Macroeconomic Factors of Post-crisis Growth

C. Rühl, A. Morozov, S. Ulatov, V. Drebentsov and O. Antimonova

Voprosy Ekonomiki, 2004, issue 5

Abstract: Russia has managed to achieve spectacular success after the 1998 crisis. High rates of economic growth have been first of all conditioned by low level of industrial capacity utilization in the pre-crisis period. Other factors have also played an important role: the positive conjuncture of world oil prices; dynamics of relative prices; changes in economic subjects' behavior. In order to make economic growth sustainable it is necessary to implement deep structural changes in the country.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2004:id:1891

DOI: 10.32609/0042-8736-2004-5-28-43

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