nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2012‒09‒03
three papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Economic Policy of 2009: Between Crisis and Modernization By Vladimir mau
  2. Российские финансовые институты развития: процесс становления и основные проблемы в повышении результативности By Simachev, Yuri; Kuzyk, Mikhail; Ivanov, Denis
  3. To raise or not to raise? Impact assessment of Russia's incremental gas price reform By Heyndrickx, Christophe; Alexeeva-Talebi, Victoria; Tourdyeva, Natalia

  1. By: Vladimir mau (Gaidar Institute for Economic Policy)
    Abstract: This paper deals with Russia's economic policy in 2009. The author speaks about institutional stability as the main outcome of the crisis year. He provides specific features of the anti-crisis policy and outlines Russia's anti-crisis policy. The priorities of Russia's economic policy during the crisis take lengy description. The author also focuses on systemic challenges and new tasks for the countri in the coming years.
    Keywords: 2008 economic crisis, Russian economy
    JEL: P48 P26 P16
    Date: 2012
  2. By: Simachev, Yuri; Kuzyk, Mikhail; Ivanov, Denis
    Abstract: The paper tells the history of Russian financial development institutions, analyses their scope and fields of operation, discovers crucial problems and imbalances of Russian financial developenment institutions system and speculates on possible ways to its improvement.
    Keywords: Russia; financial development institutions
    JEL: O38 O32
    Date: 2012
  3. By: Heyndrickx, Christophe; Alexeeva-Talebi, Victoria; Tourdyeva, Natalia
    Abstract: The growing momentum for gas price liberalization in Russia is increasingly constrained by fears of potentially strong adverse impact that market-based price setting principle will have on the economy. Based on a novel multi-regional, multi-sector and multi-household computable general equilibrium (CGE) model of the Russian Federation, this paper presents a simple yet a flexible framework for evaluating gas price reform. We found that the reform is feasible at low economic cost, without greater disparities in terms of increased inequity within and between country's federal districts. Large redistributive impacts can arise from specific mechanisms to recycle revenues. In terms of global environmental credentials, gas price liberalization can bring Russia on a substantially more sustainable path. The potential to foster adoption of energy efficiency measures by exploiting the revenue-recycling effect is, however, limited. --
    Keywords: regional general equilibrium model,sustainable development,natural gas pricing,Russia
    JEL: D58 H21 H22 Q48
    Date: 2012

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