Strategy of Overcoming the Crisis in Russia

L. Evstigneeva and R. Evstigneev

Voprosy Ekonomiki, 2009, issue 5

Abstract: The paper connects the current global economic crisis with ending the Long Kondratieff Wave and entering a new one. Neoliberal recipes have been already out of date for such transformation as well as for further functioning of the economy. According to the authors, neither the monetarist nor the Keynesian approaches can substitute them. The only alternative is the synergetic model of development, first of all building the market hierarchy instead of the traditional linear system of governance. The urgent necessity of comprehending strategical interaction between the synergetic transformation and the systemic integrity of economy is stressed upon in the article. All through the paper the crises in the USA and Russia are compared. In particular, it is suggested the crisis in our country might be deeper if one takes into account the difference between the depth of economic and social bottoms in both countries.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2009:id:870

DOI: 10.32609/0042-8736-2009-5-47-58

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