ABSTRACT
This chapter applies economic structuralism and dependency theory to the post-Soviet economic transformation, outlining, structuring, and detailing the potential for economic growth in Russia. The scholarly literature on economic growth in Russia points toward an insufficient data background, especially when it comes to long-term economic trends. The study estimates the reserves for exogenous economic growth that exist in Russia and finds them to be significant. This chapter suggests that the country still has potential resources for exogenous economic growth. The reserves in terms of both capital and labor can move the national economy forward if utilized in production at full capacity. The reserves of capital as a factor of production include the presence of insufficiently developed or undeveloped stock market, shadow economy, continuing outflow of national capital, unused production capacities, and unfinished construction projects. The reserves of labor as a factor of production include the presence of unemployment, labor migration abroad, and limitations imposed on the working time.
