Between crises and sanctions: economic policy of the Russian Federation
Between crises and sanctions: economic policy of the Russian Federation
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危机与制裁之间：俄罗斯联邦的经济政策
DOI：
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发表时间：
2016
期刊：
影响因子：
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通讯作者：
V. Mau
中科院分区：
文献类型：
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作者：
V. Mau
本文分析了2014-2015年俄罗斯经济危机的根源和特点，认为这是结构性和体制性问题以及周期性和外部冲击的综合结果。基于2000年代石油和天然气出口的巨额意外收入的需求侧经济增长模式现在已经枯竭，该国需要转向新的供应侧增长模式。动员和自由化是作为两个关键的经济政策备选方案加以讨论的。分析包括历史回顾，从20世纪世纪的经济发展中提供了一些重要的经验教训：大萧条和滞胀时期，苏联的工业化辩论和改革，苏联的新经济政策和当代中国的现代化。特别注意的是在当今俄罗斯的经济增长加速的机制。它们包括宏观经济稳定、以经济活动自由化为基础的结构和体制改革以及保障财产权。
This paper examines the root causes and features of crises of the Russian economy in 2014–2015 as a combination of structural and institutional problems, as well as cyclical and external shocks. The demand-side model of economic growth based on massive windfall revenue from oil and gas exports from the 2000s is now exhausted, and the country needs to shift to a new, supply-side model of growth. Mobilization and liberalization are discussed as two key economic policy alternatives. The analysis includes historical retrospection, which provides some important lessons from economic developments in the twentieth century: the Great Depression and the period of stagflation, the Soviet industrialization debate and perestroika, and the New Economic Policy in the USSR and the contemporary modernization of China. Special attention is paid to the mechanisms of economic growth acceleration in present-day Russia. They include macroeconomic stabilization, structural and institutional reforms based on liberalization of economic activity, and guarantees of property rights.