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https://doi.org/10.1016/j.ruje.2015.05.002
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A new growth model for the Russian economy
[Zeitschriftenartikel]
Abstract The problems underlying the current slowdown of the Russian economy are of a persistent nature and cannot be resolved with simple measures such as a softer monetary or fiscal policy. The fundamen- tal reason for these problems is the weak market environment dominated by public and quasi-public compa... mehr
The problems underlying the current slowdown of the Russian economy are of a persistent nature and cannot be resolved with simple measures such as a softer monetary or fiscal policy. The fundamen- tal reason for these problems is the weak market environment dominated by public and quasi-public companies. A new growth model should be based upon strong incentive for the business, as well as the government regulation system, to improve efficiency. This article defines the main steps to be taken in building such a model.... weniger
Klassifikation
Volkswirtschaftstheorie
Freie Schlagwörter
growth model; oil and gas revenues; soft budget constraints; incentives for growth
Sprache Dokument
Englisch
Publikationsjahr
2015
Seitenangabe
S. 30-54
Zeitschriftentitel
Russian Journal of Economics, 1 (2015) 1
ISSN
2618-7213
Status
Veröffentlichungsversion; begutachtet
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0