EconPapers    
Economics at your fingertips  
 

Russian Federation; Selected Issues

International Monetary Fund

No 16/230, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper describes structural reform policies in Russia in the last 15 years. There is evidence of a gradual convergence of Russia’s performance to that of more advanced economies, though significant gaps remain. Progress in Russia’s global competitiveness index indicators during the past 10 years has been generally stronger for those indicators in which Russia’s performance was comparatively weaker in 2006. The authorities’ view that oil prices will be persistently low and a real exchange rate more aligned to fundamentals should serve as incentives to build a less oil-dependent growth model. Clear targets, carefully sequenced actions, appropriate accountability, and frequent monitoring could help advance reforms.

Keywords: Economic growth; Productivity; Exports; Capital accumulation; Global competitiveness; Fiscal reforms; Fiscal consolidation; Selected Issues Papers; Russian Federation (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis and nep-tra
Date: 2016-07-13
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44084 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:16/230

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Jim Beardow ().

 
Page updated 2019-04-13
Handle: RePEc:imf:imfscr:16/230