Providing the necessary materials within a theoretical framework, this volume presents stochastic principles and processes, and related areas. Over 1000 exercises illustrate the concepts discussed, including modern approaches to sample paths and optimal stopping.
In Russia in the Context of Global Transformations (Capitalism and Communism, Culture and Revolution), the authors focus on the dramatic changes in Russia’s socio-economic system over the past hundred years. The contradictions of Russia’s triumphs and tragedies are studied in connection with the shifts in the world economic system. Basing themselves on the views of the Post-Soviet School of Critical Marxism, the authors show the causes and consequences of the main shifts in Russia’s development during the twentieth and twenty-first centuries. Topics addressed include the October Revolution, the contradictions of post-revolutionary development, the disintegration of the USSR, the collapse and stagnation during the post-USSR period and the prospects for overcoming contemporary problems.
Providing the necessary materials within a theoretical framework, this volume presents stochastic principles and processes, and related areas. Over 1000 exercises illustrate the concepts discussed, including modern approaches to sample paths and optimal stopping.
The phenomenon of shocks is often mentioned in relation to economic crises but rarely studied. This gap in research has resulted in shocks being poorly understood, with no fundamental explanation of their inciting conditions. It is a system-forming problem that cannot be investigated without dynamic ideas about the economy, but an incomplete understanding of this event leaves economic systems vulnerable to collapse. Theory of Shocks, COVID-19, and Normative Fundamentals for Policy Responses is an essential publication that explores the factors that cause economic shocks and the mechanisms of their implementation. The book serves as a resource for the development of policy-oriented frameworks for achieving and maintaining national and international strategies to properly manage future global shocks. Featuring coverage of a wide range of topics including dialectics, self-evolvement, and structural relationships, this book is ideally designed for economists, executives, managers, entrepreneurs, academicians, students, and researchers in the areas of finance, macroeconomics, economic theory, and risk assessment.
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