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Searching for a New Growth Model

https://doi.org/10.32609/0042-8736-2017-12-5-23

Abstract

The article discusses modern concepts and drivers that underlie economic growth models which serve as a basis for making economic and political decisions. Drawing on the fundamental economic growth mechanisms, the authors describe the differences among three competing Russian mid-term development strategies. They argue that some of the fundamental mechanisms seem to stop working (partly due to secular stagnation). Formulating the shapes of a new economic-investment model, the authors offer three hypotheses about new growth mechanisms that should be taken into account when building up an effective development strategy for our country.

About the Authors

G. Idrisov
Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy
Russian Federation


V. Mau
Russian Presidential Academy of National Economy and Public Administration
Russian Federation


A. Bozhechkova
Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy
Russian Federation


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Review

For citations:


Idrisov G., Mau V., Bozhechkova A. Searching for a New Growth Model. Voprosy Ekonomiki. 2017;(12):5-23. (In Russ.) https://doi.org/10.32609/0042-8736-2017-12-5-23

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ISSN 0042-8736 (Print)