The Resource Accounting for Russia's Post-Crisis Growth, Rudiger Ahrend, (electronic resource)

Accounting for Russia's Post-Crisis Growth, Rudiger Ahrend, (electronic resource)

Label
Accounting for Russia's Post-Crisis Growth
Title
Accounting for Russia's Post-Crisis Growth
Statement of responsibility
Rudiger Ahrend
Creator
Subject
Language
eng
Summary
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 ..
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Ahrend, Rudiger
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
OECD Economics Department Working Papers,
Series volume
no.404
http://library.link/vocab/subjectName
  • Economics
  • Russian Federation
Label
Accounting for Russia's Post-Crisis Growth, Rudiger Ahrend, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762088235
Dimensions
21 x 30 cm
Extent
1 online resource 50 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/537250231174
Specific material designation
remote
System control number
(OCoLC)762088235
Label
Accounting for Russia's Post-Crisis Growth, Rudiger Ahrend, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762088235
Dimensions
21 x 30 cm
Extent
1 online resource 50 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/537250231174
Specific material designation
remote
System control number
(OCoLC)762088235

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