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A New Growth Model for the Russian Economy

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  • A. Kudrin
  • E. Gurvich

Abstract

The recent slowdown of the Russian economy has fundamental roots and cannot be overcome by ‘simple’ measures like alleviation of monetary or fiscal policy. The major impediment to growth is marked weakness of the market environment, explained primarily with dominance of state-owned and quasi-state companies. Strong incentives for efforts to enhance efficiency by both business and public administration are required. The key objectives of policies needed to develop a new growth model are listed.

Suggested Citation

  • A. Kudrin & E. Gurvich, 2014. "A New Growth Model for the Russian Economy," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 12.
    • Handle: RePEc:nos:voprec:y:2014:id:727
    DOI: 10.32609/0042-8736-2014-12-4-36
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    File URL: https://www.vopreco.ru/jour/article/viewFile/727/727
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    Cited by:

    1. A. K. Solov’ev, 2022. "Problems of Application of the Substitution Coefficient as a Criterion of Efficiency of the Pension System of Russia," Studies on Russian Economic Development, Springer, vol. 33(2), pages 176-184, April.

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