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Russian Economic and Integration Prospects

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Author Info
Havlik, Peter
Abstract

This paper provides an overview of Russian economic developments during the period 2000-2007 and analyses key patterns and drivers of the recent economic growth. The growth sustainanbility is addressed as well, in particular with respect to the role played by energy prices and the growing involvement of the state in the economy, including attempts to implement tools of industrial policy and the public-private project financing schemes. Next, the resurgence of Russia as a regional power in the Commonwealth of Independent States (CIS) and the complicated relations with the European Union (EU) after recent EU enlargements with countries from Central and Eastern Europe are addressed. The paper discusses also prospects for and challenges of the future Russian integration in the European economy and outlines alternative scenarios for a medium-term economic outlook. Finally, the likely policies of the new Russian President Dmitry Medvedev are briefly discussed as well.

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File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/15753/1/RRC_WP_No5.pdf
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Publisher Info
Paper provided by Russian Research Center, Institute of Economic Research, Hitotsubashi University in its series RRC Working Paper Series with number 5.

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Length: 23 p.
Date of creation: Apr 2008
Date of revision:
Handle: RePEc:hit:rrcwps:5

Note: This paper was presented for the Tokyo conference on "Economic Development and Future Perspectives of Russia" sponsored by the Russian Research Center on March 15, 2008.
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Related research
Keywords: Russia; economic growth; energy; European integration; economic forecast;

Find related papers by JEL classification:
F15 - International Economics - - Trade - - - Economic Integration
F5 - International Economics - - International Relations and International Political Economy
L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
N1 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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This page was last updated on 2009-12-2.


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