Template-Type: ReDIF-Paper 1.0
Author-Name: Vladimir Mau
Author-Name-First: Vladimir
Author-Name-Last: Mau
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Russia’s Economic Policy in 2010:  Quest for Innovations
Abstract:The austerity vs stimulus discussion among economists and politicians is gaining momentum. Not surprisingly, both parties are actively appealing to the memory of John Maynard Keynes who, indeed, put forth the idea of economic stimulus but never recommended that it be used on a scale as massive as that in the 1970s, when Richard Nixon declared himself a ‘Keynesian’ and pursued state intervention policies under the guise of Keynesianism.
Length: 8040 words
Creation-Date:  2011
Revision-Date:   2012
File-URL: https://www.iep.ru/files/RePEc/gai/wpaper/0033Mau.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Classification-JEL:  P41, P21, P31
Keywords: 2008 global econoic crisis, economic modernization, Russian economy, structural modernization, rent-based economy
Handle: RePEc:gai:wpaper:0033