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Parameters of Economic Growth Model for the Period until 2024

Georgy Idrisov – Director of the Center for Real Sector of the Gaidar Institute; Director of Institute for Sectoral Markets and Infrastructure, Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Pavel Pavlov – Senior Research fellow of the System Analysis of Sectoral Markets and Infrastructure Departments, Institute for Sectoral Markets and Infrastructure, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Aiming to become one of the world’s top five economies, Russia’s economy should advance in real terms by 30% (in nominal terms by 50%) by 2024 over 2016. To reach this goal, investments should represent up to 25% of GDP by 2024. Economic boost can be driven by key investment-led sectors, namely construction sector, investment goods sectors, and sectors that underlie the digital economy infrastructure.

Key words: Russia, economic growth model, GDP, investment, investment sectors of economy, digital economy.