Sustaining Growth in a Resource-Based Economy: The Main Issues and the Specific Case of Russia

This paper argues that the challenges posed by resource dependence, which include an increased vulnerability to external shocks, the risk of Dutch disease and the risk of development specific institutional pathologies, can be overcome, or at least very substaintially mitigated, if accompanied by the right economic policies.

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Year of publication:	2005-09
Authors:	Ahrend, Rudiger
Institutions:	Economic Commission for Europe (UN-ECE), United Nations
Subject:	Russia \| resource abundance \| dutch disease \| economic growth

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Extent:	application/pdf
Series:	ECE Discussion Papers Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in UNECE Discussion Paper Series, No. 2005_3 Number 2005_3 24 pages
Classification:	O11 - Macroeconomic Analyses of Economic Development ; O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; O24 - Trade Policy; Factor Movement Policy; Foreign Exchange Policy ; O52 - Europe ; P28 - Natural Resources; Energy; Environment ; Q33 - Resource Booms ; Q43 - Energy and the Macroeconomy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005087081