On New Mechanisms for Providing Economic Growth in the Context of Sanctions

DOI: 10.33917/es-4.190.2023.60-63

First the pandemic and then geopolitical tensions in the world created new conditions and posed new challenges for the economies. Among the mechanisms, needed to finance increased government spending, many countries have begun to apply the approaches of the so-called Modern Monetary Theory. It seems that the use of its elements could also be expedient in Russia to finance the necessary transformation of the economy.


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How to Finance New Government Spendings: Possible Mechanisms in the Environment of Sanctions

DOI: https://doi.org/10.33917/es-6.186.2022.26-29

Sanctions against the Russian Federation have created fundamentally new conditions for the functioning of the Russian economy.

This poses new challenges, which require government spendings increase. It appears that Russian regulators have unused mechanisms, the use of which will provide the economy with new money, without complicating the situation of other sectors. The article suggests mechanisms that highlights internal sources of liquidity formation for the economy. In the environment of sanctions, such mechanisms also increase the independence of monetary policy from external constraints.


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Assessment of the Sanctions Impact on the Economic Situation in the Russian Federation

#1. Event Horison
Assessment of the Sanctions Impact on the Economic Situation in the Russian Federation

Introduction of sanctions, contrary to the statements of Russian politicians, has an impact on the Russian economy, and the impact is quite negative. The crisis in the Russian economy is confirmed by macro-indicators. Despite this, distortion of statistical data allows to demonstrate the illusion of economic growth, although it is seen only in certain sectors of economy. Real incomes of the population have also decreased and continue to fall down. The article proposes a number of strategic measures that will allow to minimize the damage caused by the imposed sanctions and even partially to benefit from them for the Russian economy.

The System of Stifling Tricks of the Bank of Russia

#10. Talkative Times

Implemented in recent years monetary and issuing policy of the Bank of Russia artificially stifles development of the domestic economy, destroys the remnants of science intensive industries, preserves the technological backwardness and strengthens Russia’s status of the “resource colony” and the end market for transnational capital.

Russia And the International Crisis: the First Results

#9. Plus-minus 40

The crisis has revealed the existence of strategic contradiction in the Russian government, which leads to the fact that ministers of the different “blocks” act in the worst case independently of one another, at best — uncoordinated.