Template-Type: ReDIF-Paper 1.0
Author-Name:Sergey Drobyshevsky
Author-Name-First: Sergey   
Author-Name-Last: Drobyshevsky
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: RUSSIAN ECONOMY AS THE HOSTAGE OF HIGH OIL PRICES
Abstract:This paper is about the bane of the Russian economy: rich oil and gas reserves, which hamper the implementation of structural economic reforms. Oil industry forms the backbone of the Russian economy playing a major role in ensuring revenues of the government budget and the country�s favorable trade balance. 
Creation-Date:  2012
Revision-Date:   2012
File-URL: https://www.iep.ru/files/RePEc/gai/wpaper/0036Drobyshevsky.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Classification-JEL: L71, L72
Keywords: Russian economy, Russia�s oil-and-gas sector.
Handle: RePEc:gai:wpaper:0036