Strategies of Economic Development
In 2007–2008 the United Nations Department of Economic and Social Affairs published a series of works called “National Development Strategy”. They critically analyze the achievements and failures of developing countries in implementing their economic policy in the fields of macroeconomics, technology, investments, foreign trade, social sphere, public enterprises and the financial sector. These papers have been prepared under the direction of Jomo Kwame Sundaram, the winner of 2007 Leontief Prize for Advancing the Frontiers of Economic Thought, current UN Assistant Secretary-General for Economic Development. In this book, the national development strategies are discussed in the context of Russian economic problems. To what extent the economic problems of new Russia are similar to those of other countries that formulate their national development strategies? What lessons can we learn from the mistakes and successes of the countries which are trying to break free from underdevelopment, poverty, and economic instability? Can we apply the UN recommendations on the development of national strategies to the Russian realities?
The author is the head of a department in the G raduate School of International Business of the Academy of National Economy and Public Administration, professor of the New Economic School.