Russia’s Economic Policy in 2010: Quest for Innovations

Russian Economy in 2010: Trends and Outlooks, No. 32, 2011

17 Pages Posted: 30 Aug 2012

See all articles by Vladimir Mau

Vladimir Mau

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration

Date Written: March 30, 2011

Abstract

The austerity vs stimulus discussion among economists and politicians is gaining momentum. Not surprisingly, both parties are actively appealing to the memory of John Maynard Keynes who, indeed, put forth the idea of economic stimulus but never recommended that it be used on a scale as massive as that in the 1970s, when Richard Nixon declared himself a ‘Keynesian’ and pursued state intervention policies under the guise of Keynesianism.

Keywords: Russian economy

JEL Classification: P26

Suggested Citation

Mau, Vladimir, Russia’s Economic Policy in 2010: Quest for Innovations (March 30, 2011). Russian Economy in 2010: Trends and Outlooks, No. 32, 2011. Available at SSRN: https://ssrn.com/abstract=2138094

Vladimir Mau (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration ( email )

Varnadskogo Avenue,82
Moscow, 119571
Russia

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