FISCAL STIMULUS AND RUSSIAN SOVEREIGN FUNDS

O. Buklemishev ()

Voprosy Ekonomiki, 2013, issue 12

Abstract: The paper analyzes the current options of fiscal stimulus in the Russian economy. It is asserted that due to economic and institutional factors the increase in public expenditures will not be efficient and the appropriate resource base is limited. The contradictions of the budget policy based on channeling extra oil and gas revenues into the sovereign funds to be invested abroad, are considered. It is concluded that this policy which has been carried out in Russia during the last ten years is experiencing a crisis and needs a revision.

Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/598/598 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2013:id:598

DOI: 10.32609/0042-8736-2013-12-74-85

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().