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Taking into consideration the specifics of the Russian economy such as dependency on oil and gas drilling & production, and including the current context of the Western sanctions, COVID-19 pandemic, as well as somewhat idiosyncratic potential output development, the main aim of this paper is to...
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through weaker growth of investment, employment, and productivity …
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avoid the negative potential growth differentials by 2020-23. Total factor productivity was insufficient to avoid a …
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