Evaluation of Anti-crisis Measures Supporting the Real Sector of the Russian Economy (The Report of SU-HSE and IAC)

Abstract

This paper reflects the main results of the joint project conducted by the State University-Higher School of Economics and the Interdepartmental Analytical Center in order to develop and approbate the methodology for assessing anti-crisis measures of the Russian government. The report is based upon the analysis of about 100 separate anti-crisis measures aimed for the support of the real sector of the Russian economy that were initiated during the period of October 2008 - March 2009. The analysis reveals major beneficiaries of state support in terms of industries, firms size categories. The possible impact of the measures is being evaluated, both at the crisis stage and at the stage of the economy recovery. The report also describes the main risks and threats the government will have to deal with at the implementation stage as well as the contradictory consequences of the anti-crisis economic policy.