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The lessons of stabilization and prospects of growth: Russia’s economic policy in 2016

Author

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  • Mau Vladimir

    (RANEPA)

Abstract

The world is searching for a new socioeconomic development paradigm, which is sometimes referred to as the “new reality.” Judging by the previous structural crises (in the 1930s and 1970s), this search takes about a decade characterized by volatile economic trends, political crises, and social instability. Past experience should by no means be applied bluntly to the future, and the actual duration of the “turbulent decade” can only be determined by future economic historians. However, it is now evident that the key issue on the political and intellectual agenda is a new economic growth model, its potential rates and sources.

Suggested Citation

  • Mau Vladimir, 2017. "The lessons of stabilization and prospects of growth: Russia’s economic policy in 2016," Published Papers ppaper-2017-271, Gaidar Institute for Economic Policy, revised 2017.
  • Handle: RePEc:gai:ppaper:ppaper-2017-271
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    File URL: https://iep.ru/files/RePEc/gai/ppaper/ppaper-2017-271.pdf
    File Function: Revised version, 2017
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    Cited by:

    1. Elena Stupnikova & Tatyana Sukhadolets, 2019. "Construction Sector Role in Gross Fixed Capital Formation: Empirical Data from Russia," Economies, MDPI, Open Access Journal, vol. 7(2), pages 1-16, May.

    More about this item

    Keywords

    Russian economy; economic growth; economic crisis;

    JEL classification:

    • P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
    • P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
    • P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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