Open AccessSOCIAL AND TECHNOLOGICAL CHALLENGES OF THE RUSSIAN ECONOMY
Author(s) -
A. Klepach,
Veb.Rf
Publication year - 2021
Publication title -
naučnye trudy volʹnogo èkonomičeskogo obŝestva rossii
Language(s) - English
Resource type - Journals
ISSN - 2072-2060
DOI - 10.38197/2072-2060-2021-230-4-103-112
Subject(s) - economics , inequality , russian economy , social justice , economic system , sustainable growth rate , social change , scale (ratio) , sustainable development , technological change , development economics , market economy , economic growth , macroeconomics , political science , political economy , finance , mathematical analysis , physics , mathematics , quantum mechanics , law
The Russian economy is recovering faster than previously expected, but it is lags behind i world leaders in growth and scale of social programs. The most acute societal challenge remains low incomes and high social inequalities. For long-term sustainable growth, the transition to a new model of human wealth development, social justice, knowledge and technology economics is crucial. Tight fiscal rules and monetary policies are hampering this transition.