1 Introduction

This document was created by an expert Austrian Committee integrated by economists Jose Londono, Esteban Baquero and Juan Pablo Zapata. The goal of this text is to analyze and review the growth mechanisms that have led Austria to it’s current situation and to fit it in the best possible theoretical framework. Afterwards, it describes Russia’s general characteristics and suggests some proposals that may help this nation increase its growth in the future, all of this while keeping up with the current COVID-19 crysis.