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The Present Challenges to Russia: Modernisation and Diversification

Author

Listed:
  • Silvana Malle

    (Department of Economics (University of Verona))

Abstract

This paper intends to examine the challenges posed by the global crisis to Russia since they help better to understand the pluses and minuses of her transformation path in so far as they reflect both the legacies from the past - the Soviet one and the more recent - and the weaknesses of a process of change that after twenty years seems still to be incapable of animating a sound competitive market dynamics supportive of sustainable growth. A debate on the Russian model of development stirred by reformers and by President Medvedev himself with his manifesto “Russia, forward” electronically published and widely disseminated in September 2009, has laid the ground for a number of reforms that should help modernise and diversify the Russian economy while at the same time calling for an innovation drive to which state and private businesses are supposed to contribute.

Suggested Citation

  • Silvana Malle, 2011. "The Present Challenges to Russia: Modernisation and Diversification," Working Papers 16/2011, University of Verona, Department of Economics.
    • Handle: RePEc:ver:wpaper:16/2011
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    File URL: http://dse.univr.it/home/workingpapers/wp2011n16.pdf
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    More about this item

    Keywords

    Russia; modernization; economic development;
    All these keywords.

    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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