Economic Opening Up and Growth in Russia

A. Investment, Financial Markets, New Economy Dynamics and Growth in Transition Countries.- Comment.- B. Growth Dynamics in Transition Economies: The Role of Financial Development.- Comment.- C. Dynamic Causal Links between the Russian Stock Exchange and Selected International Stock Markets.- Comment.- D. Russia's Trade Relations: Structural Adjustment, Geographical Patterns and Terms of Trade.- Comment.- E. The Internationalization of the Russian Gas Industry and its Export Potential.- F. Licence or Contract - What Kind of Petroleum Fiscal System is Required for Russia's Oil Industry?.- G. Obstacles to Growth and Competition: The Political Economy of Corruption and Rent-seeking in Russia.- Comment.- H. Macroeconomic Situation in Russia: Growth, Investment and Capital Flows.- Comment.- I. Problems of Russia with Financial Globalization.- Comment.- J. Russia on the Threshold of the WTO: Some Problems and Options.- K. Russia and the WTO: What is at Stake?.- L. The Role of Russian Regions in Economic Modernization and Opening up: Evidence from St. Petersburg and other Regions.- Comment.- List of Figures.- List of Tables.- List of Contributors.

Paul J. J. Welfens, geb. 1957 in Düren, Studium der Volkswirtschaftslehre in Wuppertal, Duisburg und Paris, Promotion 1985, Habilitation1989. Inhaber des Lehrstuhls für Volkswirtschaftslehre - Schwerpunkt Makroökonomische Theorie und Politik an der Bergischen Universität Wuppertal; Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW); Jean-Monnet-Professor für Europäische Wirtschaftsintegration; zuvor Distinguished Research Fellow am AICGS/The Johns Hopkins University, Professor an der Universität Münster bzw. Potsdam, Visiting Alfred Grosser Professor Sciences Po, Paris.