{
  "title": "Russian Federation: Selected Issues",
  "publication": "IMF Staff Country Reports, August 3, 2012",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149",
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  "summary": "The Selected Issues paper on the Russian Federation discusses the economic growth and future growth potential of the country. After almost a decade of impressive growth performance, Russia suffered a sharp contraction in 2009 with GDP falling by 8 percent.",
  "publishDate": "2012-08-03",
  "series": "IMF Staff Country Reports",
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    {
      "heading": "Summary",
      "content": "- The Selected Issues paper on the Russian Federation discusses the economic growth and future growth potential of the country.\n- After almost a decade of impressive growth performance, Russia suffered a sharp contraction in 2009 with GDP falling by 8 percent.\n- The paper provides:\n  - an overview of the conceptual issues regarding potential growth;\n  - the analytical framework based on an exogenous growth model;\n  - growth accounting results for Russia in the past decade;\n  - discussion of the importance of structural reforms to achieve sustained high growth."
    },
    {
      "heading": "Key findings and observations",
      "content": "- Historical performance:\n  - Nearly a decade of impressive growth prior to 2009.\n  - Sharp contraction in 2009: GDP fell by 8 percent.\n- Analytical emphasis:\n  - Focus on potential growth measurement and drivers.\n  - Growth accounting for Russia over the past decade to identify contributions to growth.\n- Policy implications:\n  - Structural reforms are important to achieve sustained high growth."
    },
    {
      "heading": "Analytical framework",
      "content": "- The paper is based on an exogenous growth model.\n- Uses growth accounting techniques to decompose growth in the past decade.\n- Conceptual issues regarding potential growth are reviewed to inform policy choices."
    },
    {
      "heading": "Policy recommendations (as summarized in the paper)",
      "content": "- Emphasize structural reforms to restore and sustain high potential growth.\n- Use insights from growth accounting and potential-growth analysis to prioritize reforms.\n\n---\n\n Content in this bundle\n\n- Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012\n  - Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr12218r\n  - cr12218r (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr12218r (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149"
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    "Published: August 3, 2012",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475505047.002",
    "The Selected Issues paper on the Russian Federation discusses the economic growth and future growth potential of the country.",
    "After almost a decade of impressive growth performance, Russia suffered a sharp contraction in 2009 with GDP falling by 8 percent.",
    "The paper provides:",
    "Historical performance:",
    "Analytical emphasis:",
    "Policy implications:",
    "The paper is based on an exogenous growth model.",
    "Uses growth accounting techniques to decompose growth in the past decade.",
    "Conceptual issues regarding potential growth are reviewed to inform policy choices.",
    "Emphasize structural reforms to restore and sustain high potential growth.",
    "Use insights from growth accounting and potential-growth analysis to prioritize reforms.",
    "**Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012**",
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