The Lessons of Stabilization and Prospects of Growth: Russia's Economic Policy in 2016

Russian Economy in 2016. Trends and Outlooks. 2017. Moscow. IEP. issue 38, pp. 9-26

20 Pages Posted: 17 Jul 2017

See all articles by Vladimir Mau

Vladimir Mau

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

Date Written: July 7, 2017

Abstract

The world is searching for a new socioeconomic development paradigm, which is sometimes referred to as the “new reality.” Judging by the previous structural crises (in the 1930s and 1970s), this search takes about a decade characterized by volatile economic trends, political crises, and social instability. Past experience should by no means be applied bluntly to the future, and the actual duration of the “turbulent decade” can only be determined by future economic historians. However, it is now evident that the key issue on the political and intellectual agenda is a new economic growth model, its potential rates and sources

Keywords: Russian economy, economic growth, economic crisis

JEL Classification: P16, P26, P48

Suggested Citation

Mau, Vladimir, The Lessons of Stabilization and Prospects of Growth: Russia's Economic Policy in 2016 (July 7, 2017). Russian Economy in 2016. Trends and Outlooks. 2017. Moscow. IEP. issue 38, pp. 9-26. Available at SSRN: https://ssrn.com/abstract=2998509 or http://dx.doi.org/10.2139/ssrn.2998509

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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