| In the section | Review, discussion, criticism |
| Title of the article | On the Growth Strategies of the Russian Economy |
| Pages | 158-167 |
| Author 1 | Pavel Aleksandrovich Minakir Academician, Doctor of Economics, Professor, Director Economic Research Institute FEB RAS 153 Tikhookeanskaya Street, Khabarovsk, Russia, 680042 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | The author discusses two alternative growth strategies of the Russian economy provided at a Presidium meeting of the Economic Council under the Russian President. The first strategy by S. Glazyev and B. Titov (Stolypin’s club) suggests an increase of money supply, moderate inflation and rising budget expenditures with a simultaneous lowering of taxation. The second strategy by A. Kudrin (Center for Strategic Research) is based on restricting the money supply, tight control of inflation, reduction of budget expenditures and tax increases. The proposed strategies coincide in opposing the growth of incomes, especially wages, and the need for institutional reforms with different emphases (reforms of economic regulation in the former case and administrative reforms in the latter). |
| Code | 330.3 |
| DOI | 10.14530/se.2016.2.158-167 |
| Keywords | strategy ♦ growth concept ♦ regulator ♦ macroeconomic policy ♦ shocks ♦ crisis ♦ compensators ♦ Russia |
| Download | SE.2016.2.158-167.Minakir.pdf |
| For citation | Minakir P.A. On the Growth Strategies of the Russian Economy. Prostranstvennaya Ekonomika = Spatial Economics, 2016, no. 2, pp. 158-167. DOI: 10.14530/se.2016.2.158-167. (In Russian). |
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