This book analyses Russia's dramatic economic recovery since the country's financial crisis in 1998, with the focus on macroeconomic issues and fiscal and banking sector reforms. It considers the various factors underlying this recovery and highlights key policy challenges that will need to be addressed in order to ensure that the post-crisis recovery is sustained. Chapters look at macroeconomic policymaking; structural reforms and the growth outlook; tax and public expenditure reforms; the banking crisis and recovery; debt problems and the road from default to sustainability.

Volume editor: David Owen, David O. Robinson