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The Long-Term Sustainability of Russia’s Budgetary Policy

Author

Listed:
  • Vladimir Nazarov

    (Gaidar Institute for Economic Policy)

  • Pavel Kadochnikov

    (Gaidar Institute for Economic Policy)

  • Sergey Sinelnikov-Murylev

    (Gaidar Institute for Economic Policy)

Abstract

Debates on drafts of the currently designed Conception for The Long-Term Socio-Economic Development of the Russian Federation (below referred to as the Conception) engender a number of questions concerning the problem of a balanced budgetary policy. To examine budgetary implications of implementation of the Conception’s measures we employed preset in the Conception scenario-based conditions of the world oil prices and design parameters of the annual (2008–2020) growth rates of GDP and CPI under the innovation-based scenario.

Suggested Citation

  • Vladimir Nazarov & Pavel Kadochnikov & Sergey Sinelnikov-Murylev, 2008. "The Long-Term Sustainability of Russia’s Budgetary Policy," Published Papers 40, Gaidar Institute for Economic Policy, revised 2012.
  • Handle: RePEc:gai:ppaper:40
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/40Kadochnikov.pdf
    File Function: Revised version, 2012
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    More about this item

    Keywords

    Russian economy; budgetary policy;

    JEL classification:

    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications

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