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Social and economic development of Russia: Finding new dynamics

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  • Medvedev, Dmitry

Abstract

This paper addresses Russian economic development and economic policy in 2015–2016. The analysis focuses on external and domestic challenges as well as the anti-crisis policy of the Russian government. Special attention is paid to key elements of the new model of economic growth in Russia. The paper discusses economic policy priorities for sustainable growth that include budget efficiency, structural reforms and import substitution, the encouragement of entrepreneurship, the efficiency of public administration, and the modernization of the welfare state.

Suggested Citation

  • Medvedev, Dmitry, 2016. "Social and economic development of Russia: Finding new dynamics," Russian Journal of Economics, Elsevier, vol. 2(4), pages 327-348.
    • Handle: RePEc:eee:rujoec:v:2:y:2016:i:4:p:327-348
    DOI: 10.1016/j.ruje.2016.11.001
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    References listed on IDEAS

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    1. Eichengreen, Barry, 2016. "Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-and Misuses-of History," OUP Catalogue, Oxford University Press, number 9780190621070.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly, Princeton University Press.
    3. D. Medvedev., 2015. "A New Reality: Russia and Global Challenges," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 10.
    4. Thomas Piketty, 2015. "About Capital in the Twenty-First Century," American Economic Review, American Economic Association, vol. 105(5), pages 48-53, May.
    5. Medvedev, Dmitry, 2015. "A new reality: Russia and global challenges," Russian Journal of Economics, Elsevier, vol. 1(2), pages 109-129.
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    Cited by:

    1. ErLe Du & Meng Ji, 2021. "Analyzing the regional economic changes in a high-tech industrial development zone using machine learning algorithms," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-18, June.
    2. Waspodo Tjipto Subroto & Yatim Riyanto & Maria Veronika Roesminingsih & Wahyu Sukartiningsih, 2017. "Perception of Society toward Populist Economic Policy for Development Economic: Empirical Research in East Java," International Journal of Economics and Financial Issues, Econjournals, vol. 7(5), pages 1-5.
    3. Vladimir Tyurnin A. & В. Тюрнин А., 2017. "Этические финансы и обеспечение финансовой безопасности населения // Ethical Finance and Financial Security of the Population," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 10(4), pages 42-48.
    4. Peter Holicza & Kseniia Baimakova & Ekaterina Lukina, 2016. "Russian Socio-Economic Development: The Present Situation and Future Directives," Proceedings of FIKUSZ 2016, in: Regina Zsuzsánna Reicher (ed.),Proceedings of FIKUSZ '16, pages 7-18, Óbuda University, Keleti Faculty of Business and Management.
    5. A. M. Kalinin, 2019. "The Export Potential of the Russian Economy: Targets and State Policy Requirements," Studies on Russian Economic Development, Springer, vol. 30(4), pages 474-480, July.
    6. Muhammad Iqbal Khan & Syed Haider Ali Shah & Aftab Haider & Shahab Aziz & Munaza Kazmi, 2020. "The Role of Supervisor Support on Work-Family Conflict and Employee Turnover Intentions in the Workplace with Mediating Effect of Affective Commitment in Twin Cities in the Banking Industry, Pakistan," International Review of Management and Marketing, Econjournals, vol. 10(6), pages 42-50.

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    More about this item

    Keywords

    economic policy; economic growth; import substitution; global crisis; anti-crisis policy; Russia;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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