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Editor-in-Chief of Econs.online
The macroeconomic situation is the overall performance of the country’s regional economies. Experts at the Bank of Russia’s Financial Congress assessed which regions are benefiting and which are losing out as a result of the ongoing transformation and structural changes.
The rector of the New Economic School on what the features of the platform economy are, how competition leads to monopolization, what the reasons are behind the anti-platform crusade led by national regulators, and whether we should expect the world to become one big super app.
Central banks do not have tools to reduce inequality, but this does’t mean that they can do nothing to make a society more equitable. They are able to contribute to this goal by fulfilling their mandate, namely by keeping inflation low and preventing financial crises.
In Russia, returns to schooling are almost 50% lower than the global average: each additional year of schooling provides a relatively small increase in wages, which declines over time, World Bank experts have found.
The languages people speak affect their worldviews and economic behaviour. Thinking in a foreign language helps people make more rational decisions.
