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Sustaining Growth in a Resource-Based Economy: The Main Issues and the Specific Case of Russia

Rudiger Ahrend ()

No 2005_3, ECE Discussion Papers Series from UNECE

Abstract: This paper argues that the challenges posed by resource dependence, which include an increased vulnerability to external shocks, the risk of Dutch disease and the risk of development specific institutional pathologies, can be overcome, or at least very substaintially mitigated, if accompanied by the right economic policies.

Keywords: Russia; resource abundance; dutch disease; economic growth (search for similar items in EconPapers)
JEL-codes: O11 O13 O24 O52 P28 Q33 Q43 (search for similar items in EconPapers)
Date: 2005-09
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Published in UNECE Discussion Paper Series, No. 2005_3

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