Strategy of Growth for Russia

2017 ◽  
pp. 24-39 ◽  
Author(s):  
B. Titov ◽  
A. Shirov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Policy Implementation ◽  
Russian Economy ◽  
Key Indicators

The article reviews the main problems of the current Russian economy and economic policy. The challenges of the economic development in the short-, medium and long-term periods are formulated. Special attention is paid to the principles of financing of economic growth and problems of management of the economy in the process of economic policy implementation. A description of a system of key indicators of the “Strategy of growth” program with the emphasis on changes in the quality and standards of life of the population is given.

Challenges of Russian economic development and government economic policy

2016 ◽  
pp. 36-44
Author(s):  
A. Ulyukaev
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Russian Economic Development ◽  
Transaction Costs ◽  
State Support ◽  
Investment Activity ◽  
Russian Economy ◽  
The Government

The article analyzes the problems faced by the Russian economy, and response by the government economic policy. The author considers measures to address four key tasks that will maximize long-term economic growth: the reduction of direct and transaction costs, creation of conditions for the transformation of savings into investments, fostering investment activity through the mechanisms of state support, as well as the removal of demand constraints.

Workforce and Stimulation of Economic Growth in Russia

2019 ◽  
pp. 5-12 ◽  
Author(s):  
Yu. V. Vertakova ◽  
V. A. Plotnikov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Labor Market ◽  
Russian Economy ◽  
Production Factors ◽  
Stage Of Development ◽  
Factorial Approach ◽  
Socio Economic Development

The presented study determines the prerequisites for accelerating economic growth and improving the quality of socio-economic development by modernizing approaches to the regulation of the labor market and reproduction of labor potential.Aim. The study aims to identify problems in ensuring economic growth in Russia by the workforce and to propose approaches to solving these problems.Tasks. The authors characterize the current rate and prospects of changes in economic growth in Russia; describe the problems of ensuring economic growth from the perspective of a factorial approach (through the example of the labor factor); analyze the causes of labor market imbalance and inefficient provision of workforce for the economy; propose recommendations on improving the process of ensuring economic growth by the workforce at the current stage of development of the Russian economy.Methods. This study applies methods of institutional, structural, and statistical analysis to the processes of economic growth and socio-economic development. A factorial approach to the description of economic growth is used during the analysis of this phenomenon. Its rate is determined by the quantity and quality of (resource) production factors. The labor factor is thoroughly analyzed. The problems of ensuring economic growth in Russia by the workforce are examined from the perspective of the systems approach using methodological techniques of variant and situation analysis.Results. The study substantiates the opinion that the modern Russian economy has stalled in a state of near-zero growth, mostly due to the low efficiency of the implemented socio-economic policy. It is therefore necessary to increase the rate of economic growth. The authors use the factorial approach (through the example of the labor factor) to examine the sufficiency of resourcing of economic growth with production factors. It is shown that, in light of the recent pension reform, workforce in modern Russia is sufficient and even superfluous. The key qualitative problems in the operation of the labor market are comprehensively analyzed, including the structural and quantitative discrepancy between specialist training in the educational system and labor requirements; overeducation of the population (people perform work that requires lower qualification than their actual level of education and/or professional training). This study shows the specificity of these problems and provides recommendations on solving them, which requires revising approaches to the development and implementation of the state economic policy.Conclusions. Russia has the resource capabilities (in terms of workforce) to intensify economic growth and make a breakthrough in socio-economic development. Analysis of the existing problems in this field shows that these issues can be solved. However, this requires a focused, systematic effort spearheaded by the government, which is impossible without improving the implemented state economic policy.

Studying of social and economic development of Russia (On the book by V. A. Mau “Crises and lessons. Russian economy ina turbulent epoch”)

2018 ◽  
pp. 146-154
Author(s):  
A. G. Aganbegyan
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Growth Rates ◽  
Market Reforms ◽  
New Economic Policy ◽  
Russian Economy ◽  
Social And Economic Development ◽  
Key Issues ◽  
Economic Growth Rates

The article considers the main topics of the book by V. A. Mau “Crises and lessons. Russian economy in a turbulent epoch” and in connection with this - the problems of Russia’s social and economic development in the period of market reforms. The key issues that reflect the specifics of the transformational crisis in Russia are formulated. The reasons of Russian economy stagnation in the mid-2010s are explained. The essence of a new economic policy and sources of accelerating economic growth rates in our country are analyzed.

What Economic Policy Does Russia Need Under Sanctions?

2014 ◽  
pp. 37-53 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Western Countries ◽  
Russian Economy ◽  
High Inflation ◽  
New Situation

The long-held problems of Russian economy (low economic growth, high inflation, etc.) are now coupled with a new set of issues - sanctions deployed against Russia by the leading Western countries. The new situation reinforces the need for alternative mechanisms which will allow to strengthen economic development in the new environment.

On the Place of Russian Economy in the World (Basing on the New Data on International GDP Comparisons)

2011 ◽  
pp. 43-55
Author(s):  
A. Aganbegyan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic Potential ◽  
Global Crisis ◽  
New Model ◽  
Russian Economy ◽  
The World ◽  
Socio Economic Development

The article considers comparisons of Russias GDP with other countries basing on the new data recently presented by OECD-Eurostat. The economic potential of Russia is analyzed in retrospect of 20 years with forecast for mid- and long-term. Special attention is paid to new conditions of economic growth that have formed after the global crisis. The necessity of transition of our country to a new model of socio-economic development in order to accelerate it is grounded.

On Economic Development and Other Issues in the Context of Future Achievements in Science and Technology

2008 ◽  
pp. 39-46 ◽  
Author(s):  
V. Makarov
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Main Idea ◽  
State Intervention ◽  
Economic Thought ◽  
Human Potential ◽  
Knowledge Based ◽  
Russian Economy ◽  
Knowledge Based Economy

The appeals to minimize state intervention in the Russian economy are counterproductive. However the excessive involvement of the state is fraught with the threat of building nomenclature capitalism. That is the main idea of the series of articles by prominent representatives of Russian economic thought who formulate their position on key elements of the long-term strategy of Russia’s development. The articles deal with such important issues as Russia’s economic policy, transition to knowledge-based economy, basic directions of monetary and structural policies, strengthening of property rights, development of human potential, foreign economic priorities of our state.

Russian low carbon development strategy

2020 ◽  
pp. 51-74
Author(s):  
I. A. Bashmakov
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Low Carbon ◽  
Security Risk ◽  
Ghg Emission ◽  
Emission Mitigation ◽  
Russian Economy ◽  
The Russian Federation ◽  
Scenario Projections

The article presents the key results of scenario projections that underpinned the Strategy for long-term low carbon economic development of the Russian Federation to 2050, including analysis of potential Russia’s GHG emission mitigation commitments to 2050 and assessment of relevant costs, benefits, and implications for Russia’s GDP. Low carbon transformation of the Russian economy is presented as a potential driver for economic growth that offers trillions-of-dollars-worth market niches for low carbon products by mid-21st century. Transition to low carbon economic growth is irreversible. Lagging behind in this technological race entails a security risk and technological backwardness hazards.

The Reproduction Vector of the Russian Economy: 1999-2007

2008 ◽  
pp. 94-109 ◽  
Author(s):  
D. Sorokin
Keyword(s):  
Economic Policy ◽  
Human Capital ◽  
Growth Rates ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Real Sector ◽  
Russian Economy ◽  
Per Capita ◽  
The Developed Countries

The problem of the Russian economy’s growth rates is considered in the article in the context of Russia’s backwardness regarding GDP per capita in comparison with the developed countries. The author stresses the urgency of modernization of the real sector of the economy and the recovery of the country’s human capital. For reaching these goals short- or mid-term programs are not sufficient. Economic policy needs a long-term (15-20 years) strategy, otherwise Russia will be condemned to economic inertia and multiplying structural disproportions.

Economic Development in 2006 and the Future of the Russian Economy: The Non-Resource-Based Sector Potential (The Economic Report of All-Russia Business Union “Delovaya Rossiya”)

2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan
Keyword(s):  
Economic Development ◽  
Free Market ◽  
Economic Report ◽  
Russian Economy ◽  
The Social ◽  
National Economic ◽  
Investment Capital ◽  
Export Industries ◽  
Sustainable Economic Growth

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.

The Quality of Kazakhstan’s Economic Policy and Balance of Payments

2008 ◽  
pp. 120-132
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Balance Of Payments ◽  
Foreign Investors ◽  
Negative Balance ◽  
Macroeconomic Efficiency

Kazakhstan’s economic policy in 1996-2007, its character and the degree of responsibility, the correlation between economic development and balance of current accounts are considered in the article. Special attention is paid to the analysis of their macroeconomic efficiency. It is concluded that in conditions of high rates of economic growth in Kazahkstan in 2000-2007 the net profits of foreign investors are 10-11% of GDP every year. The tendency of negative balance of current accounts in favor of foreign investors is also analyzed.

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