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Три Варианта Экономической Политики Для России
[Three Options of Economic Policy for Russia]

Author

Listed:
  • BLINOV, Sergey

Abstract

Key discussions regarding Russia's economic policy are now taking place between the two camps of economists. The foremost proponent of the ideas in the first camp is Alexey Kudrin, former Vice-Prime Minister, PhD in Economics. The second camp has crystalized itself around Sergey Glaziev, Advisor to the President of Russia, Doctor of Economics, Academician. Both options of economic policy which are proposed by these two schools of thought mean a lot of pain to produce any gain. The first part of this article analyzes the weaknesses of these two options. The second part of the article offers an alternative analysis of the causes responsible for the ups and downs of the Russian economy. An action plan is put forward which, within a few months, would allow the Ruble exchange rate to be stabilized and would ensure that the Russian economy grows regardless of the world market prices for major goods of the Russian primary materials exports.

Suggested Citation

  • BLINOV, Sergey, 2016. "Три Варианта Экономической Политики Для России [Three Options of Economic Policy for Russia]," MPRA Paper 68836, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:68836
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    File URL: https://mpra.ub.uni-muenchen.de/68836/1/MPRA_paper_68836.pdf
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    More about this item

    Keywords

    Monetary Policy; Central Banking; Interest Rates; Quantitative Easing (QE); Economic Growth; Money Supply;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • G01 - Financial Economics - - General - - - Financial Crises
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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