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Part II. The Russian Dilemma: Who is to Blame and What Should Be Done? Path Dependence

... property rights and later played crucial role during the Industrial Revolution in the United Kingdom. Those two different political approaches shaped the way of how the countries were operating at the institutional level and changed the destinies of two Empires. By being on the wrong path, step by step more and more institutions and political interests were gaining political weight in Spain. Any change would be considered as a threat to their political and economic future. As a result, more and more ...

Shedov Yaroslav
04.06.2021 15:23:39

Part I. The Russian Dilemma: Who is to Blame and What Should Be Done? Path Dependence

... history, as it will become clear that most states have been following a certain trend, their own trajectory. As an example, in 1890, Galicia and Eastern Hungary (parts of Austria-Hungary at that time) had slightly higher GDP per capita than Russian Empire (see Table 1). If we rewind the tape forward, we will be astonished at finding out that Russian and Hungarian GDP per capita is still relatively the same (see Figure 2)1. Hungary and Russia are now no longer empires; both countries had difficult ...

Shedov Yaroslav
14.05.2021 15:24:28

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  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
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