Actual problems of the business and economic policy of Russia

In the framework of broad philosophic and historical context the author conducts comparative analysis of the conditions for assimilating liberal values in leading countries of the modern world and in Russia. He defends the idea of inevitable forward movement of Russia on the way of rationalization and cultivation of all aspects of life, but, to his opinion, it will occur not so fast as the "first wave" reformers thought and in other ideological and sociocultural forms than in Europe and America. The author sees the main task of the reformist forces in Russia in consolidation of the society and inplementation of socially responsible economic policy.

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Actual Problems of Economic Policy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2003-12-23-38 ◽

2003 ◽

pp. 23-38 ◽

Cited By ~ 1

Author(s):

M. Ershov

Keyword(s):

Economic Growth ◽

Economic Policy ◽

Foreign Exchange ◽

World Economy ◽

Domestic Economy ◽

The World ◽

Exchange Policy ◽

Effective Integration

At present Russia faces the task of great importance - effective integration into the world economy. The success of this process largely depends on the strength of the domestic economy and stable economic growth. To attain such a goal certain changes in economic approaches are required which imply more active, focused and concerted steps in the monetary, fiscal and foreign exchange policy.

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Towards New Policy Incentives for Fixed Capital Investment and Technological Upgrades in Russia

Voprosy Ekonomiki ◽

10.32609/0042-8736-2011-6-43-56 ◽

2011 ◽

pp. 43-56

Author(s):

A. Apokin

Keyword(s):

Economic Policy ◽

Capital Investment ◽

Empirical Studies ◽

Fixed Capital ◽

Policy Framework ◽

Private Companies ◽

Russian Economy ◽

Technological Modernization ◽

Fixed Capital Investment ◽

Policy Incentives

The paper approaches the problem of private fixed capital underinvestment in Russia. The author uses empirical studies of the Russian economy and cases of successful technological modernization to outline several groups of disincentives for private companies to perform fixed capital investment in Russia. To counter these constraints, a certain incentive-based economic policy framework is developed.

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Between Modernization and Stagnation: Economic Policy in 2012

Voprosy Ekonomiki ◽

10.32609/0042-8736-2013-2-4-23 ◽

2013 ◽

pp. 4-23 ◽

Cited By ~ 9

Author(s):

V. Mau

Keyword(s):

Economic Policy ◽

Economic Development ◽

Russian Economic Development ◽

Structural Transformation ◽

Economic Performance ◽

Historical Analysis ◽

Oil Boom ◽

The World

The paper deals with the trends in the world and Russian economies towards development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed basing on historical analysis of Russian economic performance since 1970-s when oil boom started. On this basis key challenges of economic policy in 2013 are discussed.

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Post-crisis Structure of Economy and Organization of Coalitions for Innovations

Voprosy Ekonomiki ◽

10.32609/0042-8736-2008-4-25-43 ◽

2008 ◽

pp. 25-43 ◽

Cited By ~ 2

Author(s):

L. Grigoriev ◽

S. Plaksin ◽

M. Salikhov

Keyword(s):

Economic Policy ◽

Development Strategy ◽

Methodological Approach ◽

International Comparisons ◽

Soviet Economy ◽

Institutional Changes ◽

Russian Economy ◽

Analytical Group

The article develops methodological approach to the analysis of groups of interests’ influence on the choice of Russia’s development strategy. It is possible to pass on to the analysis of specific issues of economic policy by forming several sub-groups in every "analytical" group. The article also considers the structure of Russian economy which was formed as a result of transformational crisis’ influence on Soviet economy, and relevant international comparisons. Main alternative ways of transition to innovational development are the renewal of Soviet "triangle economy" (the scenario "Mobilization") and complex institutional changes (the scenario "Modernization").

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The end of Alchemy of Finance and Sovereign Money (on the books by M. King “The end of Alchemy: Money, Banking and the Future of the Global Economy” and by J. Huber “Sovereign Money. Beyond Reserve Banking”)

Voprosy Ekonomiki ◽

10.32609/0042-8736-2017-12-131-141 ◽

2017 ◽

pp. 131-141 ◽

Cited By ~ 2

Author(s):

V. Yefimov

Keyword(s):

Economic Policy ◽

Central Bank ◽

Institutional Theory ◽

Money Supply ◽

Government Spending ◽

Global Economy ◽

Private Banks ◽

Money Creation ◽

Ministry Of Finance ◽

Reserve Banking

The review discusses the institutional theory of money considered in the books by King and Huber, and the conclusions that follow from it for economic policy. In accordance with this theory, at present the most of the money supply is created not by the Central Bank but by private banks. When a bank issues a loan, new money is created, and when the loan is repaid this money is destructed. The concept of sovereign money involves the monopoly of money creation of the central bank. In this case the most of newly created money is handed over to the ministry of finance to implement government spending.

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Forming Sources of Long-run Growth: How to Understand Them?

Voprosy Ekonomiki ◽

10.32609/0042-8736-2014-3-4-20 ◽

2014 ◽

pp. 4-20 ◽

Cited By ~ 10

Author(s):

G. Idrisov ◽

S. Sinelnikov-Murylev

Keyword(s):

Economic Growth ◽

Growth Rate ◽

Economic Policy ◽

Business Cycle ◽

Capital Markets ◽

Productivity Growth ◽

Government Spending ◽

Long Run ◽

Accelerate Growth ◽

Budget Institutions

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.

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