A Different Country: Russia's Economic Resurgence

CEPS Paperbacks, 2008

112 Pages Posted: 26 Jan 2009

Date Written: May 7, 2008

Abstract

Russia is now once again one of the ten largest economies in the world (representing around 70% of Germany's GDP in purchasing power parity in 2007). In addition, Russia is the third largest trading partner of the EU, the fourth largest trade partner of the eurozone and an essential energy supplier to the EU. This recovery makes Russia an economic - and political - actor that cannot be ignored. In this authoritative new book, Lucio Vinhas de Souza, desk officer for Russia in the Directorate-General for Economic and Financial Affairs of the European Commission, reviews the country's evolving macroeconomic performance and structural policy framework, from the difficult days of the recession in the early transition period and the 1998 crisis to Russia's sustained and robust growth since 1999. He outlines the remaining reform priorities in Russia and concludes with pragmatic policy recommendations for the reform agenda.

Keywords: Economic Policy of non-EU countries, EU-Russian relations

Suggested Citation

Vinhas de Souza, Lucio Vinhas, A Different Country: Russia's Economic Resurgence (May 7, 2008). CEPS Paperbacks, 2008 . Available at SSRN: https://ssrn.com/abstract=1333123

Lucio Vinhas Vinhas de Souza (Contact Author)

DG-ECFIN, European Commission ( email )

BU-1 05/190
Brussels, Bruxelles B-1049
Belgium

HOME PAGE: http://www.vinhasdesouza.eu

UNU-CRIS ( email )

Potterierei 72
Brugge, 8000
Belgium

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