A MACROECONOMICS OF THE RUSSIAN FEDERATION FROM SHOCK THERAPY TO NATIONALIST RECOVERY

AN HETERODOX INTERPRETATION

Authors

  • Franklin Serrano UFRJ
  • Numa Mazat UFRJ

Abstract

This article discusses the link between economic growth and economic policy regimes in the Russian Federation since its creation in late 1991. The central features of the period of prolonged recession of the Russian economy between 1992 and 1998 are analyzed. This paper also studies the nationalist recovery of the Russian economy between 1998 and 2008, showing how the change of economic policy regime was the centerpiece for the renewed growth. Finally, the impact of the global crisis of 2008 on the Russian economy is briefly discussed.

Author Biographies

Franklin Serrano, UFRJ

Associate Professor, Institute of Economics, Federal University of Rio de Janeiro (IE/UFRJ). Member of the Political Economy Group (IE/UFRJ).

Numa Mazat, UFRJ

Professor, Institute of Economics, Federal University of Rio de Janeiro (IE/UFRJ). Member of the Political Economy Group (IE/UFRJ).

Published

2017-01-10

How to Cite

Serrano, F. ., & Mazat, N. . (2017). A MACROECONOMICS OF THE RUSSIAN FEDERATION FROM SHOCK THERAPY TO NATIONALIST RECOVERY: AN HETERODOX INTERPRETATION. Revista Tempo Do Mundo, 3(1), 217-256. Retrieved from https://www.ipea.gov.br/revistas/index.php/rtm/article/view/36

Issue

Vol. 3 No. 1 (2017)

Section

Artigos

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