Russia’s foreign trade crisis and its aftereffects

Author:

Faltsman V.1

Affiliation:

1. Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration

Abstract

The author, using his own statistical estimates of key indicators that reflect the state of the Russian economy, considers the possible scenario of its development, describing how the new stage of the foreign trade crisis would evolve, as well as the prospects of Russia’s economic growth, investment and innovative processes, the standards and quality of living of the population. The concept is proposed suggesting local incremental recovery growth in separate industries of the Russian economy with minimal risks, borrowings and budget deficit.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference8 articles.

1. Abramov A. (2016). Fiscal system as the main impediment on the way to industrial investments. Ekho Moskvy, April 1. (In Russian).

2. Kapeliushnikov R. (2015). The idea of secular stagnation: Three versions. Voprosy Ekonomiki, No. 5, pp. 104—133. (In Russian).

3. Kislitsyna O. A. (2016). Measurement of the quality of life/well-being: International experience. Moscow: Institute of Economics, RAS. (In Russian).

4. Mayevsky V. I., Malkov S. Yu., Rubinstein A. A. (2016). The theory of overlapping generations of fixed capital. Vestnik Rossiiskoi Akademii Nauk, Vol. 86, No. 1, pp. 56—65. (In Russian).

5. Mau V. A. (2016). Crises and lessons. Russia’s economy in an era of turbulence. Moscow: Gaidar Institute Publ. (In Russian).

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