1st Edition

The Russian Economy under Putin





ISBN 9780367587758
Published June 29, 2020 by Routledge
242 Pages

USD $47.95

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Book Description

This book presents a comprehensive view of the state of the Russian economy under President Putin. It considers the extent of Russia’s integration in the world economy, where Russia’s exports of oil and gas are a key factor, discusses Russia’s internal challenges, including changing demographics, declining government revenue, the need to counter over-reliance on the oil and gas sector and the consequences of high military spending, and assesses the prospects for economic reform, highlighting especially the power struggles between different vested interests. Overall, the book provides a basis for understanding what has been going on in the Russian economy under President Putin and what the future may look like given the external environment, internal challenges and reform processes.



Table of Contents

List of figures



List of tables



List of contributors



Foreword



Abbreviations and acronyms





Chapter 1 Introduction



Torbjörn Becker & Susanne Oxenstierna





Part I: Russia in the world economy



Chapter 2 Russia’s economy under Putin and its impact on the CIS region



Torbjörn Becker



Chapter 3 Western sanctions and Russian responses: effects after three years



Evsey Gurvich & Ilya Prilepskiy



Chapter 4 The Impact of the Russian crisis on the Belarusian economy: the trade channel



Kateryna Bornukova & Igor Livshits



Chapter 5 Regional economic integration as a gateway to economic modernization



Yaroslav Lissovolik & Aleksey Kuznetsov





Part II: Russia’s internal challenges



Chapter 6 A new trend in Russia’s defence spending



Susanne Oxenstierna



Chapter 7 Institutions, allocation of human capital, and economic growth in Russia



Michael Alexeev



Chapter 8 Age and education in the Russian labour market



Vladimir Gimpelson & Rostislav Kapeliushnikov



Chapter 9 Regional impact of the Russian energy sector



Chloé Le Coq, Elena Paltseva & Natalia Volchkova





Part III: Reforming Russia



Chapter 10 Limitations of Putin's economic model



Sergey Aleksashenko



Chapter 11 Russia’s crony capitalism: stagnant but stable



Anders Åslund



Chapter 12 The political economy of Russia: is it changing?



Stephen Fortescue





Index





 

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Editor(s)

Biography

Torbjörn Becker is the Director of the Stockholm Institute of Transition Economics (SITE) at the Stockholm School of Economics.



Susanne Oxenstierna is a Deputy Research Director at the Swedish Defence Research Institute (FOI).