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Analysis of the economic activity in the pre-crisis period of 2000-2008. shows a steady decrease in the efficiency of actual production in Russia. Many businesses come to a threshold of bankruptcy: the profitability and financial strength are low, their products are not competitive, sources of...
Persistent link: https://www.econbiz.de/10015233601
In March 2018, President of Russia Vladimir Putin designated the target of increasing per capita GDP of the Russian population 1.5 times by 2024. In order to meet this target, GDP would be required to grow by 6% a year between 2018 and 2024. This is a challenging task as the last time growth...
Persistent link: https://www.econbiz.de/10015259667
The Russian Government remains committed to the resource model. Every year more and more difficult to meet the country's needs for material wealth at the expense of resource revenues. The biggest debate is to validate the measures and forms of government involvement in the economy. The results...
Persistent link: https://www.econbiz.de/10015238617
In 2003, President of Russia Vladimir Putin set the task of doubling the GDP. However, this task is yet to be accomplished. Why this goal has not been achieved yet? What needs to be done to double Russia’s GDP? To answer these questions is exactly what this paper sets out to do. We can see...
Persistent link: https://www.econbiz.de/10015248940
People recognized the important role played by money a long time ago. But it was only approximately 50 years ago that Milton Friedman convincingly proved that change in the quantity of money in the economy may have a very serious effect on the GDP. This paper reveals a most intimate non-linear...
Persistent link: https://www.econbiz.de/10015249437
An investigation of conceptual problems of market relations in Russia has enabled the authors to determine an out line of a new development model, strategies of economics policy and starting institutional reorganization minimum measures, which provide the development of proper programs for the...
Persistent link: https://www.econbiz.de/10015254416
The purpose of social-economic development is defined by the country leaders accurately and clearly: by 2020 Russia must be included in a set of the most developed countries. Naturally, with the present rates of economic growth and lots of crisis problems of economy it can't be reached, and the...
Persistent link: https://www.econbiz.de/10015254426
This paper investigates the possibility of conducting an unconventional monetary policy of Quantitative easing (QE) at high interest rates using the example and experience of Russia. The Central Bank of the Russian Federation has raised the key interest rate on three occasions during the 7...
Persistent link: https://www.econbiz.de/10015243826
Savings are a huge boon for the economy. This means both growth today and prospects for growth tomorrow. This is both an investment resource and a medicine for inflation. However, mistakes made in managing the savings by economic authorities, may turn everything upside down and then the savings...
Persistent link: https://www.econbiz.de/10015248884
Key discussions regarding Russia's economic policy are now taking place between the two camps of economists. The foremost proponent of the ideas in the first camp is Alexey Kudrin, former Vice-Prime Minister, PhD in Economics. The second camp has crystalized itself around Sergey Glaziev, Advisor...
Persistent link: https://www.econbiz.de/10015250439