DOI: 10.33917/mic-2.127.2026.20-29

The author proceeds from the premise that for developing countries, the highest criterion of state effectiveness is the country’s transition to a new level, joining the ranks of developed countries. Of all the post-socialist bloc countries, Poland and the Czech Republic have achieved this. The author analyzes these cases. Poland implemented a standard set of macroeconomic reforms, and they proved successful thanks to a shift in public thinking: a focus on economic rather than political issues and, as a result, the widespread development of small and medium-sized businesses, which became the driving force of development. The Czech Republic had different starting conditions than Poland. The success of the Czech Republic’s economic breakthrough was determined by the correct actions taken with respect to industrial potential, which was preserved through prudent decisions during privatization and the development of international investment cooperation.

References:

1. Global Governance Indicators. URL: https://www.worldbank.org/en/publication/worldwide-governance-indicators/interactive-data-access

2. Kovaleva V., Elistratov A. Historical Review of Economic Transformations in Poland (1990-2020). Journal of Historical Research. 2022;7(1):9-12.

3. Capitalism without Capitalists. Why Poland Was Able to Build Functioning Democratic Institutions. URL: https://lenta.ru/articles/2016/05/19/poland_capitalism/

4. Sinitsina I., Chudakova N. The EU and the Polish Economy: From Adaptation to Integration. Modern Europe. 2006;3:108-123.

5. Gabarta A. Poland: 30 Years of Socioeconomic Transformations and 15 Years of EU Membership. Europe. 2019;7:82-92.

6. Mikhalev O.Yu. Results of the Law and Justice Party’s Stay in Power in Poland. Visegrad Europe. Central European Journal. 2023;4:75-90.

7. European Innovation Scoreboard 2024. Country Data. Poland. URL: https://ec.europa.eu/assets/rtd/eis/2024/

8. Mickiewicz B. Assessment and Directions of Innovative Development of the Polish Economy. Proceedings of the V International Scientific and Practical Conference «Modern Agrarian Economy: Science and Practice». Publisher: Belarusian State Agricultural Academy (Gorki), 2022. pp. 129-133.

9. Large-scale energy project: Poland allocates billions for first nuclear power plant. URL: https://hvylya.net/news/305243-masshtabnyy-energeticheskiy-proekt-polsha-vydelyaet-milliardy-na-pervuyu-aes

10. The Polish government intends to invest 70 billion zlotys in national energy grids. URL: https://www.polskieradio.pl/397/7830/Artykul/

11. Piatkowski Marcin. Poland has become Europe’s growth champion, but can this success continue? URL: https://blogs.lse.ac.uk/europpblog/2018/12/17/poland-has-become-europes-growth-champion-but-can-this-success-continue/

12. Alekhnovich A. Lessons from the Privatization of State-Owned Enterprises in Central and Eastern Europe. URL: https://isans.org/ru/articles/uroki-privatizaczii-gospredpriyatij-v-stranah-czve.html

DOI: 10.33917/es-5.203.2025.40-43

From mid-2023 inflation began to rise sharply and was remaining high for a long time despite the Central Bank raising its key rate to a record high. The article examines the impact of key rate and rouble exchange rate on consumer price changes. It is concluded that in Russia the rouble exchange rate plays a more significant role in inflation dynamics than the key rate.

References:

1. Shirov A.A., Gusev M.S., Nekrasov F.O. Priroda inflyatsii v sovremennoy rossiyskoy ekonomike i ee vliyanie na ekonomicheskiy rost [The Nature of Inflation in the Modern Russian Economy and its Impact on Economic Growth]. Problemy prognozirovaniya, 2025, no 2, pp. 5–19.

2. Opros: pochti 60% rossiyan ne imeyut sberezheniy [Poll: Almost 60% of Russians have no Savings]. TASS, 2019, 16 sentyabrya, available at: https://tass.ru/ekonomika/6889653

3. Bol’shinstvo rossiyan okazalis’ bez sberezheniy v krizis [Most Russians Found Themselves without Savings During the Crisis]. RBK, 2020, 31 marta, available at: https://www.rbc.ru/economics/31/03/2020/5e7dd7c59a7947c7f63c1e66

4. Vakhitova G. Bolee poloviny rossiyskikh grazhdan ne imeyut sberezheniy [More than Half of Russian Citizens have no Savings]. Rossiyskaya gazeta, 2023, 16 yanvarya, available at: https://rg.ru/2023/01/16/suhoj-ostatok.html

5. Ershov M.V. Rossiyskaya ekonomika v usloviyakh novykh sanktsionnykh vyzovov [Russian Economy in the Context of New Sanction Challenges]. Voprosy ekonomiki, 2022, no 12, pp. 5–23.

6. Trinadtsat’ tezisov ob ekonomike. Etyud 11. Inflyatsiya: kratkiy obzor [Thirteen Theses on Economics. Study 11. Inflation: A Brief Overview]. Tsentr makroekonomicheskogo analiza i kratkosrochnogo prognozirovaniya, 2025, 14 iyulya, available at: http://www.forecast.ru/

7. O chem govoryat trendy: Makroekonomika i rynki [What the Trends Say: Macroeconomics and Markets]. Bank Rossii, 2025, no 1(76), available at: https://cbr.ru/Collection/Collection/File/55064/bulletin_25-01.pdf

DOI: 10.33917/es-5.203.2025.52-57

The article examines conceptual foundations and practical aspects of improving institutional mechanisms aimed at strengthening the innovative component of economic growth and creating favourable conditions for a long-term increase of the profit rate in high-tech industries.

References:

1. Marks K. Kapital. Kritika politicheskoy ekonomii. T. 1. Protsess proizvodstva kapitala [Capital. Critique of Political Economy. Vol. 1. The Process of Capital Production]. Translated from German. Moscow, Politizdat, 1960, 784 ps.

2. Smit A. Issledovanie o prirode i prichinakh bogatstva narodov [An Inquiry into the Nature and Causes of the Wealth of Nations]. Translated from English. Moscow, Eksmo, 2007, 960 p.

3. Isterli V. V poiskakh rosta: Priklyucheniya i zloklyucheniya ekonomistov v tropikakh [In Search of Growth: The Adventures and Misadventures of Economists in the Tropics]. Translated from English. Moscow, Institut kompleksnykh strategicheskikh issledovaniy, 2006, 360 p.

4. Dement’ev V.V., Shcherbakov A.P. Pribyl’ i ekonomicheskiy rost [Profit and Economic Growth]. Terra Economicus, 2017, vol. 15, no 3, pp. 75–91.

5. Keyns Dzh. M. Obshchaya teoriya zanyatosti, protsenta i deneg [The General Theory of Employment, Interest and Money]. Translated from English. Moscow, Gelios ARV, 2011, 352 p.

6. Shumpeter Y.A. Teoriya ekonomicheskogo razvitiya: issledovanie predprinimatel’skoy pribyli, kapitala, kredita, protsenta i tsikla kon”yunktury [Theory of Economic Development: A Study of Entrepreneurial Profit, Capital, Credit, Interest, and the Business Cycle]. Translated from German. Moscow, Progress, 1982, 455 p.

7. Nort D. Instituty, institutsional’nye izmeneniya i funktsionirovanie ekonomiki [Institutions, Institutional Change and the Functioning of the Economy]. Translated from English. Moscow, Fond ekonomicheskoy knigi “Nachala”, 1997, 180 p.

8. Nayt F.Kh. Risk, neopredelennost’ i pribyl’ [Risk, Uncertainty and Reward]. Translated from English. Moscow, Delo, 2003, 360 p.

DOI: 10.33917/es-2.200.2025.30-41

The article examines the problem of ensuring Russia’s economic growth in the context of a rigid monetary policy and a high key interest rate through implementation of the “supply-side economics” doctrine. The aim of the study is to demonstrate the emerging limitations for the “supply-side economy” when raising the key interest rate and the impossibility of intensifying economic growth in a sustainable and balanced format with such macroeconomic policy. Methodology is based on the modern theory of economic growth and the macroeconomic policy that stimulates it, the «supply-side economics» doctrine.

The information base of the study is formed by data from Rosstat and the Bank of Russia, scientific works on «supply-side economy». The overall result is that the article shows the effect of rigidity of the aggregate demand decline with an increase in the key interest rate, difficulty in balancing supply and demand. Increase in the interest rate in the area of its high values may cause greater decrease in supply than in demand, which is determined by sensibility of these parameters to the interest rate and other policy instruments. Such an effect can neutralize the policy of extinguishing inflation by strongly increasing the key interest rate and lead to a significant slowdown in economic growth. It is shown that negative impact of the key interest rate on aggregate supply and the search for a new point of economic equilibrium with lower price dynamics, but also relatively lower GDP, since the magnitude of its growth will be lower, favor significant limitation for implementing the “supply-side economics” doctrine in modern Russia. Moreover, the “supply-side economy” in the Reagan’s version, based on the monetarism theory, will also experience structural limitations, which, together with such a policy, can sharply weaken the competitive prospects of the Russian economy.

References: 

1. Barro R.Dzh., Sala-i-Martin Kh. Ekonomicheskiy rost [Economic Growth]. Moscow, BINOM, Laboratoriya znaniy, 2014, 824 p.

2. Drobyshevskiy S. Obzor sovremennoy teorii vremennoy struktury protsentnykh stavok. Osnovnye gipotezy i modeli [Review of the Modern Theory of the Term Structure of Interest Rates. Main Hypotheses and Models]. Moscow, Institut ekonomiki perekhonogo perioda ANKh, 1999, 133 p.

3. Khelpman E. Zagadka ekonomicheskogo rosta [The Riddle of Economic Growth]. Moscow, Izd-vo Instituta Gaydara, 2011.

4. Aghion P., Akcigit U., Howitt P. Lessons from Schumpeterian Growth Theory. The American Economic Review, 2015, vol. 105, no 5, pp. 94–99.

5. Barro R. Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 1991, vol. 106, no 2, pp. 407–443.

6. Koopmans T.C. On the Concept of Optimal Economic Growth. Econometric Approach to Development Planning. Amsterdam, North-Holland Publishing Company, 1965, pp. 225–287.

7. Kuznets S. Economic growth and Income Inequality. The American Economic Review, 1955, pp. 1–28.

DOI: 10.33917/es-6.198.2024.48-55

The article dwells on the policy of the Central Bank of Russia to suppress inflation and ensure stable economic growth. The purpose of the study is to identify the impact of the key interest rate on inflation and economic growth in Russia, to specify the negative consequences of its increase. Methodology is based on the theory of monetary policy and economic growth. The overall result obtained is that the current policy of increasing the k ey interest rate in Russia has a negative impact on economic development and is less successful in suppressing inflation than some economists and analysts expect. Moreover, it slows down economic growth, reproduces the growth of inequalit y over a long period, revealing a weakly positive effect in influencing inflation and a negative cumulative ef fect on the rate of economic growth. The approach from the perspective of “distributed control” and the cumulative ef fect, used in the article, makes it possible to reveal the joint dynamics of a number of relevant parameters that characterize and reflect the content and ef fectiveness of monetary policy in Russia. The proposal is that various policy instruments should be subordinated to the task of the real economy growth, supplying it with financial capital, against which the policy of a debt economy with a high interest rate works.

References:

1. Aganbegyan A.G. Tri glavnykh sotsial’no-ekonomicheskikh vyzova, stoyashchikh pered Rossiey, i 15 otvetnykh shagov [Three Major Socio-economic Challenges Facing Russia and 15 Steps to Take in Response]. Ekonomicheskie strategii, 2023, no 1, pp. 6–15.

2. L’vov D.S. Ekonomika razvitiya [Development Economics]. Moscow, Ekzamen, 2022, 512 p.

3. Glazyev S.Yu. Kak denezhno-kreditnaya politika ugnetaet ekonomicheskiy rost v Rossii i Evraziyskom ekonomicheskom soyuze [How Monetary Policy Is Suppressing Economic Growth in Russia and the Eurasian Economic Union]. Rossiyskiy ekonomicheskiy zhurnal, 2022, no 2, pp. 4–20.

4. Bank Rossii ne isklyuchil “bolee znachitel’nogo” povysheniya klyuchevoy stavki [The Bank of Russia did not Rule Out a “More Significant” Increase in the Key Rate]. Banki.ru, 2024, 29 avgusta, available at: https://www.banki.ru/news/lenta/?id=11006234

5. Analitiki TsB zayavili o predposylkakh dlya umen’sheniya peregreva v ekonomike [Central Bank Analysts have Announced Preconditions for Reducing Overheating in the Economy]. Interfax, 2024, 3 sentyabrya, available at: https://www.interfax.ru/business/979396

6. Tseny, inflyatsiya. Potrebitel’skie tseny [Prices, Inflation. Consumer Prices]. Federal’naya sluzhba gosudarstvennoy statistiki, available at: https://rosstat.gov.ru/statistics/price

7. Klyuchevaya stavka i stavka refinansirovaniya [Key Rate and Refinancing Rate]. Garant, available at: https://base.garant.ru/10180094/

8. Denezhnaya massa M2 (natsional’noe opredelenie) [Money Supply M2 (National Definition)]. EMISS. Gosudarstvennaya statistika, available at: https://www.fedstat.ru/indicator/37697

DOI: 10.33917/mic-5.118.2024.78-86

The relevance of attracting investments into the country’s economy in order to achieve economic growth, ensure its stability and thereby increase the population’s income is analyzed. The dynamics of attracting investments into fixed capital in the country as a whole and for individual types of economic activity are considered. The share of investments in GDP and the level of investment efficiency are estimated. The relationship between increasing domestic and foreign investment attractiveness, increasing the volume of investments and increasing the population’s income is determined.

The methods of statistical, comparison, grouping, analysis and synthesis, and economic analysis are used in the coverage of this article. A comparative analysis of the data was carried out, on the basis of which an attempt was made to more accurately highlight the role of investments in economic growth and ensuring the well-being of the population.

References:

1. Makasheva N. Does J.M. Keynes Help Study the Russian Economy? Voprosy ekonomiki. 2010;12:131–140.

2. Massé P. Criteria and Methods for Optimal Determination of Capital Investments / Translated from French. Moscow: Statistika, 1971. 160 p.

3. McConnell K.R., Brew S.L. Economics: Principles, Problems, and Policy. In 2 volumes: Translated from English. 11th ed. Vol. 1. Moscow: Respublika, 1992. 399 p.

4. Dolan E.J., Lindsay D.E. Microeconomics. St. Petersburg, 1994. 448 p.

5. Abdukarimov B.A. Korkhona iktisodiyoti (darslik). T.: Fan, 2005. 241 p.

6. Karimov N. The mechanism of investment integration and the development of the mechanism of investment. T.: Fan and technology, 2007. 240 p.

7. Nodirkhanov U.S. Foreign investment in Uzbekistan: experience, problems, growth prospects. T.: Fan and technology, 2011. 184 p.

8. Egamberdiev F.T., Daniyarova F.B., Kholmatjonov F.M. The importance of investment in the development of the economy. Economy and Finance 2017;10:68–74.

9. Mihaela Peres, Waqar Ameer & Helian Xu. The impact of institutional quality on foreign direct investment inflows: evidence for developed and developing countries, Economic Research-Ekonomska Istraživanja. 2018;31(1):626–644.

DOI: 10.33917/es-4.196.2024.62-73

The paper reveals the content of the method of structural analysis as a basic approach in economic research, used in the study of economic changes. The purpose of the study is to demonstrate the areas of application of structural analysis and its part — macrostructural analysis, with outputs for the study of technological development and the formation of a strategy for economic policy and development. The methodology consists of empirical structural analysis, comparative method and taxonomic approach. The overall result can be considered the identified areas of application of structural analysis in the macroeconomic part of its application, the possibilities and mistakes of applying macrostructural analysis to the study of economic growth and structural transformation of the economy. Let us note that many issues of the application of macrostructural analysis in economic science have been poorly studied. Often in studies it is replaced by the general method of structural analysis, which is reduced exclusively to the assessment of “input-output”, the structure of aggregate demand and production distributed across economic sectors. In fact, structural analysis is much broader, extends to micro and mesoeconomic objects of the economy, and is suitable not only for correcting current macroeconomic policies, but also for developing strategic plans for economic development and carrying out economic changes (reforms). An interpretation of changes within the framework of the “old — new” technologies structure is given, as well as proposals for taking into account technological development as an important condition for carrying out the structural and technological modernization of Russia.

References:

1. Shumpeter Y.A. Teoriya ekonomicheskogo razvitiya. Kapitalizm, sotsializm i demokratiya [Theory of Economic Development. Capitalism, Socialism and Democracy]. Moscow, Eksmo, 2007, 864 s.

2. Nort D. Ponimanie protsessa ekonomicheskikh izmeneniy [Understanding the Process of Economic Change]. Moscow, Vysshaya shkola ekonomiki, 2010, 256 p.

3. Barr R. Politicheskaya ekonomiya [Political Economy]. V 2 t. Moscow, Mezhdunarodnye otnosheniya, 1996.

4. Sukharev O.S. Strukturnyy analiz ekonomiki [Structural Analysis of the Economy]. Moscow, Finansy i statistika, 2012, 216 p.

5. Dedov L.A., Botkin O.I. Indeksnyy makrostrukturnyy analiz ekonomicheskoy dinamiki. Osnovnye ponyatiya i priemy makrostrukturnogo analiza [Index Macrostructural Analysis of Economic Dynamics. Basic Concepts and Techniques of Macrostructural Analysis]. Ekaterinburg, Izd-vo UrO RAN, 2013, 111 p.

6. Sukharev O.S. Strukturnye issledovaniya sovremennoy rossiyskoy ekonomicheskoy shkoly: osnovnye podkhody i perspektivy [Structural Research of the Modern Russian Economic School: Main Approaches and Prospects]. Vestnik Permskogo universiteta, 2022, vol. 17, no 1, pp. 5–26.

7. Leont’ev V.V. Izbrannye stat’i [Featured Articles]. Saint Petersburg, Nevskoe vremya, 1994, 366 p.

DOI: 10.33917/mic-6.113.2023.89-94

Efficient use of energy is a prerequisite for economic development. The article identifies the relationship between economic growth and the use of renewable energy sources. The study shows that renewable energy contributes to economic growth for both developing and developed countries.

References: 

1. Armeanu D.S., Joldes C.C., Gherghina S.C., Andrei J.V. (2021). Understanding the Multidimensional Linkages Among Renewable Energy, Pollution, Economic Growth and Urbanization in Contemporary Economies: Quantitative Assessments across Different Income Countries’ Groups. Renew. Sustain. Energ. Rev. 142. doi:10.1016/j.rser.2021.110818

2. Baniya B., Giurco D., Kelly S. (2021). Green Growth in Nepal and Bangladesh: Empirical Analysis and Future Prospects. Energy Policy 149. doi:10.1016/j.enpol.2020.112049

3. Come Zebra E. I., van der Windt H. J., Nhumaio G., Faaij A.P. (2021). A Review of Hybrid Renewable Energy Systems in Mini-Grids for Off-Grid Electrification in Developing Countries. Renew. Sustain. Energ. Rev. 144. doi:10.1016/j.rser.2021.111036

4. Doytch N., Narayan S. (2021). Does Transitioning towards Renewable Energy Accelerate Economic Growth? an Analysis of Sectoral Growth for a Dynamic Panel of Countries. Energy 235. doi:10.1016/j.energy.2021.121290

5. Jenniches S. (2018). Assessing the Regional Economic Impacts of Renewable Energy Sources — A Literature Review. Renew. Sustain. Energ. Rev. 93 (October), pp. 35–51. doi:10.1016/j.rser.2018.05.008

6. Ogonowski P. (2021). Application of VMCM, to Assess of Renewable Energy Impact in European Union Countries. Proced. Comput. Sci. 192, pp. 4762–4769. doi:10.1016/j.procs.2021.09.254

7. Shrinkhal R. (2019). «Economics, Technology, and Environmental Protection», in Phytomanagement of Polluted Sites (Amsterdam: Elsevier), pp. 569–580. doi:10.1016/B978-0-12-813912-7.00022-3

DOI: https://doi.org/10.33917/es-4.184.2022.70-81

The article is devoted to the study of poverty and inequality in the economic growth of the most developed countries, with a general focus on the formation of social policy consistent with the growth policy. The purpose of the study is to conduct a macroeconomic analysis of poverty, inequality and wealth in the G7 countries, China and Russia, with the ensuing substantiation of a social development strategy for the Russian economy. The methodology is made up of empirical analysis, as well as regression modeling, which make it possible to identify in a comparative way the connectivity of the dynamics of relevant indicators of social development  — the level of national poverty and wealth, the Gini coefficient and general inequality, growth rate, human development index. The result of the study is a precisely confirmed empirical relationship between the level of poverty and inequality for the countries considered, that is, a high value of one parameter corresponds to a high value of another. Consequently, poverty reduction may imply a reduction in inequality, and not only relative, but also absolute. In addition, it was found that for developed countries, high levels of poverty and inequality mean low values of the human development index. Social policy aimed at human development requires that its instruments be harmonized, including the necessary alignment with the current macroeconomic policies to stimulate growth. The magnitude of national wealth does not guarantee high growth rates, as well as low levels of inequality and poverty. A high level of inequality can accompany economic growth, having a positive effect on the growth rate, as for the Russian economy. In this regard, the current policy needs a reasonable selection of measures to stimulate growth and, at the same time, measures to reduce inequality, which can and should not be limited only to tax changes that require special confirmation of influence, but to institutional changes that regulate the creation and appropriation of income.

Источники:

1. Aganbegyan A.G. Kak preodolet’ stagnatsiyu i novyi krizis, obespechiv sotsial’no-ekonomicheskii rost [How to Overcome Stagnation and New Crisis, Providing Socio-Economic Growth]. Ekonomicheskie strategii, 2020, vol. 22, no 5, pp. 34–45, DOI: 10.33917/es-5.171.2020.34-45; no 6, pp. 6–19, DOI: 10.33917/es-6.172.2020.6-19.

2. Adzhimoglu D., Robinson Dzh.A. Pochemu odni strany bogatye, a drugie bednye. Proiskhozhdenie vlasti, protsvetaniya i nishchety [Why Some Countries are Rich and Others are Poor. The Origin of Power, Prosperity and Poverty]. Moscow, AST, 2016, 693 p.

3. Livshits V.N. Bednost’ i neravenstvo dokhodov naseleniya v Rossii i za rubezhom [Poverty and Inequality of the Population Incomes in Russia and Abroad]. Moscow, IE RAN, 2017, 52 p.

4. Stiglits Dzh. Tsena neravenstva. Chem rassloenie obshchestva grozit nashemu budushchemu? [The Cost of Inequality. How does Social Stratification Threaten Our Future?]. Moscow, Eksmo, 2015, 512 p.

DOI: 10.33917/mic-2.103.2022.5-38

Monetary policy is the most important instrument of economic growth policy, but the influence of any instrument may weaken or strengthen over time. We will designate this state as the cumulative effect of monetary policy. The purpose of the study is to determine the cumulative effect of monetary policy, with the identification of the effectiveness of its measures in ensuring the growth of the Russian economy. The methodology of the study consists of monetary theory, structural analysis of the money supply, the principle of «goals-tools» of economic policy and correlation and regression analysis, which allow to identify the presence of the cumulative effect of monetary policy, to determine its impact on relevant macroeconomic goals: GDP growth and inflation.

The result of the study is the application of the introduced indicators of the sensitivity of macro-policy goals to monetary policy instruments, representing a picture of the weakening of the influence of monetary policy on the growth of the Russian economy. The increasing monetization was accompanied, in particular, by a decrease in the growth rate of the Russian economy, the unfolding of a recession, the consequences of which affect the dynamics of economic development, while maintaining a tight monetary policy option – with an increase in the key interest rate. The structural analysis of the money supply for the M2 aggregate made it possible to identify those components that, with an increase, slow down growth and reduce inflation, as well as to determine the closeness of the relationship of the interest rate with the changing components of the money supply. The assessment of the cumulative effect of monetary policy on two goals of macroeconomic development – growth and inflation, and two monetary policy instruments – the M2 money supply and the key interest rate, confirmed the existence of a negative cumulative effect of the policy for the growth goal and a positive cumulative effect on the inflation rate. For two purposes at once, the positive cumulative effect of monetary policy is confirmed only for the period 2016-2018 in the interval 2001-2020. Thus, monetary policy, firstly, ensured the containment of inflation out of connection with growth, and secondly, provided different cumulative effects for different purposes – due to the different sensitivity of the target to the instruments.

The prospect of the study is seen in the creation of some kind of aggregated indicator that would allow taking into account the overall impact on the dynamics of the entire set of monetary policy measures, and not separately by goals and instruments, as presented in this study.

References:

1.       Glazyev S.Yu. A leap into the future. Russia in new technological and world economic structures. Moscow: Knizhny Mir, 2018. 768 p. (In Russ.).

2.      Glazyev S.Yu. Lessons of the next Russian revolution: the collapse of a liberal utopia and a chance for an «economic miracle». Moscow: Publishing House «Ekonomicheskaya Gazeta», 2011. 576 p. (In Russ.).