Oscar Mukhametov

National Research University Higher School of Economics | HSE · Faculty of World Economy and International Affairs

In response to the Global Financial Crisis of 2008–2009, international financial regulators tightened the regime of banking supervision in order to minimize systemic risks, strengthen banking sector resilience and ensure financial stability. Given the increased level of credit risks and the issue of liquidity in the banking sector, as well as the r...

One of the global macroeconomic trends of recent years is the increase of public debt by many developed and developing countries. The global cycle of interest rate hikes that began in 2021 poses risks to debt sustainability, especially in developing countries. These trends predetermine the growing relevance of research in the field of public debt s...

Systemic risks in the framework of central banks’ unconventional monetary policy (UMP) have so far received little attention in the modern economic literature. Based on evidence from the UMP of the European Central Bank (ECB), we contribute to this research area by differentiating systemic risks between materialized systemic risks (financial stress...

Aim. The presented study aims to identify key factors affecting the macroeconomic situation in the EAEU countries and Tajikistan (hereinafter referred to as the region) in the context of the COVID-19 pandemic. Tasks. This study summarizes trends in the development of the neighborhood belt countries in recent years; investigates changes in the real,...

The principal objective of this paper is to scrutinize the relationship between central bank independence and foreign direct investment (FDI) inflows. The relevance of this goal is based on the results of recent studies, which indicate that the inflow of direct investment into the economy depends not only on its indicators of economic development,...

After the announcement of the COVID-19 pandemic the volatility in financial markets has increased significantly, which has caused the intensification of the systemic financial stress in the EU countries. European central bank (ECB) has taken several measures, including expanding asset purchase programs to mitigate the negative effects of the corona...

This paper is devoted to the analysis of concentration of two regional radio markets, in Moscow and St. Petersburg. For this purpose, the author uses an alternative approach that presumes the calculation of the market share using mediametric indicators. This approach replaces media companies’ financial indicators, which are predominantly inaccessib...