A Strategy for Reforming the Russian Pension System

Ekonomicheskaia politika [Economic Policy] No. 3, 2009

47 Pages Posted: 12 Jul 2012 Last revised: 16 Sep 2012

See all articles by Sergei Germanovich Sinelnikov-Murylev

Sergei Germanovich Sinelnikov-Murylev

Russian Foreign Trade Academy; Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Department of Economics

Vladimir Nazarov

Gaidar Institute for Economic Policy

Multiple version iconThere are 2 versions of this paper

Date Written: 2009

Abstract

It is frequently argued that in a period of economic crisis the correct course of action is to implement an “anti-cyclical” fiscal policy that entails lowering the tax burden and increasing state expenditure. In Russia, the instruments of anti-cyclical budgetary policy are progressive rates of export duty on oil indexed to world oil prices and the expenditure of resources accumulated in the RF Reserve Fund during periods of economic growth. An additional anti-cyclical measure is the tax on profit, receipts from which, however, are far more volatile than the dynamics of gross domestic product.

Keywords: pension system, pension reform, pension reform in Russia

JEL Classification: H5, J2

Suggested Citation

Sinelnikov-Murylev, Sergei Germanovich and Nazarov, Vladimir, A Strategy for Reforming the Russian Pension System (2009). Ekonomicheskaia politika [Economic Policy] No. 3, 2009. Available at SSRN: https://ssrn.com/abstract=2103774

Sergei Germanovich Sinelnikov-Murylev (Contact Author)

Russian Foreign Trade Academy ( email )

4а Pudovkin str., Russia, Moscow, 119285
Moscow
Russia
+7 (499) 143-1235 (Phone)
+7 (499) 783-0263 (Fax)

Gaidar Institute for Economic Policy ( email )

5 Gazetny lane
Moscow, 125009
Russia
+7 (495) 629-4713 (Phone)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Department of Economics ( email )

Russia

Vladimir Nazarov

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
25
Abstract Views
302
PlumX Metrics