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Strategy of Economic Development up to 2035: Overcoming Long-Term Stagnation

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  • M. S. Gusev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article discusses the key trends in Russia’s economic development. An assessment of economic growth rates for the period up to 2035 is being carried out. Based on alternative scenarios, the effectiveness of regular macroeconomic policy measures to stimulate economic growth is assessed. On the basis of econometric scenario calculations, the inefficiency of regular macroeconomic policy measures to stimulate long-term economic growth is shown. The strategic directions of economic policy are considered in order to overcome long-term stagnation.

Suggested Citation

  • M. S. Gusev, 2023. "Strategy of Economic Development up to 2035: Overcoming Long-Term Stagnation," Studies on Russian Economic Development, Springer, vol. 34(2), pages 167-175, April.
  • Handle: RePEc:spr:sorede:v:34:y:2023:i:2:d:10.1134_s107570072302003x
    DOI: 10.1134/S107570072302003X
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    References listed on IDEAS

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    1. Drobyshevsky, Sergey M. (Дробышевский, Сергей) & Trunin, Pavel V. (Трунин, Павел) & Sinelnikova-Muryleva, Elena V. (Синельникова-Мурылева, Елена) & Makeeva, Natalja V. (Макеева, Наталья) & Grebenkina,, 2020. "Optimal Inflation in Russia: Theory and Practice [Оптимальная Инфляция В России: Теория И Практика]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 8-29, August.
    2. A. G. Aganbegyan, 2022. "The Two Main Macroeconomic Theories of Keynes and Friedman and Their Use in the Economic Policy of the World’s Major Countries and Russia," Studies on Russian Economic Development, Springer, vol. 33(5), pages 471-479, October.
    3. A. D. Nekipelov, 2022. "Academic Science in Discussions on Key Issues of Economic Development in Modern Russia," Studies on Russian Economic Development, Springer, vol. 33(5), pages 480-487, October.
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