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 to Austria’s current economic situation and to fit Austria’s growth in the best possible theoretical framework. After taking a look at the nation’s growth process we will describe describes Russia’s general characteristics and suggests some proposals that may help this economy increase its growth in the future. Since we know that the current COVID-19 crisis has had negative impacts in all countries in the world, we will also describe some possibilities in which the crisis may affect our suggestions.