IDEAS home Printed from
   My bibliography  Save this article

The economic future of Russia


  • Pekka Sutela


The paper provides a scenario exercise for Russian economic development until 2017. Russia will continue to grow for several years at least, as an emerging middle class drives consumption growth and structural change, though not in exports. Import propensity grows fast, and the recent current account surplus is disappearing fast. Investment also seems to be surging. Two dimensions seem crucial for building scenarios. Will Russia be able to increase energy production and exports? Will there be a meaningful diversification of production and exports, needed for maintaining the current account and to provide jobs for a large if slowly decreasing labour force? Ensuing scenarios have clear political implications.

Suggested Citation

  • Pekka Sutela, 2007. "The economic future of Russia," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 1(1), pages 21-33.
  • Handle: RePEc:ids:ijepee:v:1:y:2007:i:1:p:21-33

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijepee:v:1:y:2007:i:1:p:21-33. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.