Assessment of policy measures to support Russia's real economy

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Title: Assessment of policy measures to support Russia's real economy
Author: Simachev, Yuri V. ; Yakovlev, Andrei ; Kuznetsov, Boris V. ; Gorst, Michael Y. ; Daniltsev, Aleksandr V. ; Kuzyk, Michael N. ; Smirnov, Sergey N.
Organization: Bank of Finland
Suomen Pankki
Department / Unit: Institute for Economies in Transition (BOFIT)
Siirtymätalouksien tutkimuslaitos (BOFIT)
Series: BOFIT Online
Series number: 2009/6
Year of publication: 2009
Publication date: 3.7.2009
Pages: 31 s.
Keywords: julkinen talous; talouspolitiikka; riskit; Venäjä; kriisit; valtiontuki; yritykset; välineet; Bofit-kokoelma; toimet; elvytys
Abstract: This paper presents the results of an analytical project on the methodology for assessing and monitoring anti-crisis measures taken by the government of the RF. The paper is based on an analysis of about 100 measures in support of Russia.s real economy that were initiated in October 2008 . March 2009. Within the scope of this analysis, we singled out the main beneficiaries by industry and the size of enterprise, and estimated the effects of the measures underway in the crisis phase and in the phase of a return to economic growth. The paper also gives an account of the major risks the Russian government will face in putting into practice the measures supporting the real economy, and reveals the key problems and inconsistencies of the anti-crisis program. Key words: Russia, anti-crisis measures, economic policy, state subsidies, fiscal policy.
Note: Ilmestynyt myös sarjassa Forschungsstelle Osteuropa an der Universität Bremen. Arbeitspapiere und Materialien 102/2009.Julkaisussa nimi Andrei Yakovlev on muodossa Andrei A. Yakovlev.

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