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National Interests: Priorities and Security
 

Long-run economic policy of Russia

Vol. 10, Iss. 20, MAY 2014

Available online: 3 June 2014

Subject Heading: Priorities of Russia

JEL Classification: 

Pages: 2-12

Kostiuk V.N. Institute for Systems Analysis of Russian Academy of Sciences, Moscow, Russian Federation
vlad.kostiuk@gmail.com

The paper discusses the main features of effective long-run economic policy (in relation to Russia). Such policies should include not only long-term goals of economic development, but also acting autonomously a market mechanism aimed at achieving these goals. The author characterizes the mechanism using sketch nonlinear long-term model for regular updating of the economy. This model is squeezed and "straightened" description in time of the main stages of economic evolution done by developed countries in the past.

Keywords: non-linearity, accelerated growth, potential structure, long-term economic policy, perfect competition, monopolistic competition, model for regular updating of economy

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