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The lessons of stabilization and prospects of growth: Russia’s economic policy in 2016

Vladimir Mau ()

Published Papers from Gaidar Institute for Economic Policy

Abstract: The world is searching for a new socioeconomic development paradigm, which is sometimes referred to as the “new reality.” Judging by the previous structural crises (in the 1930s and 1970s), this search takes about a decade characterized by volatile economic trends, political crises, and social instability. Past experience should by no means be applied bluntly to the future, and the actual duration of the “turbulent decade” can only be determined by future economic historians. However, it is now evident that the key issue on the political and intellectual agenda is a new economic growth model, its potential rates and sources.

Keywords: Russian economy; economic growth; economic crisis (search for similar items in EconPapers)
JEL-codes: P16 P26 P48 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2017, Revised 2017
New Economics Papers: this item is included in nep-cis and nep-tra
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