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Russia’s economic policy in 2015–2016: the imperative of structural reform

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  • Vladimir Mau

Abstract

In the aftermath of the global economic crisis, we have seen uneven development in the leading advanced and emerging economies, new models of economic growth that vary from country to country, uncertain prospects for globalization and challenges of “regional globalization,” looming currency re-configurations, as well as shifting energy price dynamics and their influence on political and economic prospects of particular states. This paper discusses current challenges for social and economic policy in the context of the history of the past 30 years. With reference to Russia, it focuses on a new growth model, structural transformation (including import-substitution issues), economic dynamics, fiscal and monetary concerns, and social issues. It concludes by addressing the priorities of economic policy.

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  • Vladimir Mau, 2017. "Russia’s economic policy in 2015–2016: the imperative of structural reform," Post-Soviet Affairs, Taylor & Francis Journals, vol. 33(1), pages 63-83, January.
    • Handle: RePEc:taf:rpsaxx:v:33:y:2017:i:1:p:63-83
    DOI: 10.1080/1060586X.2016.1215679
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    Cited by:

    1. Jakub Horak, 2021. "Sanctions as a Catalyst for Russia’s and China’s Balance of Trade: Business Opportunity," JRFM, MDPI, vol. 14(1), pages 1-26, January.
    2. Xiaoguang Wang, 2020. "Leadership-building dilemmas in emerging powers’ economic diplomacy: Russia’s energy diplomacy and China’s OBOR," Asia Europe Journal, Springer, vol. 18(1), pages 117-138, March.

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