Problems of Russian Economic Sustainability in Conditions of Debt Economy

DOI

10.2991/icemw-18.2018.25How to use a DOI?

Keywords

model of debt economy, paternalism, economic crisis, modernization, economic growth

Abstract

Focusing on the specific causes of the economic crisis in the EU, the authors note that the most important of them is the domination of unreasonably high social standards over the economic opportunities for their support. According to the authors, it is the debt nature of the European economy that frees European governments from the need to carefully balance the growth of public spending with revenues and creates an imaginary sense of economic well-being, which ultimately leads to profound economic shocks. Considering the problems hindering the sustainable economic development of Russia, the authors are looking for ways to overcome them. According to the authors, sustainable economic development of the Russian economy will be facilitated by the following factors: optimizing Russia's participation in the world economy with an orientation towards a policy of economic independence; priority of stimulating economic development over financial stabilization; correcting the imbalances in the structure of the economy in favor of the real sector; implementation of large-scale state-building projects involving private capital; introduction of modern management methods; orientation on the digital economy and optimal development of labor resources. The authors believe that the key to successful sustainable economic development is a qualitative change in human capital

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - V.V. Moiseev
AU  - V.F. Nitsevich
AU  - Zh.N. Avilova
AU  - O. A. Sudorgin
PY  - 2018/08
DA  - 2018/08
TI  - Problems of Russian Economic Sustainability in Conditions of Debt Economy
BT  - Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
PB  - Atlantis Press
SP  - 133
EP  - 138
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemw-18.2018.25
DO  - 10.2991/icemw-18.2018.25
ID  - Moiseev2018/08
ER  -