Focus and Scope

Russian Journal of Economics is a quarterly journal that publishes high-quality research articles on all fields of economics related to policy issues. Prominent on the RuJE agenda is original research on the Russian economy, economic policy and institutional reform with broader international context and sound theoretical background. This focus is not exclusive and the Journal welcomes submissions in all areas of applied and theoretical economics, especially those with policy implications. Journal’s audience includes professional economists working in academia, government and the private sector. All submissions undergo rigorous double-blind peer review.

Editorial Policies

Open Access Policy

This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. All articles published open access are free for everyone to read, download, copy, and distribute. Permitted third party reuse is defined by the Creative Commons Attribution-NonCommercial-NoDerivs (CC BY-NC-ND) (see Copyright Notice). 
The authors do not have any publication charges for open access. All articles are free of charge thanks to the founders:

Copyright Notice

License and Copyright Agreement

In submitting the manuscript to the journal, authors certify that: 

  • They are authorized by their co-authors to enter into these arrangements. 
  • The work described has not been published before (except in the form of an abstract or as part of a published lecture, review or thesis); it is not under consideration for publication elsewhere; its publication has been approved by all author(s) and responsible authorities — tacitly or explicitly — of the institutes where the work has been carried out. 
  • They secure the right to reproduce any material that has already been published or copyrighted elsewhere. 
  • They agree to the following license and copyright agreement:


  • Copyright on any article is retained by the author(s).
  • Authors grant NP "Voprosy Ekonomiki" the exclusive license to publish and distribute the article (including any derivative products), and to sublicense such rights, including for commercial purposes, and exploit all subsidiary rights.
  • The article and any associated published materials are distributed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 (CC BY-NC-ND 4.0):

Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 (CC BY-NC-ND 4.0)

Anyone is free

to Share — to copy and redistribute the verbatim copy of the material.

Under the following conditions:

  • Attribution. You must give credit to the original author(s), provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.  
  • NonCommercial. You may not use the material for commercial purposes.
  • NoDerivativesIf you remix, transform, or build upon the material, you may not distribute the modified material.

The full legal code of this license.

Copyright Transfers

Any usage rights are regulated through the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 (CC BY-NC-ND 4.0). For non-commercial purposes anyone is free to copy and distribute the article as long as the original author is credited and provided that the article is not altered or modified (see above). Permission of NP "Voprosy Ekonomiki" is required for commercial use and for all derivative works, including compilations and translations (please consult rujec@rujec.org).

Privacy Statement

The personal information used on this website is to be used exclusively for the stated purposes of this journal. It will not be made available for any other purpose or to any other party.

Authors Guidelines

Article Structure

Where possible, the following standard headings should be used: Introduction, Material and methods, Theory/Calculation, Results, Discussion, Conclusions, Acknowledgements, References, Appendices.

  • Introduction − State the objectives of the work and provide an adequate background, avoiding a detailed literature survey or a summary of the results.
  • Material and methods − Provide sufficient detail to allow the work to be reproduced. Methods already published should be indicated by a reference: only relevant modifications should be described.
  • Theory/Calculation − A Theory section should extend, not repeat, the background to the article already dealt with in the Introduction and lay the foundation for further work. In contrast, a Calculation section represents a practical development from a theoretical basis.
  • Results − Results should be clear and concise.
  • Discussion − This should explore the significance of the results of the work, not repeat them. A combined Results and Discussion section is often appropriate. Avoid extensive citations and discussion of published literature.
  • Conclusions −This should state clearly the main conclusions of the research and give a clear explanation of their importance and relevance.
  • Acknowledgments − Collate acknowledgments in a separate section at the end of the article before the references and do not, therefore, include them on the title page, as a footnote to the title or otherwise. List here those individuals who provided help during the research (e.g., providing language help, writing assistance or proof reading the article, etc.).
  • References − The list of References should be included after the final section of the main article body. Authors are requested to include links to online sources of articles, whenever possible. See also the section on Citations and References.
  • Appendices − If there is more than one appendix, they should be identified as A, B, etc. Formulae and equations in appendices should be given separate numbering: Eq. (A.1), Eq. (A.2), etc.; in a subsequent appendix, Eq. (B.1) and so on. Similarly for tables and figures: Table A.1; Fig. A.1, etc.

Divide your article into clearly defined and numbered sections (1, 2, ...). Subsections should be numbered 1.1 (then 1.1.1, 1.1.2, ...), 1.2, etc. (the abstract, acknowledgments, references, and appendices is not included in section numbering).

Main Text

Title: The title should be in a sentence case (only scientific, geographic or person names should be with a first capital letter, i.e. Nobel Prize, Stockholm, etc.), and should include an accurate, clear and concise description of the reported work, avoiding abbreviations.

Authors and Affiliations: Provide the complete names of all authors. Where the family name may be ambiguous (e.g., a double name), please indicate this clearly. Present the authors’ institutional affiliation (e.g. university, institute), city, state/province (if applicable), and country below the names. Indicate all affiliations with a lower-case superscript letter immediately after the author’s name and in front of the appropriate address. Clearly indicate who will handle correspondence at all stages of refereeing and publication, also post-publication. It is the corresponding author's responsibility to ensure that the author list, and the individual contributions to the study are accurate and complete. Contact details must be kept up to date by the corresponding author.

Abstract: A concise and factual abstract is required. The abstract should state briefly the purpose of the research, the principal results and major conclusions. An abstract is often presented separately from the article, so it must be able to stand alone. For this reason, References should be avoided, but if essential, then cite the author(s) and year(s). Also, non-standard or uncommon abbreviations should be avoided, but if essential they must be defined at their first mention in the abstract itself.

Keywords and JEL classification: Authors are invited to submit keywords and JEL classification codes associated with their paper.

Body Text: The text should be in single-column format. Keep the layout of the text as simple as possible. Most formatting codes will be removed and replaced on processing the article. In particular, do not use the word processor’s options to hyphenate words. Single-space all material (text, quotations, figure legends, tables, references, etc.). Use a 12-point font (preferably Times New Roman). Do use italics for emphasis. Underlining of any text is not acceptable. Short quotations should be embedded in the text and enclosed in double quotation marks ("). Long quotations should be on a separate line. Single quotation marks are to be used only for a quotation that occurs within another quotation. To avoid unnecessary errors you are strongly advised to use the "spell-check" and "grammar-check" functions of your word processor.

Footnotes: Footnotes should be used sparingly. Number them consecutively throughout the article, using superscript Arabic numbers. Place footnotes to tables below the table body and indicate them with superscript lowercase letters. Do not include footnotes in the Reference list. Table footnotes: Place footnotes to tables below the table body and indicate them with superscript lowercase letters.

Math formulae: Present simple formulae in the line of normal text where possible and use the solidus (/) instead of a horizontal line for small fractional terms, e.g., X/Y. Symbols for variables and constants, but not for mathematical abbreviations (log, ln, etc.) should be italicized in the text, equations and illustrations. Number consecutively any equations that have to be displayed separately from the text (if referred to explicitly in the text).

Tables: Each table should be numbered in sequence using Arabic numerals (i.e. Table 1, 2, 3 etc.). Tables should also have a title that summarizes the whole table, maximum 10 words. Detailed legends may then follow, but should be concise. Tables should be embedded within the text, in portrait format (note that tables on a landscape page must be reformatted onto a portrait page or submitted as additional files). These will be typeset and displayed in the final published form of the article. Such tables should be formatted using the 'Table object' in a word processing program to ensure that columns of data are kept aligned when the file is sent electronically for review. Do not use tabs to format tables or separate text. All columns and rows should be visible, please make sure that borders of each cell display as black lines. Color and shading should not be used; neither should commas be used to indicate decimal values. Please use a full stop to denote decimal values (i.e., 0.007 cm, 0.7 mm).

Citations and References

Citations within the text: Before submitting the manuscript, please check each citation in the text against the References and vice-versa to ensure that they match exactly. Any references cited in the abstract must be given in full. Unpublished results and personal communications are not recommended in the reference list, but may be mentioned in the text. If these references are included in the reference list they should follow the standard reference style of the journal and should include "Unpublished manuscript". Citation of a reference as "in press" implies that the item has been accepted for publication.

Citations in the text should be formatted as follows:

  • Single author: the author’s name (without initials) and the year of publication (separated by comma).
  • Two authors: both authors’ names (separated by "and") and the year of publication.
  • Three or more authors: first author’s name followed by "et al." and the year of publication.

Citations may be made directly (or parenthetically). Groups of references should be listed first alphabetically, then chronologically. Examples: "as demonstrated (Gurvich, 2006a, 2006b, 2011; Korhonen and Ledyaeva, 2010). Kramer et al. (2000) have recently shown ...."

References: It is important to format the references properly because all references will be linked electronically as completely as possible to the papers cited. References should be arranged first alphabetically and then further sorted chronologically if necessary. More than one reference from the same author(s) in the same year must be identified by the letters "a", "b", "c", etc., placed after the year of publication. It is desirable to add a DOI (digital object identifier) number for either the full-text or title and abstract of the article as an addition to traditional volume and page numbers. If a DOI is lacking, it is recommended to add a link to any online source of an article.

References should follow the referencing style used by the American Psychological Association (APA). Details can be found here. Examples:

Reference to a journal publication:
Beck, T., & Laeven, L. (2006). Institution building and growth in transition economies. Journal of Economic Growth, 11 (2), 157–186.

Reference to a book:
Friedman, M. (1956). A theory of the consumption function. Princeton, NJ: Princeton University Press.

Reference to a chapter in an edited book: 

Giannoni, M., & Woodford, M. (2004). Optimal inflation-targeting rules. In B. Bernanke, & M. Woodford (Eds), The inflation-targeting debate (pp. 93–172). Chicago: University of Chicago Press.

Figures and Illustrations

General points:

Submit source files of figures as a separate file(s) in addition to the text of the manuscript.

  • Do not submit graphics that are disproportionately large for the content.
  • Use a logical naming convention for your files.
  • Aim to make graphics in black and white.
  • Only use the following fonts in your illustrations: Times New Roman, Symbol.
  • Number the figures according to their sequence in the text.
  • All figures should be referenced consecutively in the manuscript.
  • Provide captions to figures separately.

Acceptable file formats: Aim to use MS Office Excel for your figures creation and please supply "as is" in the native document format (XLS or XLSX). If your figures are created in other MS Office application (Word, PowerPoint) then please supply "as is". If your figures are created in other than MS Office application, when your electronic artwork is finalized, please "save as" or convert the images to following image file formats: EPS, WMF, EMF, PDF — vector drawings, embed all used fonts.

Not acceptable file formats:

  • Files that are optimized for screen use (like GIF, BMP, PICT, WPG);
  • Bitmapped line drawings or color (grayscale) photographs (e.g., TIFF or JPEG).

Figure captions: Ensure that each illustration has a caption. Supply captions separately, not attached to the figure. A caption should comprise a brief title (not on the figure itself) and a description of the illustration. Keep text in the illustrations themselves to a minimum but explain all symbols and abbreviations used.

Please note that it is the responsibility of the author(s) to obtain permission from the copyright holder to reproduce figures or tables that have previously been published elsewhere.

Supplementary Files

Online publishing allows an author to provide datasets, tables, video files, or other information as supplementary information, greatly increasing the impact of the submission. Uploading of such files is possible in Step 6 of the submission process.

The maximum file size for each Supplementary File is 20 MB.

The Supplementary Files will not be displayed in the printed version of the article but will exist as linkable supplementary downloadable files in the online version.

While submitting a supplementary file the following information should be completed:

  • File format (including name and a URL of an appropriate viewer if format is unusual)

  • Title of data

  • Description of data

All supplementary files should be referenced explicitly by file name within the body of the article, e.g. 'See supplementary file 1: Table 1" for the original data used to perform this analysis.

Ideally, the supplementary files should not be platform-specific, and should be viewable using free or widely available tools. Suitable file formats are:

For supplementary documentation:

  • PDF (Adobe Acrobat)

For animations:

  • SWF (Shockwave Flash)

For movies:

  • MOV (QuickTime)

  • MPG (MPEG)

For datasets:

  • XLS (Excel spreadsheet)

  • CSV (Comma separated values)

  • ODS (OpenOffice spreadsheets)

As for images, file names should be given in the standard file extensions. This is especially important for Macintosh users, since the Mac OS does not enforce the use of standard file extensions. Please also make sure that each additional file is a single table, figure or movie (please do not upload linked worksheets or PDF files larger than one sheet).

Revising your article

Authors must submit the revised version of the manuscript using Track Changes/Comments tools of Word so that the Subject Editor can see the corrections and additions.

Authors must address all critiques of the referees in a response letter to the editor and submit it along with the revised manuscript through the online editorial system. In case a response letter is not submitted by the authors, the editor has the right to reject the manuscript without further evaluation.

When submitting corrections to proofs (during the layout stage), authors must upload the latest proof (in PDF format) containing their revisions as track changes.

Submission Guidelines

Submission Procedure

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Registration and login are required to submit items online and to check the status of current submissions.

Submission of manuscripts to this journal is possible only through the online submission module. We kindly request authors to consult the Focus and Scope section prior to submission. In order to submit a manuscript to the journal, authors are required to register with the journal and/or to login. Once logged in, you will find the online submission system either by clicking the "Submit a manuscript" button.

The manuscript submission process is separated into the following steps:

  • Step 1: Specifying the manuscript type and completing the submission checklist

  • Step 2: Typing in the author(s) names and affiliation, title, abstract, keywords, and other metadata

  • Step 3: Assigning classifications categories for your manuscript using hierarchical classification trees

  • Step 4: Completing the submission metadata by adding details about any supporting agencies, conflict of interest, comments to the editors

  • Step 5: Uploading the submission pdf file and the additional files (see below for details on how to prepare it)

  • Step 6: Uploading supplementary files (see below for details) and associated metadata

  • Step 7: Suggesting reviewers, final verification of the submitted files and confirmation

Organizing Your Submission

Before starting your submission please make sure that your manuscript is formatted in accordance with the Authors Guidelines.

Please note that the maximum file size that may be uploaded through our online submission system is 20 MB.

Manuscripts submitted to this journal must be divided into separate files (no larger than 20 MB each) to allow their processing by our software. Before attempting an online submission, please consider preparing the following file types:

1. Submission file

Review the version of the manuscript in PDF format with all figures embedded. Since all manuscripts undergo double-blind per review, PDF should not contain indications of authorship (author's name(s), affiliation, organizations associated with the manuscript, including acknowledgments). The total file size must be no larger than 20 MB.

2. Additional files

Original text file and high-resolution figures must be submitted during the same submission process as the additional files (Step 6) in one of the accepted file formats (see below). These may be compressed in order to reduce bandwidth during upload:

  • Text of the manuscript (DOC, DOCX, RTF) with tables, figures and formula embedded in the text.

  • Source files of figures (in one of the following file formats: XLS, XLSX, EPS, WMF, EMF, PDF, not larger than 20 MB each)

3. Supplementary files (appendices)

Large datasets or multimedia files, usually published as appendices in conventional print journals, should be uploaded as supplementary files complete with the associated metadata on the online submission form. Supplementary files should have their own legends. Most file formats are accepted. Text-only appendices must be in DOC, DOCX, or RTF formats.

We encourage authors to send an inquiry to the Editorial Office prior to submitting a manuscript. The purpose of the presubmission inquiry is to solicit rapid initial feedback on the suitability of the manuscript for publication in this journal. Pre-submission inquiries may be sent to the Editorial Office at rujec@rujec.org.

How to Access a Manuscript

Manuscripts can be accessed only after login:

  1. Login is possible after registration. Our Editorial Office will register all first-time editors and reviewers. New users receive an automated notification with a request for account confirmation and an option for setting their password prior to the first invitation to review a paper. 

    Note-1: All users use their registration details to login in all three (Book, E-Book and the respective Journal) platforms of www.pensoft.net.

     Note-2: Please remember that you may have registered with two or more different email addresses, that is why you may have more than one valid account at www.pensoft.net. We advise using only one email address, hence one password associated with it, for all yours operations at www.pensoft.net. The user may at any time change the initially set password and correct personal details using their Pensoft account menu (clicking on his/her name in the upper right corner of the screen).
  2. In case you have forgotten your password, please write to request it from journals@pensoft.net. Alternatively, you may use the function: Forgot your password?

There are two ways to access a manuscript:

  1. After login, please go to the respective journal’s web page and click on My Tasks button in the upper right corner of the screen. This way, you will be able to see all manuscripts you are responsible for as author or reviewer or editor.

    Note: The manuscripts are grouped in several categories, e.g., In Review (no.), In layout (no.), Published (no.), and Archived (no.) etc. The number in brackets after each category shows the number of manuscripts that were assigned to you.

  2. Click on the active manuscript link provided in the email notification you have received from the online editorial system. The link will lead you directly to the respective manuscript.

Guidelines for Reviewers

This journal uses double-blind peer review, which means that both the reviewer and author identities are concealed from the reviewers, and vice versa, throughout the review process.

How to Access a Manuscript

Manuscripts can be accessed only after login:

  1. Login is possible after registration. Our Editorial Office will register all first-time editors and reviewers. New users receive an automated notification with a request for account confirmation and an option for setting their password prior to the first invitation to review a paper. 

    Note-1: All users use their registration details to login in all three (Book, E-Book and the respective Journal) platforms of www.pensoft.net.

     Note-2: Please remember that you may have registered with two or more different email addresses, that is why you may have more than one valid account at www.pensoft.net. We advise using only one email address, hence one password associated with it, for all yours operations at www.pensoft.net. The user may at any time change the initially set password and correct personal details using their Pensoft account menu (clicking on his/her name in the upper right corner of the screen).
  2. In case you have forgotten your password, please write to request it from journals@pensoft.net. Alternatively, you may use the function: 
    Forgot your password?

There are two ways to access a manuscript:

  1. After login, click on My Tasks button in the upper right corner of the screen. This way, you will be able to see all manuscripts you are responsible for as author or reviewer.

    Note: The manuscripts are grouped in several categories, e.g., In Review (no.), In layout (no.), Published (no.), and Archived (no.) etc. The number in brackets after each category shows the number of manuscripts that were assigned to you.

  2. Click on the active manuscript link provided in the email notification you have received from the online editorial system. The link will lead you direct to the respective manuscript.

General Responsibilities of Reviewers

The peer review and editorial process is facilitated through an online editorial system and a set of email notifications. The online editorial system sends the Reviewer a review request, initiated by the Subject Editor or the Editorial Office. The online system will also inform about delays in the reviewing and will confirm a successful review submission. The email notifications contain stepwise instructions about the actions needed at each stage along with the link to the respective manuscript (accessible only after login – see section How to Access a Manuscript).

The Reviewers are not expected to provide a thorough linguistic editing or copyediting of a manuscript, but rather focus on its scientific quality and overall style, which should correspond to the good practices in clear and concise academic writing. If Reviewers recognize that a manuscript requires linguistic edits, we shall be grateful for them to inform both the author and the editor about this in the report. It is the author’s responsibility to submit the manuscript in linguistically and grammatically correct English.

It often happens that even carefully written manuscripts may contain small errors in orthography or stylistics. We shall be thankful if Reviewers spot such errors during the reading process and correct them.

The manuscripts will generally be reviewed by two or three experts with the aim of reaching a first decision as soon as possible. Reviewers do not need to sign their reports, but are welcome to do so. They are also asked to declare any conflicts of interests.

Reviewers are asked whether the manuscript is scientifically sound and coherent, how interesting it is and whether the quality of the writing is acceptable. Where possible, the final decision is made on the basis of the peer reviews. In cases of strong disagreement between the reports or between the authors and peer reviewers, the editor can assess these according to his/her expertise or seek advice from a member of the journal's Editorial Board.

The ultimate responsibility for editorial decisions lies with the respective Subject Editor and, in some cases, with the Editor-in-Chief. 

Reviewers are also asked to indicate which articles they consider to be especially interesting or significant. These articles may be given greater prominence and greater external publicity, including press releases addressed to science journalists and mass media.

During a second review round, reviewers may be asked to evaluate the revised version against their recommendations submitted during the first review round.

Reviewers are kindly asked to be polite and constructive in their reports. Reports that may be insulting or uninformative will be rescinded.

Reviewers are asked to start their report with a very brief summary of the reviewed paper. This will help the editor and the authors see whether the reviewer correctly understood the paper or whether a report might be based on misunderstanding.

Furthermore, reviewers are also asked to comment on originality, structure and previous research:

Originality: Is the paper sufficiently novel and does it contribute to a better understanding of the topic under scrutiny? Is the work rather confirmatory and repetitive?

Structure: Is the introduction clear and concise? Does it place the work into the context that is necessary for a reader to comprehend aims, hypotheses tested, experimental design or methods? Are Material and Methods clearly described and sufficiently explained? Are reasons given when choosing one method over another one from a set of comparable methods? Are the results clearly, but concisely described? Do they relate to the topic outlined in the introduction? Do they follow a logical sequence? Does the discussion place the paper in scientific context and go a step beyond the current scientific knowledge on the basis of the results? Are competing hypotheses or theories reasonably related to each other and properly discussed? Do the conclusions seem reasonable?

Previous research: Is previous research adequately incorporated into the paper? Are references complete, necessary and accurate? Is there any sign that substantial parts of the paper are copies of other works?

Stepwise Description of the Peer Review Process

  1. The Reviewer receives a review request generated by the Subject Editor or the Editorial Office and is expected to either agree to provide a review or decline, through pressing the Will do the review or Unable to do the review link in the online editorial system. In case the Reviewer agrees to review the manuscript, he/she should submit the review within a certain time frame.
    Note: The link to the respective manuscript is available in the review request email and all consequent reminder emails. The manuscript is accessible after login. Please look at the section How to Access a Manuscript above in case you meet any difficulties.

  2. The review should be submitted through the Proceed button. The review may consists of (1) a simple online questionnaire to be answered by ticking either Yes, No, or N/A; (2) comments addressed to the Author and the Editor; (3) associated files (corrected/commented manuscript file, review submitted in a separate text file, etc.).
    Note 1: Reviewers can insert corrections and comments in the manuscript review version (PDF) and/or in the manuscript text file (Microsoft WORD). When working in the PDF, please use either the Text Edits or the Sticky Notes tools (available through the menu Tools -> Comments & Markup of the Acrobat Reader). When editing in Microsoft WORD please use the Track Changes / Comments tools.
    Note 2: Associated files should be submitted at the end of the review process by clicking on the Browse button, then selecting the respective file on your computer, and then by pressing the Upload button. A reviewer may upload as many files to support his/her review as needed.

  3. The Reviewer should stay anonymous. Please be aware that your identity might be revealed in the comments or in Track Changes corrections of the Microsoft WORD or PDF file you correct. Therefore, please make sure that you delete your name and initials in the options section of your word processor or PDF writer if you want to remain anonymous.

  4. The review process is completed by selecting a recommendation from the set of 5 options: (1) Reject; (2) Reject, but resubmission encouraged; (3) Major Revision; (4) Minor Revision; (5) Accept. The system will ask for one more confirmation of the selected recommendation before submission. The submitted review cannot be changed after submission.
    Note 1: Reasons for rejection can be a low scientific quality, non-conformance to the journal’s style/policies, and/or grammatically poor English language.
    Note 2: It is also possible for review and associated files (e.g., a corrected manuscript file) to be sent as attached files to the email of the Editorial Office (see the comments on privacy above).

  5. Once a Reviewer submits a review of a manuscript, he/she receives a confirmation email from the journal.

  6. When all Reviewers have submitted their reviews, the Subject Editor makes a decision to either accept, reject or request further minor/major revision.

  7. In all cases, the manuscript is sent back to the author for comments and further revision. The author needs to submit a revised version in due time.

  8. Reviewers are notified via email when the revised version of a manuscript they have reviewed is submitted by the author. They receive a link to the revised version along with the editorial decision and all reviews of the manuscript. Reviewers are also provided with a feedback form should they have any comments on the revised version. 

  9. When an article is published, all Reviewers who have provided a review for this manuscript receive an email notification. In the email, there is a link to download the published paper.

  10. The Reviewer may always access information on the manuscripts that are being / have been reviewed by him/her through the menu My Tasks –> Reviewer on the journal’s web page – In Review (no.), In Edit (no.), Published (no.), and Archived (no.). The number in brackets after each category shows the number of manuscripts that have been assigned to you.

Writing a Press Release

Our partners from Pensoft’s experienced PR team puts a lot of effort in the wide dissemination of the works they publish through press releases, news aggregators, blogs, social network communication and the mass media.

It goes without saying that press releases and news stories can have a major effect on the impact and popularity of research findings. Moreover, they are of benefit to all parties involved: the authors, their institutions, funding agencies, publishers and the society in general. Thanks to a well-established dissemination network, Pensoft press releases regularly provide the basis for print, online, radio and TV news stories in reputed international media outlets, including National Geographic, BBC, Sky News, CNN, New York Times, The Guardian, Deutsche Welle, Der Standard, DR, etc.

Pensoft’s PR team invites you to prepare (or request) a short press release on your accepted paper whenever you find your research of public interest. They have provided a template and instructions to guide you through the specific text format.

While the press release needs to be in English, in case you find it suitable for the promotion of your study, you are welcome to also submit a translation of the press release in the following languages: French, German, Spanish, Portuguese, Japanese and Chinese. Please note that all translations need to be based on the final English version of the press release as approved by our press officers.

We are always happy to promote your research by preparing a press release for you and coordinating our dedicated PR campaigns with the PR offices of our partnering institutions. You are welcome to approach Pensoft with your press release drafts or any queries regarding PR campaign via email at either pressoffice@pensoft.net, or dissemination@pensoft.net.

For the Tailored PR Campaign’s rates, please see Additional Services:

Optional service



Tailored PR campaign

€ 150*

Press release, dedicated media and social networks promotion

Tailored PR campaign + Video interview

€ 450

Video interview organized by the Editorial Office

*This service can be discounted or waived for articles of outstanding importance for the science and society

Publication Ethics and Malpractice Statement


The publishing ethics and malpractice policies of Russian Journal of Economics follow the relevant COPE guidelines (http://publicationethics.org/resources/guidelines) and in case a malpractice is suspected, journal editors will act in accordance with them.

Responsibility of Editors

  • Publication decision. The editor of a scientific journal should be solely and independently responsible for publication decisions, relying on his or her cooperation with the editorial board, the international expert board, and the journal’s editorial office. Editors’ decisions to accept or reject a paper for publication should be based on the paper’s scientific depth and significance. Editors may be guided by the policy of the journal’s editorial board, while being limited by relevant legal requirements with respect to libel, copyright, legality, and plagiarism.

  • Impartiality. Editors should evaluate the intellectual content of manuscripts regardless of an author’s race, gender, sexual orientation, religious beliefs, origin, nationality, or political preferences.

  • Confidentiality. Editors and the editorial board should not disclose information about submitted manuscripts to third parties, except for authors, reviewers, and other consultants, unless necessary.

  • Conflicts of interest and resolution policy

  1. Unpublished data, obtained from manuscripts submitted for review, should not be used in an editor’s own research without written consent of the author. Information or ideas obtained in the course of reviewing, and associated with priority advantages, should be kept confidential and may not be used for personal benefit.

  2. Editors should not consider manuscripts in the event there is a conflict of interest resulting from competitive, collaborative, or other interactions and relationships with authors, companies, and other organizations associated with the manuscript.

  • Publication supervision. An editor presenting convincing proof that the assertions and conclusions contained in the publication, are flawed, should notify the publisher accordingly, for the purpose of prompt notification regarding edits, retractions, concerns, and other actions relevant to that particular situation.

  • Actions for ethics complaints. An editor should collaborate with the publisher to take adequately responsive measures in the event of ethics complaints regarding reviewed manuscripts or published materials. Such measures generally include collaboration with the manuscript authors and supporting the respective complaint or demand with arguments, and may also require collaboration with relevant organizations and research centers.

Responsibility of Reviewers

  • Influence on decisions of the editorial board. Reviewing assists the editor in making adequate decisions regarding publication and, through relevant collaboration with the authors, can also help the author improve the quality of his or her work. Reviewing is an essential link in formal scientific communications, which lies at the heart of the scientific approach. The editorial office shares the view that all scientists wishing to publish their works should participate in peer reviews of submitted manuscripts.

  • Diligence. Any appointed reviewer who realizes the inadequacy of his or her qualifications to review the manuscript, or lacks the time to complete the job on time, should notify the editor and request to be excluded from reviewing the respective manuscript.

  • Confidentiality. Any manuscript submitted for review should be treated as a confidential document. It should not be discussed with any person who has not been duly authorized by the editor.

  • Requirements for manuscripts and impartiality. Reviewers should evaluate texts in an unbiased manner. Personal criticism of the author is inadmissible. Reviewers should express their opinions clearly and reasonably.

  • Acknowledgement of original sources. Reviewers should identify significant published papers that are relevant to the subject area but are not included in the reference list of the manuscript. Any assertion (observation, conclusion, or argument) previously published should be referenced in the manuscript accordingly. Reviewers should also draw editor’s attention to any identified material similarities and coincidences between the manuscript under review and any other published paper falling within the scientific expertise of the reviewer.

  • Disclosure policy and conflicts of interest

  1. Unpublished data, obtained from manuscripts submitted for review, may not be used in one’s own research without written consent from the author. Information or ideas obtained in the course of reviewing, and associated with possible advantages, should be kept confidential and may not be used for personal benefit.

  2. Reviewers should not participate in reviewing a manuscript in the event of a conflict of interest resulting from competitive, collaborative, and other interactions or relationships with any of the authors, companies, or other organizations associated with the submitted paper.

Responsibility of Authors

  • Authors are required to agree that their paper will be published in open access under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 (CC BY-NC-ND 4.0) license.

  • Authors must certify that their manuscripts are their original work. 

  • Authors must certify that the manuscript has not previously been published elsewhere. 

  • Authors must certify that the manuscript is not currently being considered for publication elsewhere. 

  • Authors should submit the manuscript in linguistically and grammatically correct English and formatted in accordance with the journal’s Author Guidelines.

  • Authors must participate in the peer review process. 

  • Authors are obliged to provide retractions or corrections of mistakes. 

  • All Authors mentioned are expected to have significantly contributed to the research. 

  • Authors must notify the Editors of any conflicts of interest. 

  • Authors must identify all sources used in the creation of their manuscript. 

  • Authors must report any errors they discover in their published paper to the Editors.

  • Authors should acknowledge all significant funders of the research pertaining to their article and list all relevant competing interests.   

  • Other sources of support for publications should also be clearly identified in the manuscript, usually in an acknowledgement (e.g. funding for the article processing charge; language editing or editorial assistance).

  • The Corresponding author should provide the declaration of any conflicts of interest on behalf of all Authors. Conflicts of interest may be associated with employment, sources of funding, personal financial interests, membership of relevant organisations or others.

Responsibility  of the Publisher

  • The publisher should adhere to principles and procedures which encourage the observance of ethical obligations by editors, reviewers and authors in accordance with these requirements. The publisher should make sure that potential profit from publishing advertisements or making reprints does not affect the editors’ decisions. 
  • The publisher should support the journal’s editors in their handling of complaints regarding the ethical aspects of published materials, and assist them in collaborating with other journals and/or publishers, if this enables the editors to fulfill their obligations. 
  • The publisher should facilitate due diligence and introduce trade standards in order to improve ethical recommendations, retraction, and error-correction procedures.


Research misconduct may include: (a) manipulating research materials, equipment or processes; (b) changing or omitting data or results such that the research is not accurately represented in the article.
A special case of misconduct is plagiarism, which is the appropriation of another person's ideas, processes, results or words without giving appropriate credit.
Research misconduct does not include honest error or differences of opinion.
If misconduct is suspected, journal Editors will act in accordance with the relevant COPE guidelines: http://publicationethics.org/resources/guidelines
Should a comment on potential misconduct be submitted by the Reviewers or Editors, an explanation will be sought from the Authors. If it is satisfactory and the issue is the result of a either mistake or misunderstanding, the matter can be easily resolved. If not, the manuscript will be rejected and the the Editors will impose a ban on that individual's publication in the journals for a period of three years.
In cases of published plagiarism or dual publication, an announcement will be made in both journals explaining the situation.

Terms of Use

This document describes the Terms of Use of the services provided by the Russian Journal of Economics journal, hereinafter referred to as "the Journal" or "this Journal". All Users agree to these Terms of Use when signing up to this Journal. Signed Journal Users will be hereinafter referred to as "User" or "Users".

The publication services to the Journal are provided by Pensoft Publishers Ltd., through its publishing platform ARPHA, hereinafter referred to as "the Provider".

The Provider reserves the right to update the Terms of Use occasionally. Users will be notified via posting on the site and/or by email. If using the services of the Journal after such notice, the User will be deemed to have accepted the proposed modifications. If the User disagrees with the modifications, he/she should stop using the Journal services. Users are advised to periodically check the Terms of Use for updates or revisions. Violation of any of the terms will result in the termination of the User's account. The Provider is not responsible for any content posted by the User in the Journal.

Account Terms

  1. For registration in this Journal or any of the services or tools hosted on it, Users must provide their full legal name, a valid email address, postal address, affiliation (if any),  and any other information requested.
  2. Accounts created via this journal automatically sign in the User to the ARPHA Platform.
  3. Users are responsible for maintaining the security of their account and password. The Journal cannot and will not be liable for any loss or damage from failure to comply with this security obligation.
  4. Users are solely responsible for the content posted via the Journal services (including, but not limited to data, text, files, information, usernames, images, graphics, photos, profiles, audio and video clips, sounds, applications, links and other content) and all activities that occur under their account.
  5. Users may not use the service for any illegal or unauthorised purpose. Users must not, in the use of the service, violate any laws within their jurisdiction (including but not limited to copyright or trademark laws).
  6. Users can change or pseudonomyse their personal data, or deactivate their accounts at any time through the functionality available in the User’s personal profile. Deactivation or pseudonomysation will not affect the appearance of personal data in association with an already published work of which the User is author, co-author, editor, or reviewer.
  7. Users can report to the Journal uses of their personal data, that they might consider not corresponding to the current Terms of Use.
  8. The User’s personal data is processed by the Journal on the legal basis corresponding to Article 6, paragraph 1, letters a, b, c and f. of the General Data Protection Regulation (hereinafter referred to as GDPR) and will be used for the purpose of Journal’s services in accordance with the present Terms and Use, as well as in those cases expressly stated by the legislation.
  9. User’s consent to use the information the Journal has collected about the User corresponds to Article 6(1)(a) of the GDPR.
  10. The ‘legitimate interest’ of the Journal to engage with the User and enable him/her to participate in Journal’s activities and use Journal’s services correspond to Article 6(1)(f) of the GDPR.

Services and Prices

The Provider reserves the right to modify or discontinue, temporarily or permanently, the services provided by the Journal. Plans and prices are subject to change upon 30 days notice from the Provider. Such notice may be provided at any time by posting the changes to the relevant service website.


The Authors retain full ownership to their content published in the Journal. We claim no intellectual property rights over the material provided by any User in this Journal. However, by setting pages to be viewed publicly (Open Access), the User agrees to allow others to view and download the relevant content. In addition, Open Access articles might be used by the Provider, or any other third party, for data mining purposes.

The Provider reserves the rights in its sole discretion to refuse or remove any content that is available via the Website.

Copyrighted Materials

Unless stated otherwise, the Journal website may contain some copyrighted material (for example, logos and other proprietary information, including, without limitation, text, software, photos, video, graphics, music and sound - "Copyrighted Material"). The User may not copy, modify, alter, publish, transmit, distribute, display, participate in the transfer or sale, create derivative works or, in any way, exploit any of the Copyrighted Material, in whole or in part, without written permission from the copyright owner. Users will be solely liable for any damage resulting from any infringement of copyrights, proprietary rights or any other harm resulting from such a submission.

Exceptions from this rule are e-chapters or e-articles published under Open Access (see below), which are normally published under Creative Commons Attribution 3.0 license (CC-BY), or Creative Commons Attribution 4.0 license (CC-BY), or Creative Commons Public Domain license (CC0).

Open Access Materials

This Journal is a supporter of open science. Open access to content is clearly marked, with text and/or the open access logo, on all materials published under this model. Unless otherwise stated, open access content is published in accordance with the Creative Commons Attribution 4.0 licence (CC-BY). This particular licence allows the copying, displaying and distribution of the content at no charge, provided that the author and source are credited.

Privacy Statement

  1. Users agree to submit their personal data to this Journal, hosted on the ARPHA Platform provided by Pensoft.
  2. The Journal collects personal information from Users (e.g., name, postal and email addresses, affiliation) only for the purpose of its services.
  3. All personal data will be used exclusively for the stated purposes of the website and will not be made available for any other purpose or to third parties.
  4. In the case of co-authorship of a work published through the Journal services, each of the co-authors states that they agree that their personal data be collected, stored and used by the Journal.
  5. In the case of co-authorship, each of the co-authors agrees that their personal data publicly available in the form of a co-authorship of a published work, can be distributed to external indexing services and aggregators for the purpose of the widest possible distribution of the work they co-author.
  6. When one of the co-authors is not registered in the Journal, it is presumed that the corresponding author who is registered has requested and obtained his/her consent that his/her personal data will be collected, stored and used by the Journal.
  7. The registered co-author undertakes to provide an e-mail address of the unregistered author, to whom the Journal will send a message in order to give the unregistered co-author’s explicit consent for the processing of his/her personal data by the Journal.
  8. The Journal is not responsible if the provided e-mail of the unregistered co-author is inaccurate or invalid. In such cases, it is assumed that the processing of the personal data of the unregistered co-author is done on a legal basis and with a given consent.
  9. The Journal undertakes to collect, store and use the provided personal data of third parties (including but not limited to unregistered co-authors) solely for the purposes of the website, as well as in those cases expressly stated by the legislation.
  10. Users can receive emails from Journal and its hosting platform ARPHA, provided by Pensoft, about activities they have given their consent for. Examples of such activities are:
    • Email notifications to authors, reviewers and editors who are engaged with authoring, reviewing or editing a manuscript submitted to the Journal.
    • Email alerts sent via email subscription service, which can happen only if the User has willingly subscribed for such a service. Unsubscription from the service can happen through a one-click link provided in each email alert notification.
    • Information emails on important changes in the system or in its Terms of Use which are sent via Mailchimp are provided with "Unsubscribe" function.
  11. Registered users can be invited to provide a peer review on manuscripts submitted to the Journal. In such cases, the users can decline the review invitation through a link available on the journal’s website.
  12. Each provided peer review can be registered with external services (such as Publons). The reviewer will be notified if such registration is going to occur and can decline the registration process.
  13. In case the Journal starts using personal data for purposes other than those specified in the Terms of Use, the Journal undertakes to immediately inform the person and request his/her consent.
  14. If the person does not give his/her consent to the processing of his or her personal data pursuant to the preceding paragraph, the Journal shall cease the processing of the personal data for the purposes for which there is no consent, unless there is another legal basis for the processing.
  15. Users can change/correct their personal data anytime via the functionality available in the User’s profile. Users can request the Journal to correct their personal data if the data is inaccurate or outdated and the Journal is obliged to correct the inaccurate or outdated personal data in a timely manner.
  16. Users may request the Journal to restrict the use of their personal data insofar as this limitation is not contrary to the law or the Terms of Use.
  17. Users may request their personal data to be deleted (the right to be forgotten) by the Journal, provided that the deletion does not conflict with the law or the Terms of Use.
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    • whether his or her personal data have been processed;
    • for which purposes the Journal processes the personal data;
    • the ways in which his/her personal data are processed;
    • the types of personal data that Journal processes.
  19. The user undertakes not to interfere with and impede the Journal’s activities in the exercise of the provided rights.
  20. In case of non-fulfilment under the previous paragraph, the Journal reserves the right to delete the user's profile.

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Legal, medical, and health-related information located, identified or obtained through the use of the Service, is provided for informational purposes only and is not a substitute for qualified advice from a professional.

In no event will the Provider, or any person or entity involved in creating, producing or distributing Journal or the contents included therein, be liable in contract, in tort (including for its own negligence) or under any other legal theory (including strict liability) for any damages, including, but without limitation to, direct, indirect, incidental, special, punitive, consequential or similar damages, including, but without limitation to, lost profits or revenues, loss of use or similar economic loss, arising from the use of or inability to use the journal platform. The User hereby acknowledges that the provisions of this section will apply to all use of the content on Journal. Applicable law may not allow the limitation or exclusion of liability or incidental or consequential damages, so the above limitation or exclusion may not apply to the User. In no event will Pensoft’s total liability to the User for all damages, losses or causes of action, whether in contract, tort (including own negligence) or under any other legal theory (including strict liability), exceed the amount paid by the User, if any, for accessing Journal.

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