@ARTICLE{26543120_26547923_2000, 
	author = {Paul Welfens}, 
	keywords = {, economic growth, development strategy, foreign direct investment, economic growth in Russia, structural change, economic growth rate, country developmentsecurities market},
	title = {Strategic Aspects of Economic Growth in Russia},
	journal = {HSE Economic Journal },
	year = {2000},
	volume = {4},
	number = {2},
	pages = {220-234},
	url = {https://ej.hse.ru/en/2000-4-2/26547923.html},
	publisher = {},
	abstract = {We analyze the potential ingredients for sustained economic growth in Russia. Taking into account experiences in NICs and recent research we suggest that there is a lexicographical order of policy elements for achieving economic growth. Achieving growth mainly requires to establish a functional capital market, to encourage structural change, to nurture entrepreneurship and to stimulate trade expansion in the field of manufacturing products, while imposing some capital controls on short term inflows. Adequate foreign direct investment policies also are crucial which must include political stability and radical tax reform. We propose several strategic elements for growth policy, where adequate external support could be helpful.},
	annote = {We analyze the potential ingredients for sustained economic growth in Russia. Taking into account experiences in NICs and recent research we suggest that there is a lexicographical order of policy elements for achieving economic growth. Achieving growth mainly requires to establish a functional capital market, to encourage structural change, to nurture entrepreneurship and to stimulate trade expansion in the field of manufacturing products, while imposing some capital controls on short term inflows. Adequate foreign direct investment policies also are crucial which must include political stability and radical tax reform. We propose several strategic elements for growth policy, where adequate external support could be helpful.}
}