Government spending should be regarded as a social and political phenomenon, not merely as a technical choice. We argue that there is an implicit contract between the organized elites and politicians which often leads to a pro-elite allocation of public resources. A natural and simple taxonomy...

Explicitly accounting for certain basic physical laws governing the “earth” sector dramatically enriches our ability to explain a high degree of diversity in observed patterns of economic growth. We provide a theoretical explanation of why some countries have been able to sustain a more or...

The development problems of a fruit and vegetable sub-complex in the risky conditions of the Volgograd region agriculture are discussed in the article. The organizational and economic assessment is given to formation of the fruit and vegetable production regional market; the major factors...

The transformation of the socialist system and economy in the East-European countries and in the former SFR of Yugoslavia began with the pulling down of the Berlin Wall in 1989. For ten Countries from the Baltic, Central and Eastern Europe, this process was ended by their membership in the EU in...