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The Russian Specificity of "Dutch Disease"

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  • O. Zabelina

Abstract

This paper aims to study the specificity of "Dutch disease" in Russia. The theoretical basis of the given phenomenon — the booming sector model — is analyzed in detail from the point of view of its applicability under conditions of the Russian economy. The main attention is given to consideration of structural aspects of the problem: sector distribution of factors of production and profitability of branches. From the position of efficiency a number of measures aimed at "Dutch disease" elimination are estimated: protectionism, subsidizing, devaluation.

Suggested Citation

  • O. Zabelina, 2004. "The Russian Specificity of "Dutch Disease"," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    • Handle: RePEc:nos:voprec:y:2004:id:1967
    DOI: 10.32609/0042-8736-2004-11-60-75
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