... disposable income while it was 73% of disposable income in 2017.According to a report by US Federal Reserve from saving to GDP ratio dropped from 13% to 2.6% from 1970 to 2017. 1975 is the last year US has seen a trade surplus. Attesting to the fact that US economy is a consumption led economy and implementing policies to repress consumption can lead to recession.Trade deficits can't be reduced with a rising consumption.Trump's measures are not going to shield internal markets. Source: informator.newsSo ...
- 25.03.2019 13:49:45
The digital economy of Russia  In order to stimulate the Russian economy, a law was passed in 2003 to promote Russian technological advancement. The law is applicable to state-owned companies. The objective is to reduce reliance on foreign technology, build the ...
- 20.08.2018 15:44:59
As society shifts toward increased digitization, from earning a living through digital platforms to the digitization of all aspects of the economy, the binary logic of industrial economy versus digital economy is replaced with a continuum of digitization of entire economies. Digitization is a way of increasing productivity and profitability as it results in an exchange of material productivity ...
- 16.08.2018 11:03:55
... an attempt by Putin to create a puppet state out of an Assad-run country to use as an additional ally on the negotiating table against NATO and so on. What Americans fail to recognize, however, is just how important a stable Syria is for the Russian economy, and that having Assad in power, regardless of just how far under Putin’s control the man is, is possibly the sole end goal of Russia.Tartous Port, Syria Ever since the days of the Roman Empire, the region of Syria has been an incredibly wealthy ...
- 05.07.2017 00:08:13
... a negative impact on this sector. It must be noted the basic problem in the modern world on a level relationship between sustainable development and economic growth are:The problem of the gap between the rich and the poor. So do we in the era of the economy for the economy and not for the community?Far from theorizing and according to the statistics and data on the economic gap (If we take into account that the largest percentage of citizens are workers or employees are gainfully employed), we can ...
- 02.05.2017 14:36:51
... spirit has not relinished. The Muslim Brotherhood, which supported the protest, will certainly be working low key on a comeback initiative, which is even more concerning considering the orthodox nature of the movement.
The healing of the Egyptian economy – and concurrently of the country as a whole – may be in jeopardy of never materializing in the foreseeable future. Experience shows that in a delicate social and economic situation such as that currently existent in the country, the ...
- 27.12.2016 22:22:00
Last week I attended a conference titled “Russia’s food market in 2015”; it was the first of a series of panels that took place in occasion of the 24th World Food Exhibition, a well-known event which brought to Moscow more than 1500 firms from over 70 countries.
At the discussion participated the Presidents of many Russian Commercial Unions in the food sector from one side and spokesmen of the Russian and Belarusian Ministries of Agriculture on the other. Issues such as the politics...
- 23.09.2015 18:10:00
... that authorities are openly advertising could not be for the good of the Russian society. Rather, it could result in a general deterioration of the economic welfare.
In order to cast light on these issues, I have interviewed an expert of political economy and trade policies, Professor Konstantin Sonin. Professor Sonin is a prominent economist, former Vice Rector of the Higher School of Economics in Moscow and current Professor at the University of Chicago. He is also a columnist of the Russia newspaper ...
- 16.09.2015 23:11:00
... linguistic unity remains a powerful foundation of Eurasian integration. Business will also benefit from Kyrgyzstan’s accession to the EAEU, as it will receive access to a large commodities market. It will stimulate the development of the national economy and create favourable conditions for Kyrgyzstan businesses to enter its traditional markets (those of the former USSR). First of all, it will provide the necessary conditions to revive production, create new jobs, revitalise certain sections of ...
- 01.09.2015 18:05:00
... few days ago the European Union has confirmed that the economic sanctions against the Russian Federation were extended for another year, or specifically up to 19th January 2016. Despite attempts to minimize the perceived impact of this policy on the economy of the EU in the eyes of the public opinion, the price being paid to pursue this power politics agenda is none else but a hefty one. In this article I will focus on the actual catastrophic consequences of the sanctions on Italy, the reason of ...
- 25.06.2015 13:34:00
Kvashnin Yuri (Ph.D in History)
(Head, European Union Studies Department, IMEMO RAN, RIAC Expert)
Today the Russian-Greek economic relations are affected by a triple crisis: the ongoing crisis in Greece, the crisis in Russian–EU relations and Russia's economic hardships.
As for the first one, at the beginning of this year Greece's economic prospects looked bright. 2013 was the first year when Greece achieved primary surplus of 1.5 billion euro. In the passing year it showed...
- 03.01.2015 01:06:00
(RIEAS Academic Advisor based in Seattle, USA)
Ever since April, and a much publicized re-entry in the capital markets to secure a loan, the Greek PM Mr. Samaras has taken no breaks from advertising his government's supposed "success" in leading Greece "out of her crisis." With the exception of Mr. Samaras's narrow circle of advisers, everyone knows that this claim is bogus. In October, Mr. Samaras took another bold, but utterly inane, step in...
- 08.12.2014 18:10:00
An American and two Russians have landed safely in Kazakhstan after 5 ½ months in space… and to think there is no cooperation toward a more peaceful world between the United States and Russia.
Meanwhile, private citizens of Qatar, and other friends of the United States, have been financing Hamas and ISIS. Now, as Washington prepares to launch a new campaign to destroy global terror networks an American website with ties to the J Street lobby claims that the RUNET (Russian Internet)...
- 11.09.2014 10:13:00
Calling the BRICS development bank “an insurance policy against the risk of U.S. sanctions,” experts at the prestigious Brookings Institution have joined Washington’s effort to disrupt the Russian economy and punish nations who do business with it. Branded as the world’s most influential think tank with an endowment upwards of $262 million, Brookings has been on Uncle Sam’s payroll since 1916, providing guidance on domestic and international ...
- 11.08.2014 07:12:00
[xvi] Ironically, Ukraine has been asked to pay higher prices than their European counterparts. http://www.bloomberg.com/news/2014-04-03/russia-to-charge-ukraine-more-than-germany-as-gas-discounts-end.html
- 01.07.2014 15:05:00
... Regardless of motive and method, the loss of workable land hurts not only the harvester, but also has broad consequences for his neighbors in terms of erosion, downstream flooding, and pollution. As the demand for water grows with population and the economy, water supplies will be increasingly polluted from untreated sewage, from industrial discharges, and from salt-water intrusion of overexploited water tables. A good policy to bring about progress and development along with the concept of maintaining ...
- 27.06.2014 15:58:00
... French technology. As a result, while everyone talks about energy security the action in the South Atlantic and Antarctica is making the region a big hangout for nuclear submarine activity and that means military spending that drive the defense driven economy. This helps facilitate the expanded Russian naval presence that Russian President Vladimir Putin seeks. The scenario also provides more opportunities for the new Russian B-90 Sarov class nuclear attack submarines and their high tech research capabilities....
- 06.08.2013 10:54:00