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Russia’s socioeconomic policy in 2018: national goals and a model of economic growth

Vladimir Mau
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Vladimir Mau: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: A number of unique anniversaries fell in 2018–2019: 30 years since the collapse of the communist system, 20 years since the start of the Asian economic crisis, 20 years since the introduction of the Euro (the new currency was introduced into noncash circulation on 1 January 1999), and 10 years since the development of the global structural crisis. There is a specific date that is important in the history of the Russian economy and economic policy: in 1999 the ten-year decline changed to economic growth, which led to doubling the GDP and a restoration of the pre-crisis level by 2008. These are not just anniversaries of events that remain in the past but key milestones of socioeconomic development that in many ways formed the priorities and phobias of the political elite of the world’s leading countries, both developed and developing. These events of the past continue to have significant influence of today’s economic policy.

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: 20 pages
Date: 2019, Revised 2019
New Economics Papers: this item is included in nep-cis, nep-sea and nep-tra
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Handle: RePEc:gai:ppaper:ppaper-2019-965