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We examine macroeconomic developments in Russia in the latter half of the 1990s and the beginning of the 21st century. In this context we discuss the exchange rate of the rouble, the world market price of oil and the significance of reforms. Then we analyse Russia’s growth prospects by...
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In this article, we analyze the factors and circumstances behind the slowdown of Russia's economic growth. The recovery phase that followed the 2008-9 crisis has ended. The raw materials export model of production has reached its limit for rapid growth. The reduced flow of monetary and financial...
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In the short term, Russia will have low investment activity both on the part of foreign and domestic investors due to the low quality of the institutional environment and high risks. Analysis of various indices movement demonstrates that so far there are no preconditions for wide scale private...
Persistent link: https://www.econbiz.de/10012986106
This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president Putin. Furthermore, regular models of growth are...
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This Essay surveys recent developments across the fields of finance and innovation to highlight some common themes concerning the importance of property rights to economic success. Society regularly makes choices when shaping the precise contours of the legal institutions that govern the...
Persistent link: https://www.econbiz.de/10014216567