providing insight into the mechanism of obtaining cost-effectiveness and showing that strong institutions can play an important role in mitigating the adverse procurement outcomes related to less transparent and competition-restricting procedures.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41656886","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Safet Kurtović, N. Maxhuni, B. Halili, Arta Maxhuni
{"title":"Is there an asymmetric effect of exchange rate volatility on exports and imports in the Central, East and Southeast European countries?","authors":"Safet Kurtović, N. Maxhuni, B. Halili, Arta Maxhuni","doi":"10.1080/14631377.2023.2210925","DOIUrl":"https://doi.org/10.1080/14631377.2023.2210925","url":null,"abstract":"ABSTRACT The main objective of this paper is to assess the asymmetric effect of exchange rate volatility on the exports and imports of 17 Central, East and Southeast European (CESEE) countries. For this purpose, the linear and non-linear autoregressive distributed lag (ARDL) model and annual data for the 1995–2020 period were used. Empirical results of the assessment showed an asymmetric effect of exchange rate volatility on exports in nine countries and a symmetric effect on exports in four countries. Similarly, an asymmetric effect of exchange rate volatility on the imports of 10 countries and a symmetric effect on the imports of five countries were found. Research implications of this study are important to enable policy makers to understand that results obtained in earlier studies through the linear model may lead to incorrect views about the effect of exchange rate volatility on the exports and imports of CESEE countries.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46334850","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Migrants remittances and fertility in the Post-Soviet states","authors":"Boburmirzo Ibrokhimov, Rashid Javed, Mazhar Mughal","doi":"10.1080/14631377.2023.2210365","DOIUrl":"https://doi.org/10.1080/14631377.2023.2210365","url":null,"abstract":"ABSTRACT The demographic consequences of remittance flows to the developing countries have so far received scant attention. In this study, we examine the impact of migrants’ remittances on fertility by employing unbalanced panel data from Post-Soviet states. During the last three decades, these countries witnessed large-scale out-migration accompanied by high inflows of migrants’ remittances, and went from a high mortality – high birth rate to a low mortality – low birth rate regime. Employing standard panel estimation methods and instrumental variable (IV) approach, we find evidence for a significant negative association between remittances and fertility. These findings are robust to alternate measures and strategies. The impact of remittances is significant beyond a minimum threshold and has strengthened over time. The findings of the study highlight the remittances’ substitution effect contributing to the post-communist countries’ demographic transition.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42451777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}