Russia's Socioeconomic Policy: Emergence of New Horizons

Russian Economy in 2014. Trends and Outlooks. (Issue 36), 2015

27 Pages Posted: 1 Nov 2015

See all articles by Vladimir Mau

Vladimir Mau

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

Date Written: October 31, 2015

Abstract

The global crisis, which first emerged in 2007-2008, has remained the major factor determining the socioeconomic development of the world’s leading countries, Russia including. In this case, we view a crisis not as a phase in the cyclical fluctuations between growth and decline (or acceleration and slowdown) as part of the development of a given country or group of countries. Instead, we are speaking of a sufficiently lengthy turbulence period when, as a result of some profound shifts, a new economic growth model comes to the fore and begins to strongly influence the socioeconomic situation and the global economic and political equilibriums.

Keywords: Russian economy, economic growth

JEL Classification: O52, P27

Suggested Citation

Mau, Vladimir, Russia's Socioeconomic Policy: Emergence of New Horizons (October 31, 2015). Russian Economy in 2014. Trends and Outlooks. (Issue 36), 2015. Available at SSRN: https://ssrn.com/abstract=2684438

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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