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Russia’s economy and regional spillovers

Author

Listed:
  • Becker, Torbjörn

    (Stockholm Institute of Transition Economics)

Abstract

This paper looks at how the Russian economy has developed under the leadership of Putin and how it spills over to its neighbours in the CIS region. It stresses the importance of international oil prices as a determinant of policies and outcomes in Russia and highlights how this has impacted macroeconomic performance during Putin’s different terms in office. Although Russia is not an economic superpower globally, the size and importance of Russia for the CIS region is significant and thus oil price changes also drive the economic development of non-fuel exporting CIS countries to a significant degree.

Suggested Citation

  • Becker, Torbjörn, 2019. "Russia’s economy and regional spillovers," SITE Working Paper Series 48, Stockholm School of Economics, Stockholm Institute of Transition Economics.
    • Handle: RePEc:hhs:hasite:0048
    as

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    References listed on IDEAS

    as
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    6. Simeon Djankov, 2015. "Russia's Economy under Putin: From Crony Capitalism to State Capitalism," Policy Briefs PB15-18, Peterson Institute for International Economics.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Russia; Putin; macroeconomis; CIS; transition;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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