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Towards New Policy Incentives for Fixed Capital Investment and Technological Upgrades in Russia

Alexander Apokin


Abstract: The paper approaches the problem of private fixed capital underinvestment in Russia. The author uses empirical studies of the Russian economy and cases of successful technological modernization to outline several groups of disincentives for private companies to perform fixed capital investment in Russia. To counter these constraints, a certain incentive-based economic policy framework is developed.

Date: 2011
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