Russian Federation; Selected Issues
The Selected Issues paper on the Russian Federation discusses the economic growth and future growth potential of the country. After almost a decade of impressive growth performance, Russia suffered a sharp contraction in 2009 with GDP falling by 8 percent. This paper gives an overview of the conceptual issues regarding potential growth and the analytical framework based on an exogenous growth model; growth accounting results for Russia in the past decade; and importance of structural reforms to achieve sustained high growth.
Year of publication: |
2012-08-03
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Banking sector | Budget deficits | Budgets | Economic growth | Nonoil sector | Selected issues | Russian Federation | capital utilization | capital stock | gdp growth | growth rate | growth accounting | growth model | growth rates | cost of capital | capital accumulation | growth theories | gdp per capita | total factor productivity | exogenous shocks | business cycle | rate of growth | per capita income level | capital service | per capita income |
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