Russian Economy in 2004: Tendencies and Perspectives

Abstract

The basic tendencies of the Russian economy in 2004 are analyzed in the essay. Four parts of the paper are devoted to different aspects of Russia' economy growth: social and political background, monetary and budget spheres, real sector of the economy, institutional and macroeconomic problems. The big massive of statistics and reliable information on the reforms are used in the research. To the authors' opinion, the year 2004 was characterized by positive and negative trends in socioeconomic development. They can be explained by faster economic growth compared to slower development of government institutions. This makes the questions of state reforming the most actual - administrative reform, law and justice reform, solving the problem of corruption and conflict of interests in the civil service.