Bericht

Long-term challenges to Russian economic policy

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.

Language
Englisch

Bibliographic citation
Series: BOFIT Policy Brief ; No. 11/2021

Classification
Wirtschaft
Subject
Russia
economic policy
development plans
economic growth

Event
Geistige Schöpfung
(who)
Simola, Heli
Event
Veröffentlichung
(who)
Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT)
(where)
Helsinki
(when)
2021

Handle
URN
urn:nbn:fi:bof-202111302128
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Simola, Heli
  • Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT)

Time of origin

  • 2021

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