Economists from HSE University and the Vienna University of Economics and Business have figured out why, all else equal, trading goods across borders can be more expensive than trading the same goods within state borders. They argue that one of the reasons is underdeveloped infrastructure in border regions. Their study was published in the Journal of Urban Economics.
On October 6, Dr Wang Wen, Executive Dean of Chongyang Institute for Financial Studies (RDCY) and Vice President of Silk Road School, Renmin University of China (RUC), will speak on 'China-Russia Cooperation: Opportunities and Challenges' at HSE University. In the run-up to the event, the HSE News Service talked to Dr Wang Wen about the current state of Sino-Russian economic relations.