ABSTRACT

Over the course of the last thirty years post-communist Russia has either been struggling with crises, discussing the lessons learned from past crises, or attempting to trace the contours of future crises. Based on the author’s own experiences and his research over this long period, this book traces the logic of the development of the crises and the anti-crisis policies, and shows the continuity, or discontinuity, in determining particular solutions. It demonstrates how perceptions of the priorities for economic policy, and the problems of economic growth and the formation of a new model and its alternatives were formed and how they changed. It also outlines the evolution of ideas about the role of social politics and human capital sectors in addressing anti-crisis and modernization issues, and discusses the changing views on the institutional and structural priorities for Russia’s development. This is an important book on an economic subject of crucial global significance by a leading participant.

chapter |12 pages

Introduction

Economic crises in the contemporary history of Russia

part I|34 pages

Crises and revolutions

chapter 1|14 pages

A breakdown in continuity

Key aspects of a revolutionary transformation

chapter 2|18 pages

Post-communist Russia

Characteristics of the revolutionary transformations

part II|44 pages

The 1998 crisis in Russia

chapter 4|10 pages

The chronicle of the financial crisis

chapter 6|10 pages

Anti-crisis policies

chapter 7|8 pages

Results of the 1998 financial crisis

part III|28 pages

Challenges of the global crisis

chapter 8|8 pages

Global crisis

Historical context and trends of economic development

chapter 9|8 pages

Anti-crisis

Labels, fears, traps

chapter 10|10 pages

In quest of a new economic model

part IV|112 pages

Global crisis in Russia

chapter 11|6 pages

The drama of 2008

From an economic miracle to an economic crisis

chapter 12|6 pages

Economic policy of 2009

Between crisis and modernization

chapter 13|14 pages

Economic policy of 2010

In search of innovations

chapter 14|8 pages

Economic policy of 2011

The global crisis and the search for a new growth model

chapter 15|6 pages

Economic policy of 2012

Between modernization and stagnation

chapter 16|16 pages

Economic policy of 2013

Reconstruction or acceleration?

chapter 17|10 pages

Economic policy of 2014

A new frontier and old challenges

chapter 18|22 pages

Economic policy of 2015

Sanctions and anti-crisis agenda

chapter 19|16 pages

New economic reality

Lessons of stabilization and prospects of growth

chapter |6 pages

Conclusion

Medium-term economic policy priorities