|Generate QR code
Open Access
Subscription Access
National goals and model of economic growth: New in the Russian socio-economic policy of 2018—2019
https://doi.org/10.32609/0042-8736-2019-3-5-28
Abstract
The paper deals with Russian social and economic development in the context of global trends. New economic crisis is looming ahead, but developed economies do not have sufficient fiscal and monetary instruments to mitigate it. The lack of institutional reforms, which were put on agenda by the crisis of 2008—2009, is another source of experts’ concerns. Russian authorities have announced a set of national goals and projects as the central point of social and economic policy for 2018—2024. The new economic growth policy includes the shift from the demand-side growth model to the supply-side one, broad implementation of project methods in economic policy, and continuation of conservative fiscal and monetary policy.
About the Author
Vladimir A. Mau
Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Moscow
Russian Federation
Moscow
References
1. Bank of Russia (2019). Overview of Bank of Russia asset management activities in foreign currencies and gold. No. 1. Moscow: Bank of Russia. (In Russian).
2. Balandina G., Ponomarev Yu., Sinelnikov-Murylev S., Tochin A. (2018). Customs administration in Russia: Directions of improvement. Ekonomicheskaya Politika, No. 3, pp. 106—131. (In Russian).
3. Bozhechkova A., Goryunov E., Sinelnikov-Murylev S., Trunin P. (2017). Capital controls: World experience and lessons for Russia. Ekonomicheskaya Politika, No. 2, pp. 8—43. (In Russian).
4. Drobyshevsky S., Sinelnikov-Murylev S. (2018). Peculiarities of Russia’s economy growth in 2017 and 2018: Stimuli and limitations. Russian Economic Development, Vol. 25, No. 2, pp. 3—7. (In Russian).
5. Kadochnikov P., Knobel A., Sinelnikov-Murylev S. (2016). Openness of the Russian economy as a source of economic growth. Voprosy Ekonomiki, No. 12, pp. 26—42. (In Russian). https://doi.org/10.32609/0042-8736-2016-12-26-42
6. Klimanov V. V., Deryugin A. N., Mikhailova A. A., Yagovkina V. A. (2019). Fiscal federalism: Financial participation of regions in achieving national development goals. Moscow: Delo. (In Russian).
7. Knobel A. Yu., Bagdasaryan K. M., Loshchenkova A. N., Proka K. A. (2019). Sanctions: Seriously and for a long time. Moscow: Delo. (In Russian).
8. Larionova M. V., Ignatov A. A., Popova I. M., Sakharov A. G., Shelepov A. V. (2019). Ten years to the Group of Twenty. Unconditional achievements, sustainable challenges, new risks, future priorities. Moscow: Delo. (In Russian).
9. Levashenko A. D., Ermokhin I. S., Zubarev A. V., Sinelnikova-Muryleva E. V., Trunin P. V. (2019). Cryptoeconomics. Moscow: Delo. (In Russian).
10. Mau V. (2002). Economic and political results of 2001 and prospects of sustainable economic growth. Voprosy Ekonomiki, No. 1, pp. 4—22. (In Russian).
11. Mau V. (2003). Economic and political results of 2002 and the problems of economic policy at the election year. Voprosy Ekonomiki, No. 2, pp. 4—25. (In Russian). https://doi.org/10.32609/0042-8736-2003-2-4-25
12. Mau V. (2011). Economic policy in 2010: In search of innovations. Voprosy Ekonomiki, No. 2, pp. 4—22. (In Russian). https://doi.org/10.32609/0042-8736-2011-2-4-22
13. Mau V. (2014). Waiting for a new model of growth: Russia’s social and economic development in 2013. Voprosy Ekonomiki, No. 2, pp. 4—32. (In Russian). https://doi.org/10.32609/0042-8736-2014-2-4-32
14. Mau V. A. (2018). At the final stage of the global crisis: Economic tasks in 2017—2019. Voprosy Ekonomiki, No. 3, pp. 5—2 9. (In Russian). https://doi.org/10.32609/0042-8736-2018-3-5-29
15. Mau V. A., Kuzminov Ya. I. (eds.) (2013). Strategy-2020: A new growth model — new social policy. In 2 vols. Moscow: Delo. (In Russian).
16. Medvedev D. (2015). A new reality: Russia and global challenges. Voprosy Ekonomiki, No. 10, pp. 5—29. (In Russian). https://doi.org/10.32609/0042-8736-2015-10-5-29
17. RF Government (2019). National projects: Target indicators and main results. Information materials of the Government of RF. Moscow. (In Russian). http://static.government.ru/media/files/p7nn2CS0pVhvQ98OOwAt2dzCIAietQih.pdf
18. Radygin A. D., Entov R. M., Abramov A. E., Chernova M. I., Malginov G. N. (2019). Privatization 30 years later: The scale and effectiveness of the public sector. Moscow: Delo. (In Russian).
19. Sinelnikov-Murylev S., Drobyshevsky S., Kazakova M. (2014). Decomposition of Russian GDP growth rates in 1999—2014. Ekonomicheskaya Politika, No. 5, pp. 7—37. (In Russian).
20. Brzezinski Z. (2009). The group of two that could change the world. The Financial Times, January 14.
21. EU (2018a). Commission Recommendation on the international role of the euro in the field of energy. Brussels, December 5. https://ec.europa.eu/commission/sites/beta-political/files/recommendation_-_the_international_role_of_the_euro_in_the_field_of_energy.pdf
22. EU (2018b). Promoting the international role of the euro in the field of energy. Accompanying the document “Commission Recommendation on the international role of the euro in the field of energy”. Commission staff working document. Brussels, December 5. https://ec.europa.eu/info/sites/info/files/swd-2018-483-recommendation_en_0.pdf
23. EU (2018c). Communication from the Commission to the European Parliament, the European Council (Euro Summit), the Council, the European Central Bank, the European Economic and Social Committee and the Committee of the Regions. Towards a stronger international role of the euro. Brussels, December 5. https://ec.europa.eu/info/sites/info/files/com-2018-796-communication_en.pdf
24. Ferguson N. (2008). The ascent of money: A financial history of the world. London: Penguin Press.
25. IMF (2019). World economic outlook update. January. https://www.imf.org/en/Publications/WEO/Issues/2019/01/11/weo-update-january-2019
26. Kaletsky A. (2019). The world economy goes hollywood. Project Syndicate, January 18. https://www.project-syndicate.org/commentary/volatile-financial-markets-despite-fundamentals-by-anatole-kaletsky-2019-01
27. Phelps Ed. S. (2019). The three revolutions economics needs. Project Syndicate, January 23. https://www.project-syndicate.org/commentary/economics-must-change-inthree-ways-by-edmund-s--phelps-2019-01
28. Rogoff K. (2019). Central bankers’ fiscal constraints. Project Syndicate, January 4. https://www.project-syndicate.org/commentary/countercyclical-fiscal-policy-nocure-in-next-recession-by-kenneth-rogoff-2019-01
29. Roubini N. (2018). The big blockchain lie. Project Syndicate, October 15. https://www.project-syndicate.org/commentary/blockchain-big-lie-by-nouriel-roubini-2018-10
Review
For citations:
Mau V.A. National goals and model of economic growth: New in the Russian socio-economic policy of 2018—2019. Voprosy Ekonomiki. 2019;(3):5-28. (In Russ.) https://doi.org/10.32609/0042-8736-2019-3-5-28
Views:
3204
Email this article 
