Overcoming Investment Pause in the Russian Economy
O. Buklemishev
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O. Buklemishev: Lomonosov Moscow State University, Moscow, Russia
Journal of the New Economic Association, 2016, vol. 29, issue 1, 160-167
Abstract:
Investment pause represents the central factor of the current crisis in the Russian economy. The key factor for restoration of economic growth is to overcome this pause. The paper critically discusses various explanations of the slowdown of investment. It is reckoned that the negative expectations of the business community and deficit of finance constitute the main obstacles for overcoming the investment pause. The paper concludes with proposing systemic measures of economic policy to deal with the investment crisis, aimed at re-establishing trust and stimulating investment activity on this basis.
Keywords: investment pause; sanctions; uncertainty; state stimulus; economic policy; expectations (search for similar items in EconPapers)
JEL-codes: E22 E61 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2016:i:29:p:160-167
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