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Russia «in the mirror» of OECD and world economy

Author

Listed:
  • Valeriy Vladislavovich Smirnov

    (Chuvash state University named after I. N. Ulyanov, Cheboksary, Chuvashskaya Respublika, Russian Federation)

  • Alena Vladimirovna Mulendeeva

    (Chuvash state University named after I. N. Ulyanov, Cheboksary, Chuvashskaya Respublika, Russian Federation)

Abstract

The subject of the research is the dynamic properties of Russia’s economic development «in the mirror» of the OECD and the world. The article presents a forecast based on the analysis of changes in the growth rates of net investment in non-financial assets, tax revenues, expenses, high-tech exports, research and development costs, unemployment, the broad money supply, the index-deflator of GDP, imports and exports of goods, real GDP per capita in the associated time series, with the subsequent linear approximation of the least squares method in the future and the calculation of the average rate of growth for 2002 - 2020. It is shown that the Russian economy is the leader of buoyant development of world economic activity, which has a high status of stability.

Suggested Citation

  • Valeriy Vladislavovich Smirnov & Alena Vladimirovna Mulendeeva, 2018. "Russia «in the mirror» of OECD and world economy," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 5, pages 112-126, May.
    • Handle: RePEc:alq:rufejo:rfej_2018_05_112-126
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