The purpose of the article is to assess whether Russia a market economy according set criteria. In event that loses status country with economy, statistical hypothesis was tested about significant difference in average values national rates US anti-dumping duties for and non-market economies. analyzed based on EBRD data 2021–2022, 2021 report WTO Secretariat trade policy Russian Federation. cla...

This paper examines the development of ten villages along the Mekong River in Laos during the period 1994 to 2001. These villages have been sampled two times, the first in the period 1994-1997 and the second in 2001. I look at changes in production, economic conditions, and the general well-being of the households. General trends points to a strengthening of the Laotian economy. The governments...

Using the example of smallholder oil palm production in Papua New Guinea the paper illustrates how elements of a market economy and modernity become enmeshed and partly transformed by local place-based nonmarket practices. The persistence, even efflorescence, of indigenous gift exchange in tandem with greater participation in the market economy challenges conventional notions regarding the stru...

In a market economy, entrepreneurs are businessmen who start a new business or expand an existing business by integrating production factors. In an emerging market economy, where market institutions are being established, in order to start or expand a successful business, a businessman not only has to possess the same ability as their counterpart in a market economy, he also has to overcome man...

This paper develops an endogenous growth model of a dual economy where human capital accumulation is the source of economic growth. The dualism between the rich individuals and the poor individuals exists in the mechanism of human capital accumulation. Rich individuals allocate labour time not only for their own production and knowledge accumulation but also to train the poor individuals. Stead...

This paper studies an exchange economy with indivisibilities. Our main goal is to see if a price system can function well in an economy (e.g., an economy with complementary preferences) that does not have a Walrasian equilibrium. We study the price adjustment processes governed by the Euler iterative scheme. We show that in an economy that has a Walrasian equilibrium, our price adjustment proce...