## Russian Federation: Selected Issues

_IMF Staff Country Reports, August 3, 2012_

## Source details

**Canonical URL:** [Russian Federation: Selected Issues](https://www.imf.org/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149/bundle-manifest.json)

## Bibliographic details
- Published: August 3, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475505047.002

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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.
- The paper provides:
  - an overview of the conceptual issues regarding potential growth;
  - the analytical framework based on an exogenous growth model;
  - growth accounting results for Russia in the past decade;
  - discussion of the importance of structural reforms to achieve sustained high growth.

### Key findings and observations
- Historical performance:
  - Nearly a decade of impressive growth prior to 2009.
  - Sharp contraction in 2009: GDP fell by 8 percent.
- Analytical emphasis:
  - Focus on potential growth measurement and drivers.
  - Growth accounting for Russia over the past decade to identify contributions to growth.
- Policy implications:
  - Structural reforms are important to achieve sustained high growth.

### Analytical framework
- 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.

### Policy recommendations (as summarized in the paper)
- Emphasize structural reforms to restore and sustain high potential growth.
- Use insights from growth accounting and potential-growth analysis to prioritize reforms.

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## Content in this bundle

- **Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012**
  - [Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr12218.pdf.md){rel="alternate" type="text/markdown"}
  - [Russian Federation: Selected Issues; IMF Country Report No. 12/218; July 11, 2012 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr12218.pdf){rel="external" type="application/pdf"}
- **_cr12218r**
  - [_cr12218r (Markdown version)](/-/media/websites/imf/imported-publications/external/russian/pubs/ft/scr/2012/_cr12218r.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr12218r (PDF)](/-/media/websites/imf/imported-publications/external/russian/pubs/ft/scr/2012/_cr12218r.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/russian-federation-selected-issues-26149_