Turkey needs to 'get rid of' Russian S-400 system to overcome impasse with U.S. - U.S. official
Author links open overlay panel Alexey Kudrin a b Evsey Gurvich c. Under a Creative Commons license. Abstract The problems underlying the current slowdown of the Russian economy are of a persistent nature and cannot be resolved with simple measures such as a softer monetary or fiscal policy. JEL classification E6. Keywords growth model.
The fundamen- tal reason for these problems is the weak market environment dominated by public and quasi-public companies. A new growth model should be based upon strong incentive for the business, as well as the government regulation system, to improve efficiency.