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Sustaining Growth in a Resource-Based Economy: The Main Issues and the Specific Case of Russia

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Author Info

  • Rudiger Ahrend

    (Organization for Economic Co-operation and Development)

Abstract

This paper argues that the challenges posed by resource dependence, which include an increased vulnerability to external shocks, the risk of Dutch disease and the risk of development specific institutional pathologies, can be overcome, or at least very substaintially mitigated, if accompanied by the right economic policies.

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File URL: http://www.unece.org/fileadmin/DAM/oes/disc_papers/ECE_DP_2005-3.pdf
File Function: First version, 2005
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Bibliographic Info

Paper provided by UNECE in its series ECE Discussion Papers Series with number 2005_3.

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Length: 24 pages
Date of creation: Sep 2005
Date of revision:
Publication status: Published in UNECE Discussion Paper Series, No. 2005_3
Handle: RePEc:ece:dispap:2005_3

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Related research

Keywords: Russia; resource abundance; dutch disease; economic growth;

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Cited by:
  1. Kalotay, Kalman, 2008. "Russian transnationals and international investment paradigms," Research in International Business and Finance, Elsevier, vol. 22(2), pages 85-107, June.

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