Russian Transformation and Its Results

Yu. Ovsienko and N. Petrakov

Voprosy Ekonomiki, 2004, issue 5

Abstract: Negative trends in Russian macroeconomic dynamics are considered in the article: raw materials production orientation, lowering of employees remuneration share in GDP, inflation, etc. It is shown that they are caused by the institutional system that has been formed during the period of reforms. This system hinders effective social and economic development.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2004:id:1893

DOI: 10.32609/0042-8736-2004-5-59-72

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