Rich in natural resources, straddling Europe and Asia, and home to markets of immense scale, Russia is an essential, critical player in an unprecedently complex global economy. Yet it has yet to fully exploit its unique position within this brave new world.
Exploring the Future of Russia's Economy and Markets offers the first serious study of Russia's contemporary economic growth and economic aptitude. Based on the April 2017 conference "'New Reality' and Russian Markets" held at Harvard University and co-hosted by Harvard Davis Center for Russian and Eurasian Studies and RUDN University, Moscow, it brings together world-renowned thinkers to offer the latest empirical research on recent financial risks, institutional policies, and financial stability, all while weaving sound economic analyses around countercyclical expansionary macrotrends within the global market, current fiscal and monetary policies, and business cycles. It provides definitive technical insights into fintech, industrial policies and technological parks, TNCs, the oil and natural gas industry, and the impact of international sanctions on Russia's sustainable development. Cumulatively, the chapters gathered here demand that Russia look for alternative key drivers to get its economy going. The distinguished economists gathered here offer flexible bases for economic and financial stability that would foster sustainable economic development for Russia.
Exploring the Future of Russia's Economy and Markets is essential reading for economists, policy makers, and students wishing to understand how Russia might take full advantage of its pivotal position within the world economy.
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Bruno S. Sergi teaches on emerging markets and the political economies of Russia and China at Harvard University; he is an Associate of the Davis Center for Russian and Eurasian Studies; and he is Scientific Director of the Lab for Entrepreneurship and Development at Harvard. He also teaches international economics at the University of Messina, is the Series Editor of Cambridge Elements in the Economics of Emerging Markets, Co-Series Editor of the Emerald Publishing book series Harvard Lab for Entrepreneurship and Development, an Associate Editor of The American Economist, and Co-Founder and Scientific Director of the International Center for Emerging Markets Research at RUDN University in Moscow.
"Exploring the Future of Russia's Economy and Markets: Towards Sustainable Economic Development is a complex publication on the current economic growth and the economic potential of Russia. It is well worth reading because it offers valuable insights which will encourage further economic and political analysis. It also presents new ideas to readers interested in the Russian economic experiment and wishing to learn more about Russia's political direction." --Renáta Pitonáková, Faculty of Social and Economic Sciences of Comenius University, Bratislava, Journal for Labour and Social Affairs in Eastern Europe, vol. 21 (2018)
"The 13 chapters of this book... [help] us see through the fog of geopolitical tension through a glaring reality check about Russia's economy. The book offers a sweeping examination of Russia's evolving economic landscape, identifying its growth potentials, risks, and development trends." --Waiching Li , The Fletcher Forum of World Affairs, 16 January 2019
"Exploring the Future of Russia's Economy and Markets is a valuable source of information on Russia's economic place in the world today. It is a good addition to any reading list on the Russian economy." --Marcus Marktanner, International Affairs, Volume 95, Issue 2, 1 March 2019, Pages 497-498
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