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A Golden Rule for Russia? How a Rule-Based Fiscal Policy Can Allow a Smooth Adjustment to the New Terms of Trade

Gianella, Christian - 2007

The Russian economy continues to grow strongly, buoyed by rising terms of trade, which, in turn, are supporting a boom in domestic consumption. This paper addresses the challenge that the adjustment to sustained high oil prices poses for macroeconomic management. It first examines the impact of...

Persistent link: https://www.econbiz.de/10012445915

A Golden Rule for Russia? How a Rule-Based Fiscal Policy Can Allow a Smooth Adjustment to the New Terms of Trade

Gianella, Christian - Economics Department, Organisation de Coopération et … - 2007

Persistent link: https://www.econbiz.de/10005045780

How to Sustain Growth in a Resource Based Economy? : The Main Concepts and their Application to the Russian Case

Ahrend, Rudiger - 2006

facilitate their successful implementation. The paper thereafter looks specifically at Russia as a prominent example of a …

Persistent link: https://www.econbiz.de/10012444649

Accounting for Russia's Post-Crisis Growth

Ahrend, Rudiger - 2004

This paper provides an in depth analysis of Russia’s recent growth, with a view to understanding the prospects for its … macroeconomic environment conducive to strong growth. Looking forward, it is argued that - given its economic structure - Russia is …

Persistent link: https://www.econbiz.de/10012445229

How to Sustain Growth in a Resource Based Economy?: The Main Concepts and their Application to the Russian Case

Ahrend, Rudiger - Economics Department, Organisation de Coopération et … - 2006

facilitate their successful implementation. The paper thereafter looks specifically at Russia as a prominent example of a …

Persistent link: https://www.econbiz.de/10005045957

Accounting for Russia's Post-Crisis Growth

Ahrend, Rudiger - Economics Department, Organisation de Coopération et … - 2004

Persistent link: https://www.econbiz.de/10005049019

Towards a Flexible Exchange Rate Policy in Russia

Beck, Roland; Barnard, Geoff - Economics Department, Organisation de Coopération et … - 2009

In the years preceding the onset of the global financial crisis, the Central Bank of Russia (CBR) had two goals: to … reduce inflation and limit the real appreciation of the rouble. Given the strength of Russia’s balance of payments during the … crisis in 2008-09 Russia’s monetary policy was initially constrained by a large degree of private debt dollarisation. After a …

Persistent link: https://www.econbiz.de/10008498033

The effect of structural reforms: Do they differ between GDP and adjusted household disposable income?

Botev, Jarmila - 2022

The paper considers whether structural reforms have a different impact on adjusted household disposable income (AHDI) compared to GDP, particularly given that while the latter is currently used as the basis for the OECD Economics Department’s framework for evaluating the effect of structural...

Persistent link: https://www.econbiz.de/10013278604

A Small Global Forecasting Model

Rae, David - 2001

This paper describes the OECD’s new small global forecasting model for the three main OECD economic regions: the United States, the euro area, and Japan. The key variables – which include output, inflation, the trade balance, and import prices – are driven by monetary and fiscal policy,...

Persistent link: https://www.econbiz.de/10012443089

A Post-Mortem on Economic Outlook Projections

Koutsogeorgopoulou, Vassiliki - 2000

This paper reviews the accuracy of the OECD Economic Outlook projections — both “current year” and “year ahead” — for output growth, inflation and current account balances (as a percentage of GDP) for the major seven countries, as well as projections for world trade growth. The...

Persistent link: https://www.econbiz.de/10012444113

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