The prospects of Russian economic growth recovery (Proceedings of the roundtable discussion at the XXI April international academic conference on economic and social development)

2020 ◽  
pp. 5-50
Author(s):  
N. A. Akindinova ◽  
M. P. Dabrowski ◽  
A. A. Shirov ◽  
D. R. Belousov ◽  
I. B. Voskoboynikov ◽  
...  

The issues to be discussed at the panel included: can past experience of economy recovery following crises of 1998 and 2008 be helpful at present; what sectors were driving growth of the Russian economy in the last decade, and are they able to perform this role in the future; what growth rate is feasible in 2021; what amendments to the national projects aimed at boosting growth are likely. In addition to that the panel participants specified key factors affecting productivity and output trends in Russia, suggested ways to support economy in the course of “coronacrisis”, and pointed out to economic policy measures that could accelerate economic growth.

2014 ◽  
pp. 4-20 ◽  
Author(s):  
G. Idrisov ◽  
S. Sinelnikov-Murylev

The paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. The authors consider three components of growth rate (potential, Russian business cycle and world business cycle components) and conclude that in order to pursue an effective economic policy to accelerate growth, it has to be addressed to the potential (long-run) growth component. The main ingredients of this policy are government spending restructuring and budget institutions reform, labor and capital markets reforms, productivity growth.


Author(s):  
Yun Li ◽  
Moming Li ◽  
Megan Rice ◽  
Haoyuan Zhang ◽  
Dexuan Sha ◽  
...  

Social distancing policies have been regarded as effective in containing the rapid spread of COVID-19. However, there is a limited understanding of policy effectiveness from a spatiotemporal perspective. This study integrates geographical, demographical, and other key factors into a regression-based event study framework, to assess the effectiveness of seven major policies on human mobility and COVID-19 case growth rates, with a spatiotemporal emphasis. Our results demonstrate that stay-at-home orders, workplace closures, and public information campaigns were effective in decreasing the confirmed case growth rate. For stay-at-home orders and workplace closures, these changes were associated with significant decreases (p < 0.05) in mobility. Public information campaigns did not see these same mobility trends, but the growth rate still decreased significantly in all analysis periods (p < 0.01). Stay-at-home orders and international/national travel controls had limited mitigation effects on the death case growth rate (p < 0.1). The relationships between policies, mobility, and epidemiological metrics allowed us to evaluate the effectiveness of each policy and gave us insight into the spatiotemporal patterns and mechanisms by which these measures work. Our analysis will provide policymakers with better knowledge regarding the effectiveness of measures in space–time disaggregation.


2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.


2018 ◽  
Vol 9 (1) ◽  
pp. 94-104 ◽  
Author(s):  
Mianhao Hu ◽  
Yunlin Hu ◽  
Juhong Yuan ◽  
Fucai Lu

Abstract Current population growth coupled with industrial growth has caused water supply to be outstripped by human demand. Understanding water consumption (WC) decoupling patterns and the factors affecting the decoupling status are essential for balancing economic growth and WC. This study determines the decoupling relationship between WC and economic growth in Jiangxi Province, China, and the driving factors were determined by the Tapio decoupling model and the logarithmic mean Divisia index method. Results showed that changes in the industrial structure in Jiangxi Province resulted in corresponding changes in WC structure. Analysis of the decoupling relationship showed that the decoupling state between WC and economic growth for primary industry was very unstable and largely volatile from 1999 to 2015, but showed a good decoupling status for secondary and tertiary industries. The largest cumulative effects on WC were economic development and technology, which were positive and negative drivers of WC changes, contributing 1,406.14% and −902.96% to the total effect of WC, respectively. The findings can help Jiangxi government identify the key factors influencing the decoupling effect, and formulate effective policies to reduce WC, which will benefit the harmonious development of economy, society and water resources in Jiangxi Province.


Author(s):  
Dmitriy Y. Ivanov ◽  
Tali Mahdi Mohammed Tali

The article discusses the problem of modeling the functional dependence of the volume of loans issued and the growth rate of the Russian economy. The relevance of this study is due to the need to identify the factors affecting the growth of the indicator of real gross domestic product. The analyzed domestic and foreign sources do not provide a single set of factors affecting the growth rate of the national economy, highlighting financial mechanisms, production processes, lending volumes to individuals and legal entities, investment activity, etc. The article notes the problem of the formation of a multifactor model of the influence of various parameters on the indicator of the growth rate of the national economy. The process of modeling the functional dependence of GDP on the elements of the influence vector is complicated by the specifics of statistical data. In order to avoid such problems associated with series cointegration, a vector error correction model was proposed. The model was tested on statistical data of organizations in the banking sector and enterprises of the real sector of the Russian economy. It was revealed that under the existing conditions of organizing the lending process, the banking system works not so much to increase production volumes as to maintain the level of the financial condition of economic entities (maintaining the level of liquidity and increasing financial investments), while not contributing to a change in the overall structure of the Russian economy. The developed vector model of error correction makes it possible to measure deviations from equilibrium and the rate of its recovery, which indicates the greater efficiency of this technique. At the same time, the above results allow us to conclude that in the presence of a positive relationship between the volume of lending and the main indicators, the degree of influence of lending on economic growth is generally insignificant


Author(s):  
V. Tsibulskiy

The article presents analytical estimates of the relationship between such economic characteristics as gross domestic product, energy consumption and the degree of complexity of the economy, characterized by the number of stages of product conversion. These estimates are largely based on statistics for the world economy and the Russian economy. Considering, within the framework of the presented model, the possibility of increasing the GDP growth rate of the domestic economy will require a signifi cant reduction in energy tariff s and an increase in the scale of its production.


Author(s):  
V. Meliantsev ◽  
L. Matiunina

The paper, based on a series of indices and new data, as well as author’s computations and models, critically evaluates main achievements and costs of the PRC’s impressive economic growth during the last 40 years. It analyzes and reassesses dimensions, key factors and consequences of Chinese economic breakthrough for the global economy.


2006 ◽  
pp. 119-136 ◽  
Author(s):  
V. Mironov ◽  
S. Pukhov

The tendencies and prospects of the Russian economy development as an energy net-exporter country are considered in the context of perspective supply-demand dynamics in the world energy markets. Medium- and long-term prospects of oil and gas prices dynamics as one of the key factors of economic growth in Russia in the post-crisis period are analyzed. It is shown that due to predicted slowing of the world energy demand growth rates and strengthening in this connection of the competition in the traditional Russian markets the dual Russian economy character (it is not only a producer, but also a rather intensive consumer of energy) makes the problem of internal economy diversification very urgent. A conclusion is made that it is necessary to carry out preventive measures aimed at accelerated transformation of the Russian gas sector (or in addition to the oil sector) into a major factor of economic growth.


2018 ◽  
pp. 136-155 ◽  
Author(s):  
V. M. Polterovich ◽  
A. P. Zaostrovtsev ◽  
E. T. Gurvich ◽  
N. A. Volchkova ◽  
L. M. Grigoryev ◽  
...  

The selection of the trajectories of professional development by economic researches and economic analysts today is largely determined by formal criteria for assessing the results of their activity on the part of financing organizations. As has been shown in a number of works, such a formalized assessment may distort the incentives for studying the surrounding reality and adversely affect the formation of the professional community. In this connection, at the initiative of the Association of Russian Economic Think Tanks (ARETT), a roundtable discussion was held in the framework of the XIX April international academic conference of the National Research University Higher School of Economics (Moscow, April 10—13, 2018) where these and related issues were discussed. The discussion was moderated by ARETT president A. A. Yakovlev.


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