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Obstacles to Post-Crisis Recovery

Dmitriy N. Shults – Macroeconomic Research Director of the Infrastructure Economics Centre, PhD in Economics (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Ekaterina V. Vikhareva – Lead Expert of the Infrastructure Economics Centre (Perm, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Anastasia A. Glazunova – Project Manager of the Infrastructure Economics Centre (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Prospects of Russian economic development will face both internal and external constraints. For example, imbalances in the global financial system are getting momentum, one can expect rise in inequality, social and political instability and populism, geopolitical tensions and trade wars. In case of Russian economy, the negative external context is exacerbated by green global energy. Among internal constraints for the long-term growth are adverse demographic trends, low investment activity, high proportion of the state in the economy, administrative barriers and inefficient institutions.

Key words: covid-crisis, post-crisis recovery, potential growth.