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The Problems of Oil and Gas Orientation of the Russian Economy




The article analyzes the stages of transformation, present features and possible scenarios of the Russian oil and gas sector development. It argues that only due to the growth of budget expenses directed at the reproduction of mineral and raw materials base, implementation of advanced power and resource-saving technologies and development of the dominant energy market oil and gas orientation of the Russian economy can become the main factor of its growth.

Suggested Citation

  • S. Kimel’Man & S. Andryushin., 2006. "The Problems of Oil and Gas Orientation of the Russian Economy," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
  • Handle: RePEc:nos:voprec:2006-04-3

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    References listed on IDEAS

    1. Commander, Simon & Liberman, Leonid & Yemtsov, Ruslan, 1993. "Wage and employment decisions in the Russian economy : an analysis of developments in 1992," Policy Research Working Paper Series 1205, The World Bank.
    2. Peter J. Luke & Mark E. Schaffer, 1999. "Wage Determination in Russia: An Econometric Investigation," CERT Discussion Papers 9908, Centre for Economic Reform and Transformation, Heriot Watt University.
    3. Shakhnovich Ruvim & Yudashkina Galina, 2001. "Wage-Setting and Employment Behavior of Enterprises during the Period of Economic Transition," EERC Working Paper Series 01-04e, EERC Research Network, Russia and CIS.
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