Essays on Countries

Russia, one of the world’s greatest superpowers and global contributors is a leading power in the military, smarts and creativity. Folk stories run out the ears of every elder in Russia and so do local traditions of dining and religious practices. Although I am being very vague about the achievements of Russia and their contributions...

Introduction There are two conflicting views of financial liberalisation. On the one hand, financial liberalisation strengthens financial development and contributes to higher long-run growth. Alternatively, liberalisation induces excessive risk-taking, increases macroeconomic volatility and leads to more frequent crises. Throughout this paper I will discuss the relationships between financial liberalisation, economic growth, stability, and financial market...