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How monetary policy depresses economic growth in Russia and the Eurasian Economic Union

2022· article· en· W4224132023 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueRussian Economic Journal · 2022
Typearticle
Languageen
FieldSocial Sciences
TopicEconomic and Technological Developments in Russia
Canadian institutionsnot available
Fundersnot available
KeywordsEconomic unionRecessionInvestment (military)EconomicsEconomic policyQuarter (Canadian coin)Production (economics)Industrial productionInternational economicsInternational tradeMacroeconomicsPolitical scienceGeographyPolitics

Abstract

fetched live from OpenAlex

The relatively successful overcoming by the Russian economy of 2021 with an increase in GDP of 4.3% and investment in fixed assets of 5.6% inspires cautious optimism associated with the ability of the system of state power in crisis periods to target managerial influences, mobilizing the resources required to correct the macroeconomic situation. Already in the middle of the year, the 2020 recession caused by the pandemic consequences has been overcome, and there were good reasons to expect this trend to continue in 2022. To reach the targets of the annual GDP growth of the Eurasian Economic Union by 5-5.5%, established by the Supreme Eurasian Economic Council (the level of the heads of the EAEU states), there are all possibilities: production capacities that are not loaded by a third, the resources of the common labor market of the EAEU are far from exhausted, the abundance of exported industrial raw materials and energy resources, the scientific and technical potential involved by barely a quarter. According to our estimates, the available production capacities and untapped resources allow increasing output by more than 8% per year, however, the tightening of the monetary policy pursued by the Bank of Russia and following the same restrictive paradigm of the central (national) banks of the partner countries of the Union do not allow subordinating the existing reserves to development goals and achieving faster growth rates.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies, Insufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.409
Threshold uncertainty score0.999

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0020.001
Scholarly communication0.0010.001
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.010
GPT teacher head0.240
Teacher spread0.230 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it