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Persistent link: https://www.econbiz.de/10011737033
The ratings of economic and political institutions are well-known and widely used in the Social Science literature. These ratings are heavily relied on Experts' evaluations with subjective ordinal ranking (i.g., from -10 to 10 points). Such evaluations can be occasionally driven by ideological...
Persistent link: https://www.econbiz.de/10010929542
The model of the Russian economy that was formed in the 2000s does not match a new stable growth path, though it helped to calmly overcome the crisis of 2008 and 2009. The state needs to provide stability in the fields under its direct control, i.e. the budgetary and monetary policies. In the...
Persistent link: https://www.econbiz.de/10009687814
The taxation reform in the oil and oil-refining industries in 2014 – the ‘tax maneuver' – was designed to boost the performance of domestic oil refineries. In late 2015, the planned reduction of export duty was suspended in order to keep unchanged the volume of tax-generated revenues...
Persistent link: https://www.econbiz.de/10012985814
Aiming to become one of the world's top five economies, Russia's economy should advance in real terms by 30% (in nominal terms by 50%) by 2024 over 2016. To reach this goal, investments should represent up to 25% of GDP by 2024. Economic boost can be driven by key investment-led sectors, namely...
Persistent link: https://www.econbiz.de/10012910212
This article examines the relationship between government budgetary policy and the pursuit of accelerated economic growth. The authors review the academic debate over long-term economic growth and associated short-term fluctuations and conclude that Russian budgetary intended to smooth...
Persistent link: https://www.econbiz.de/10013071683
The paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. Authors consider three components of growth rate (potential, Russian and world business cycles) and conclude that in order to pursue an effective economic policy to accelerate growth, it...
Persistent link: https://www.econbiz.de/10013053989
Persistent link: https://www.econbiz.de/10011794650