The large-scale National Priority Project in housing has the potential to cause an accelerated increase in real estate prices, household debt, and banks’ credit risks. Moreover, explosive market growth could give way to a slump when the Project comes to an end.
Russia’s potential economic growth rate is estimated at 0.7-1.3%, depending on the calculation method. Total factor productivity (i.e. knowledge, technologies, innovations) contribution has been used up.
Analyses of poverty and well-being depend on the methods used to assess the social structure of society. The most suitable methods for Russia are methods applicable to developed countries – but the results of these methods show a decline in living standards.