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Author: Eric Brunat Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Russia has recently made significant progress in building a "normal economy". Structural reforms, which remained inadequate under Boris Yeltsin's rule, have been given a new start with the Government's social and economic programme of 2000, revised in July 2001. Structural reforms will receive further impetus from the Government's medium-term reform programme for 2002-2004, which puts the main emphasis on conditions for business creation and definition of a clear and stable legal framework, covering, among other points, judicial and fiscal reform, a labour and retirement code, and land ownership (Brunat and Soos (2002)). At the same time, tighter control by the federal state over the country, Parliament and the oligarchs has brought political stability, which is beginning to have an effect on the behaviour of various economic agents. The Russian economy has experienced new growth since the 1998 crisis, but has so far failed to install a sustainable growth mechanism due to its structural weaknesses. Establishment of a government programme of structural reforms (see Government of the Russian Federation (2002)) is an important step, but not sufficient in itself. While opening of the Russian economy, notably by accession to the WTO, is indispensable for its integration with the world economy, other political decisions will surely be necessary to overcome inertia effects and deal with difficulties in adaptation to a modern market economy.
Author: Eric Brunat Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Russia has recently made significant progress in building a "normal economy". Structural reforms, which remained inadequate under Boris Yeltsin's rule, have been given a new start with the Government's social and economic programme of 2000, revised in July 2001. Structural reforms will receive further impetus from the Government's medium-term reform programme for 2002-2004, which puts the main emphasis on conditions for business creation and definition of a clear and stable legal framework, covering, among other points, judicial and fiscal reform, a labour and retirement code, and land ownership (Brunat and Soos (2002)). At the same time, tighter control by the federal state over the country, Parliament and the oligarchs has brought political stability, which is beginning to have an effect on the behaviour of various economic agents. The Russian economy has experienced new growth since the 1998 crisis, but has so far failed to install a sustainable growth mechanism due to its structural weaknesses. Establishment of a government programme of structural reforms (see Government of the Russian Federation (2002)) is an important step, but not sufficient in itself. While opening of the Russian economy, notably by accession to the WTO, is indispensable for its integration with the world economy, other political decisions will surely be necessary to overcome inertia effects and deal with difficulties in adaptation to a modern market economy.
Author: Mr.David Edwin Wynn Owen Publisher: International Monetary Fund ISBN: 9781589062078 Category : Business & Economics Languages : en Pages : 196
Book Description
Russia Rebounds analyzes Russia’s dramatic economic recovery since the country’s 1998 financial crisis, emphasizing macroeconomic issues and fiscal and banking sector reforms. The crisis was a massive shock to the system and a considerable surprise to both Russians and foreign investors, who a year before had come to think that the worst of the transition from a centrally planned to a market economy was over. Macroeconomic performance since the crisis has been impressive. The book assesses the contribution of various factors underlying this recovery and highlights key policy challenges to ensure its sustainability.
Author: Charles Jr. Wolf Publisher: Rand Corporation ISBN: 0833042556 Category : Political Science Languages : en Pages : 73
Book Description
Sixteen years after the Soviet Union's demise, the Russian economy can still be appropriately characterized as transitional. The authors shed light on ambiguities surrounding this status through an exploration of four questions related to issues of interest to government decisionmakers.
Author: Lúcio Vinhas de Souza Publisher: CEPS ISBN: 9290797673 Category : Business & Economics Languages : en Pages : 112
Book Description
Russia is now once again one of the ten largest economies in the world (representing around 70% of Germany's GDP in purchasing power parity in 2007). In addition, Russia is the third largest trading partner of the EU, the fourth largest trade partner of the eurozone and an essential energy supplier to the EU. This recovery makes Russia an economic - and political - actor that cannot be ignored. In this authoritative new book, Lúcio Vinhas de Souza, desk officer for Russia in the Directorate-General for Economic and Financial Affairs of the European Commission, reviews the country's evolving macroeconomic performance and structural policy framework, from the difficult days of the recession in the early transition period and the 1998 crisis to Russia's sustained and robust growth since 1999. He outlines the remaining reform priorities in Russia and concludes with pragmatic policy recommendations for the reform agenda.
Author: M. J. Bradshaw Publisher: Routledge ISBN: 113684970X Category : Social Science Languages : en Pages : 342
Book Description
This major study assesses prospects for economic recovery in the Russian Far East, evaluating foreign trade and investment, political and economic forces, patterns of resource supply and needs in Pacific Asia, and potential competitors. It concludes that this unfulfilled potential has as much to do with conditions in Russia as the downturn caused by the Asian crisis.
Author: Eric Brunat
Author: Eric Brunat
Author: Mr.David Edwin Wynn Owen
Author: Charles Jr. Wolf
Author: Leo Pasvolsky
Author: Lúcio Vinhas de Souza
Author: Ben Slay
Author: Leo Pasvolsky
Author: Leo Pasvolsky
Author: Лев Семенович Черной
Author: M. J. Bradshaw