The Russian Title Registration System for Realty and Its Effect on Foreign Investors

The recent privatization of real property is an important step in Russia\u27s transition from a planned to market economy. This privatization creates opportunities for foreigners in the Russian realty market. However, foreigners are not likely to enter this market unless rights to immovable property are certain and secure. This Comment describes the new Russian immovable property Registration Law and argues that, despite its drawbacks, it creates a workable system that will provide certainty and security in rights to Russian immovable property. Furthermore, the Comment advises foreign investors on how to avoid potential problems the new law creates

Critical dynamics in systems controlled by fractional kinetic equations

The article is devoted to the dynamics of systems with an anomalous scaling near a critical point. The fractional stochastic equation of a Lanvevin type with the $\varphi^3$ nonlinearity is considered. By analogy with the model A the field theoretic model is built, and its propagators are calculated. The nonlocality of the new action functional in the coordinate representation is caused by the involving of the fractional spatial derivative. It is proved that the new model is multiplicatively renormalizable, the Gell-Man-Low function in the one-loop approximation is evaluted. The existence of the scaling behavior in the framework of the $\varepsilon$-expansion for a superdiffusion is established.Comment: 25 pages, 1 figur