According to the head of the laboratory of the Gaidar Institute of Economic Policy, Vladimir Nazarov, in Russia nothing has been done since the time of the last crisis, and in the current structure of the economy significant growth is not possible. "Our country is in a very bad position. In the budget we have predicted $97 per barrel. But despite the fact that average prices hold at $107, we see that the growth rate is much lower than that predicted," the expert said.
He predicted that Russia's GDP growth up to 2013 will be slightly above 2%, as an incentive will be provided by the effect of devaluation of the currency.
Vladimir Nazarov: Possible ways to reforms in Russia
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