Symptoms and estimations of the rental-resources nature of domestic economy

Often, researchers describe an economic system that has developed in modern Russia, through the concept of rental-resources economy. The article deals with the manifestations and assesses the validity of this definition of the nature of the domestic economy. It is concluded that the flow of rental income, their value and stability determine the dynamics and the model of development.

Keywords: fiscal policy, exchange rate, rentier state, monetary policy, the rent, the sovereign fund, rental-resources economy