Global existence of small-norm solutions in the reduced Ostrovsky equation

We use a novel transformation of the reduced Ostrovsky equation to the integrable Tzitz'eica equation and prove global existence of small-norm solutions in Sobolev space $H^3(R)$. This scenario is an alternative to finite-time wave breaking of large-norm solutions of the reduced Ostrovsky equation. We also discuss a sharp sufficient condition for the finite-time wave breaking.