A new growth model for the Russian economy1

The problems underlying the current slowdown of the Russian economy are of a persistent nature and cannot be resolved with simple measures such as a softer monetary or fiscal policy. The fundamen- tal reason for these problems is the weak market environment dominated by public and quasi-public compa...

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Main Authors:	Alexey Kudrin, Evsey Gurvich
Format:	Article
Language:	English
Published:	Voprosy Ekonomiki 2015-03-01
Series:	Russian Journal of Economics
Subjects:	growth model oil and gas revenues soft budget constraints incentives for growth.
Online Access:	http://www.sciencedirect.com/science/article/pii/S2405473915000033

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spelling	doaj-25535331fcff46289c0847fce18b3ecc2020-11-25T00:13:12ZengVoprosy EkonomikiRussian Journal of Economics2405-47392015-03-0111305410.1016/j.ruje.2015.05.002A new growth model for the Russian economy1Alexey Kudrin0Evsey Gurvich1Gaidar Institute for Economic Policy, Moscow, RussiaEconomic Expert Group, Moscow, RussiaThe problems underlying the current slowdown of the Russian economy are of a persistent nature and cannot be resolved with simple measures such as a softer monetary or fiscal policy. The fundamen- tal reason for these problems is the weak market environment dominated by public and quasi-public companies. A new growth model should be based upon strong incentive for the business, as well as the government regulation system, to improve efficiency. This article defines the main steps to be taken in building such a model.http://www.sciencedirect.com/science/article/pii/S2405473915000033growth modeloil and gas revenuessoft budget constraintsincentives for growth.
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Alexey Kudrin Evsey Gurvich
spellingShingle	Alexey Kudrin Evsey Gurvich A new growth model for the Russian economy1 Russian Journal of Economics growth model oil and gas revenues soft budget constraints incentives for growth.
author_facet	Alexey Kudrin Evsey Gurvich
author_sort	Alexey Kudrin
title	A new growth model for the Russian economy1
title_short	A new growth model for the Russian economy1
title_full	A new growth model for the Russian economy1
title_fullStr	A new growth model for the Russian economy1
title_full_unstemmed	A new growth model for the Russian economy1
title_sort	new growth model for the russian economy1
publisher	Voprosy Ekonomiki
series	Russian Journal of Economics
issn	2405-4739
publishDate	2015-03-01
description	The problems underlying the current slowdown of the Russian economy are of a persistent nature and cannot be resolved with simple measures such as a softer monetary or fiscal policy. The fundamen- tal reason for these problems is the weak market environment dominated by public and quasi-public companies. A new growth model should be based upon strong incentive for the business, as well as the government regulation system, to improve efficiency. This article defines the main steps to be taken in building such a model.
topic	growth model oil and gas revenues soft budget constraints incentives for growth.
url	http://www.sciencedirect.com/science/article/pii/S2405473915000033
work_keys_str_mv	AT alexeykudrin anewgrowthmodelfortherussianeconomy1 AT evseygurvich anewgrowthmodelfortherussianeconomy1 AT alexeykudrin newgrowthmodelfortherussianeconomy1 AT evseygurvich newgrowthmodelfortherussianeconomy1
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A new growth model for the Russian economy1

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