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Economic and Political Results of 2001 and Prospects of Sustainable Economic Growth

Vladimir Mau

Voprosy Ekonomiki, 2002, vol. 1

Abstract: The paper discusses results of the first post-communist decade and the year 2001, as well as the priorities of the economic policy of Russia for 2002-2003. The main characteristic feature of the Russian transformation was interlinkage of four processes: macroeconomic stabilization, post-communist reforms per se, full-scale revolution, and transformation of the industrial society to the post-industrial one. The first three processes are over, and the main objective now is "post-industrialisation". This is the central point of institutional reforms launched in 2001. The paper stresses the following priorities for the reform agenda in next few years: public expenditure reform, WTO accession, juridical and civil service reforms. The EU institutions and the integration into European Economic Area are considered as the important institutional benchmarks for Russia.

Date: 2002
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