Publication date
Thursday, 25.01.2018

Drobyshevsky S., Idrisov G., Sinelnikov-Murylev S., Trunin P.

RUSSIA: Strategy, policy and administration


For 25 years since the start of market reforms, Russian progress in fiscal (budgetary) and monetary policy in the direction of developed countries has been significant. Russia has created a modern tax system, institutional mechanisms for administering revenues from the export of oil, an expenditure management system and a system of fiscal federalism. It has provided a high degree of independence to the central bank (the Bank of Russia), transitioning to an inflation-targeting regime and a floating exchange rate. In this chapter, we aim to explain how fiscal and monetary policy has evolved over the course of the post-Soviet history of Russia, which problems have been addressed by the Russian government by means of fiscal and monetary instruments and which ones remain and how they should be addressed. Among the remaining challenges, perhaps the most important one is the continued lack of “coordination” or, more precisely, the lack of mutual regard between fiscal and monetary policies in Russia. This has militated against macroeconomic stability and led to recurring economic crises (or otherwise complicated the economy’s exit from these crises).


Front Matter Pages i-xix
Introduction: Ten Theses on Russia in the Twenty-First Century Irvin Studin
Pages 1-14
Russian Strategy and Statecraft
Front Matter Pages 15-15
The Principles and Goals of the Russian State in the Twenty-First Century Alexei Kudrin, Vladimir Mau
Pages 17-29
Russian Political Ideology Andrei Melville
Pages 31-41
The Future of Russia’s Institutions Alexander Auzan
Pages 43-55
Russian Federalism Irina Busygina
Pages 57-64
The North Caucasus Irina Starodubrovskaya
Pages 65-73
The Social Structure of Russia Simon Kordonsky
Pages 75-85
Political Parties and Parliament  Alexander Kynev
Pages 87-96
Russian Media Ilya Kiriya
Pages 97-103
Religion and the Russian Orthodox Church Boris Knorre
Pages 105-112
Russian Civil Society Irina Mersianova
Pages 113-119
Russian Public Policy
Front Matter
Pages 121-121
Russian Foreign and Defence Policy Fyodor Lukyanov
Pages 123-133
Russia’s Arctic Strategy Alexander Sergunin, Valery Konyshev
Pages 135-144
National Security Dmitry Baluev
Pages 145-154
International Economic Policy Natalya Volchkova
Pages 155-167
Fiscal and Monetary Policy Sergey Drobyshevsky, Georgiy Idrisov, Sergey Sinelnikov-Murylev, Pavel Trunin
Pages 169-181
Industrial and Innovation Policy Yuri Simachev, Mikhail Kuzyk
Pages 183-194
Russian Public Policy
Infrastructure and Transportation Mikhail Blinkin
Pages 195-204
Energy and Natural Resources Valeriy Kryukov
Pages 205-215
Education Tatiana Klyachko
Pages 217-228
Health Care Sergey Shishkin
Pages 229-239
Food and Agriculture Svetlana Barsukova
Pages 241-255
Population and Migration Vladimir Malakhov, Mark Simon
Pages 257-268
Environment Sergey Bobylev
Pages 269-279
Science Irina Dezhina
Pages 281-293
Sport Andrey Adelfinsky, Valery Anashvili
Pages 295-306
Culture Vitaly Kurennoy, Rouslan Khestanov
Pages 307-317
Family Policy Sergei Zakharov
Pages 319-330
Criminal Justice Leonid Kosals, Sergey Pavlenko
Pages 331-338
6. Russian Administration: State Institutions, Structures and Processes
Front Matter
Pages 339-339
The Bureaucracy Vladimir Yuzhakov, Elena Dobrolyubova
Pages 341-352
The Judicial System Sergey Pashin
Pages 353-365
Regional and Local Government Natalia Zubarevich
Pages 367-380
State Corporations Viktor Dementiev
Pages 381-391
7. Back Matter
Pages 393-412


Irvin Studin
Global breaf Magazine
Institute for 21st Century Questions
Toronto, Canada

ISBN 978-1-137-56670-6
ISBN 978-1-137-56671-3 (eBook)

Library of Congress Control Number: 2017950522

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