Parameters of Economic Growth Model for the Period until 2024

Monitoring of Russia's Economic Outlook, IEP, Moscow, 2018, No. 16, pp. 16-19

4 Pages Posted: 25 Oct 2018

See all articles by Georgy Idrisov

Georgy Idrisov

Gaidar Institute for Economic Policy

Pavel Pavlov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research

Date Written: October 2, 2018

Abstract

Aiming to become one of the world’s top five economies, Russia’s economy should advance in real terms by 30% (in nominal terms by 50%) by 2024 over 2016. To reach this goal, investments should represent up to 25% of GDP by 2024. Economic boost can be driven by key investment-led sectors, namely construction sector, investment goods sectors, and sectors that underlie the digital economy infrastructure.

Keywords: Russian economy, economic growth, rates of growth

JEL Classification: C53, L21, L52

Suggested Citation

Idrisov, Georgy and Pavlov, Pavel, Parameters of Economic Growth Model for the Period until 2024 (October 2, 2018). Monitoring of Russia's Economic Outlook, IEP, Moscow, 2018, No. 16, pp. 16-19, Available at SSRN: https://ssrn.com/abstract=3259117 or http://dx.doi.org/10.2139/ssrn.3259117

Georgy Idrisov

Gaidar Institute for Economic Policy ( email )

Gazetny Lane 3-5
Moscow, 125993
Russia

Pavel Pavlov (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Varnadskogo Avenue,82
Sredny av. V.O., 57/43
Moscow, St. Petersburg 119571
Russia

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