Searching for a New Growth Model

G. Idrisov, Vladimir Mau and Alexandra Bozhechkova

Voprosy Ekonomiki, 2017, issue 12

Abstract: The article discusses modern concepts and drivers that underlie economic growth models which serve as a basis for making economic and political decisions. Drawing on the fundamental economic growth mechanisms, the authors describe the differences among three competing Russian mid-term development strategies. They argue that some of the fundamental mechanisms seem to stop working (partly due to secular stagnation). Formulating the shapes of a new economic-investment model, the authors offer three hypotheses about new growth mechanisms that should be taken into account when building up an effective development strategy for our country.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2017:id:421

DOI: 10.32609/0042-8736-2017-12-5-23

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