Accounting for Russia's Post-Crisis Growth:
This paper provides an in depth analysis of Russia's recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of th...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2004
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagwörter: | |
| Links: | https://doi.org/10.1787/537250231174 |
| Zusammenfassung: | This paper provides an in depth analysis of Russia's recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of the oil sector, and particularly privately owned oil companies, has been vastly more important in driving economic growth since 2001 than most analyses have recognised. The oil sector's contribution to growth has hitherto been severely underestimated as official data do not account for transfer pricing and thus fail to reflect fully the importance of the hydrocarbon sector in the Russian economy. The paper further argues that prudent postcrisis fiscal policy, by balancing the federal budget over the oil-price cycle, has also been essential for creating a macroeconomic environment conducive to strong growth. Looking forward, it is argued that - given its economic structure - Russia is bound to ... |
| Umfang: | 1 Online-Ressource (49 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/537250231174 |
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| indexdate | 2025-01-11T15:45:32Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (49 Seiten) 21 x 29.7cm |
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| publishDate | 2004 |
| publishDateSearch | 2004 |
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| publisher | OECD Publishing |
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| series2 | OECD Economics Department Working Papers |
| spellingShingle | Ahrend, Rudiger Accounting for Russia's Post-Crisis Growth Economics Russian Federation |
| title | Accounting for Russia's Post-Crisis Growth |
| title_alt | Bilan de la croissance après la crise en Russie |
| title_auth | Accounting for Russia's Post-Crisis Growth |
| title_exact_search | Accounting for Russia's Post-Crisis Growth |
| title_full | Accounting for Russia's Post-Crisis Growth Rudiger Ahrend = Bilan de la croissance après la crise en Russie / Rudiger Ahrend |
| title_fullStr | Accounting for Russia's Post-Crisis Growth Rudiger Ahrend = Bilan de la croissance après la crise en Russie / Rudiger Ahrend |
| title_full_unstemmed | Accounting for Russia's Post-Crisis Growth Rudiger Ahrend = Bilan de la croissance après la crise en Russie / Rudiger Ahrend |
| title_short | Accounting for Russia's Post-Crisis Growth |
| title_sort | accounting for russia s post crisis growth |
| topic | Economics Russian Federation |
| topic_facet | Economics Russian Federation |
| url | https://doi.org/10.1787/537250231174 |
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