Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/251712 
Authors: 
Year of Publication: 
2021
Series/Report no.: 
BOFIT Policy Brief No. 11/2021
Publisher: 
Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT), Helsinki
Abstract: 
Russia's economic growth slowed substantially over the past decade. To improve its long-term growth outlook, Russia must deal with structural problems. While the country has not lacked for ambitious development plans, the results of late have been rather thin. We discuss some of the key challenges facing the Russian economy and policy responses. Considering Russia's recent economic policy in light of the economic literature and potential reasons for its successes and failures, we suggest the focus of the country's current economic policy framework is too narrowly drawn to achieve a significant acceleration in long-term growth.
Subjects: 
Russia
economic policy
development plans
economic growth
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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