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https://doi.org/10.1016/j.ruje.2017.06.001
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Lessons in stabilization and prospects for growth: Russia's economic policy in 2016
[Zeitschriftenartikel]
Abstract Economic growth is a primary challenge of the political agenda of leading countries, including Russia. This study discusses existing hypotheses that are related to "secular stagnation" and the "productivity paradox", which include the demand side of the problem (cyclical factors), special features o... mehr
Economic growth is a primary challenge of the political agenda of leading countries, including Russia. This study discusses existing hypotheses that are related to "secular stagnation" and the "productivity paradox", which include the demand side of the problem (cyclical factors), special features of technological innovations (technological factors), anti-crisis policy that prevents "creative destruction" (political factors), and the irrelevance of the GDP measurement (statistical problems). Limits to growth contribute to a new global policy trend and the emerging of populism; this study discusses the prospects of the transformation from political populism to economic populism. Global challenges provide the basis for a more extensive analysis of Russian economic development and, particularly, the results of the 2015-2016 anti-crisis policy, which helped the Russian economy to adapt to new economic realities of the post-crisis world.... weniger
Thesaurusschlagwörter
Russland; Wirtschaftspolitik; Wirtschaftswachstum
Klassifikation
Wirtschaftspolitik
Freie Schlagwörter
structural crisis; new model of growth
Sprache Dokument
Englisch
Publikationsjahr
2017
Seitenangabe
S. 109-128
Zeitschriftentitel
Russian Journal of Economics, 3 (2017) 2
ISSN
2618-7213
Status
Veröffentlichungsversion; begutachtet
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0