A Golden Rule for Russia? How a Rule‑Based Fiscal Policy Can Allow a Smooth Adjustment to the New Terms of Trade
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
The Russian economy continues to grow strongly, buoyed by rising terms of trade, which, in turn, are
supporting a boom in domestic consumption. This paper addresses the challenge that the adjustment to
sustained high oil prices poses for macroeconomic management. It first examines the impact of rising
terms of trade on the domestic economy,...
