Some Aspects of the New State Budget

#8. Ideas Change the World

The article discusses some aspects of the federal budget of the Russian Federation, which was adopted by the State Duma in November 2018. It is noted that parameters incorporated into the budget in conditions of economy stagnation are unlikely to stimulate growth.

References:

  1. Prognoz sotsial’no-ekonomicheskogo razvitiya Rossiiskoi Federatsii na period do 2024 goda [Forecast of the Socio-Economic Development of the Russian Federation for the Period Up to 2024]. Ministerstvo ekonomicheskogo razvitiya Rossiiskoi Federatsii, available at: http://economy.gov.ru/minec/activity/sections/macro/201801101
  2. Osnovnye napravleniya edinoi gosudarstvennoi denezhno-kreditnoi politiki na 2019 god i period 2020 i 2021 godov [Guidelines for the Single State Monetary Policy in 2019 and for 2020 and 2021 years]. Tsentral’nyi bank Rossiiskoi Federatsii, available at: http://www.cbr.ru/content/document/file/48125/on_2019(2020-2021).pdf.
  3. World economic outlook. Challenges to steady growth. October 2018. IMF, available at: https://www.imf.org/en/Publications/WEO/Issues/2018/09/24/world-economic-outlook-october-2018.
  4. Global financial stability report. A decade after the global financial crisis: are we safer? October 2018. IMF, available at: https://www.imf.org/en/Publications/GFSR/Issues/2018/09/25/Global-Financial-Stability-Report-October-2018.
  5. Trade and Development Report 2018. Power, platforms and the free trade delusion. UNCTAD, available at: https://unctad.org/en/pages/PublicationWebflyer.aspx?publicationid=2227.
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