The Slow Russian Economic Growth as a Crisis

Professor at the Chair of Economics and Management of Enterprises

and Industrial Complexes

March 13, 2019

conversation»

at 1.5 to 1.8 percent” World Bank Group. Russia Economic

Report #40

ended by the great fall
Russian government cured the problems

by the “Fund of stabilization”(oil money was spend to keep social stability), mitigated the damage. We avoided a social shock then.
Extensive model of the growth does not work anymore.
After Crimia reunion Russia has a very limited access to cheap money from abroad, but the government works with Asia…

for internships to own parents
Low priority to visit large enterprises
2

out of 38 are interested to go for internship on a regional enterprise

with the state [gosoboronzakaz]
Jobs cuts in the industrial sector
People did

not agree with Pension reform

are not productive yet
Only government and private investments, but high

risks sustain
The external debt was minimalized recently, so the economy was again stabilized on the low level of development

are not developed basically
Vladislav Surkov
Putin's state understands and works for

the "deep people" - a concept that is antithetical to the "deep state" of Western democracies

to contribute their suggestions
Slow growth as a consequence of weak

institutions in Russia