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Russia’s socioeconomic policy in 2018: national goals and a model of economic growth

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  • Mau Vladimir

    (RANEPA)

Abstract

A number of unique anniversaries fell in 2018–2019: 30 years since the collapse of the communist system, 20 years since the start of the Asian economic crisis, 20 years since the introduction of the Euro (the new currency was introduced into noncash circulation on 1 January 1999), and 10 years since the development of the global structural crisis. There is a specific date that is important in the history of the Russian economy and economic policy: in 1999 the ten-year decline changed to economic growth, which led to doubling the GDP and a restoration of the pre-crisis level by 2008. These are not just anniversaries of events that remain in the past but key milestones of socioeconomic development that in many ways formed the priorities and phobias of the political elite of the world’s leading countries, both developed and developing. These events of the past continue to have significant influence of today’s economic policy.

Suggested Citation

  • Mau Vladimir, 2019. "Russia’s socioeconomic policy in 2018: national goals and a model of economic growth," Published Papers ppaper-2019-965, Gaidar Institute for Economic Policy, revised 2019.
    • Handle: RePEc:gai:ppaper:ppaper-2019-965
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2019-965.pdf
    File Function: Revised Version, 2019
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    Cited by:

    1. Vicente German-Soto & Gregory Brock, 2023. "Before the isolation: Russian regional β-convergence 2001–2019 before the pandemic and Ukrainian war," Economic Change and Restructuring, Springer, vol. 56(4), pages 2729-2746, August.

    More about this item

    Keywords

    Russian economy; economic growth; economic crisis;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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