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Global trends and national goals: Russia approaches a new model of economic growth

Author

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  • Vladimir A. Mau

    (Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia)

Abstract

This paper deals with global trends and their influence on Russian economic and social performance. A new economic crisis is looming, and the lack of institutional reforms, which were put on the agenda by the crisis of 2008–2009, is a source of current concern. In 2018 Russian authorities announced a set of national goals and projects as the central point of social and economic policy for 2018–2024. The new economic growth policy includes the shift from the demand-side growth model to the supply-side one, broad implementation of project methods in economic policy, and continuation of conservative fiscal and monetary policy.

Suggested Citation

  • Vladimir A. Mau, 2019. "Global trends and national goals: Russia approaches a new model of economic growth," Russian Journal of Economics, ARPHA Platform, vol. 5(1), pages 27-45, April.
    • Handle: RePEc:arh:jrujec:v:5:y:2019:i:1:p:27-45
    DOI: 10.32609/j.ruje.5.35234
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    References listed on IDEAS

    as
    1. Levashenko, Antonina (Левашенко, Антонина) & Ermokhin, Ivan (Ермохин, Иван) & Zubarev, Andrey (Зубарев, Андрей) & Sinelnikova-Muryleva, Elena (Синельникова-Мурылева Елена) & Trunin, Pavel (Трунин, Пав, 2019. "Cryptoeconomics [Криптоэкономика]," Published Papers 021913, Russian Presidential Academy of National Economy and Public Administration.
    2. P. Kadochnikov & A. Knobel & S. Sinelnikov-Murylev., 2016. "Openness of the Russian economy as a source of economic growth," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    3. Knobel, Alexander (Кнобель Александр) & Bagdasaryan, Kniaz (Багдасарян, Княз) & Loshchenkova, Anna (Лощенкова, Анна) & Proka, Ksenia (Прока, Ксения), 2019. "Sanctions: seriously and for a long time [Санкции: Всерьез И Надолго]," Published Papers 021901, Russian Presidential Academy of National Economy and Public Administration.
    4. Larionova, Marina (Ларионова, Марина) & Ignatov, Alexander (Игнатов, Александр) & Popova, Irina (Попова, Ирина) & Sakharov, Andrey (Сахаров, Андрей) & Shelepov, Andrey (Шелепов, Андрей), 2019. "Ten years of the G20: unconditional achievements, sustainable challenges, new risks, future priorities [Десять Лет «Группе Двадцати»: Безусловные Достижения, Устойчивые Вызовы, Новые Риски, Будущие," Published Papers 021912, Russian Presidential Academy of National Economy and Public Administration.
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    Citations

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    Cited by:

    1. Simola, Heli, 2021. "Long-term challenges to Russian economic policy," BOFIT Policy Briefs 11/2021, Bank of Finland Institute for Emerging Economies (BOFIT).

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    More about this item

    Keywords

    economic policy; economic growth; national projects; global crisis; sanctions; Russia;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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