Russia: competitiveness, growth, and the next stage of development

Augusto Lopes-Carlos
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Augusto Lopes-Carlos: World economic forum

Ekonomicheskaya Politika / Economic Policy, 2006, vol. 1, 21-37

Abstract: President Putin in his address to the Parliament in May 2003 called for a doubling of Russia's GDP in the next decade. The dynamics of GDP per capita (with all its imperfections as an indicator of living standards) is often seen as a measure of the success of the government's economic policies in supporting the private sector. As shown in Figure 1 and Table 1, this issue is of particular relevance in Russia because of the large financial losses of the population in 1992-1998, when production fell by a cumulative 40%, which led to a catastrophic decline in living standards.

Keywords: Putin; Russia; GDP; growth; development; competitiveness (search for similar items in EconPapers)
Date: 2006
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