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Influence the public debt on dynamics of development economy in the Russian Federation

Available online: 29 May 2013

Subject Heading: BUDGET SYSTEM

JEL Classification: 

The concept of a public debt, its structure is given in the article; the analysis of Russia change economic development indicators and budget indicators is carried out. The research of dynamics change of a public debt and gross domestic product in Russia during 1994-2012 allowed constructing trends of temporary ranks. On the basis of trends the external and internal public debt in Russia till 2017 in absolute measures and percentage of gross domestic product is predicted. The calculations and ratios with debt loading in the developed countries, prove that the policy stabilization of a public debt in Russia, pursued after a default of 1998, became obsolete, the state loans and public-private partnership are necessary for ensuring economic growth.

Keywords: public debt, stabilization policy, budgetary crisis, internal and external debt of the Russian Federation, gross domestic product, forecasting, trend, public-private partnership

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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