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In his Annual Presidential Address to the Federal Assembly on 30 November 2016, Russian President Vladimir Putin underscored Russia's goal to catch up with the world average growth rates by 2019–2020. As a reminder, the IMF projects 3.7% for the average annual growth rate of the global economy...
Persistent link: https://www.econbiz.de/10012952697
The results of the estimates obtained using the Gaidar Institute method of decomposing Russia's GDP growth rates show that in 2015 all of the components of economic growth rates will make them negative. Furthermore, the current economic contraction is mostly of structural nature induced by the...
Persistent link: https://www.econbiz.de/10013023163
The Gaidar Institute has developed a method of decomposing Russia's GDP growth rates into the structural, foreign trade, and market-based components based on the decomposition algorithm decomposing macroeconomic indicators of developed countries (OECD). The algorithm has been refi ned to take...
Persistent link: https://www.econbiz.de/10013028752
Calculations of decomposition of the RF GDP growth rates in 1999–2015 and the MED's forecast for 2016–2019 show that in current conditions cyclical components related to the domestic business cycle's entering the positive phase are the only source of economic growth. However, they alone are...
Persistent link: https://www.econbiz.de/10012988026
Persistent link: https://www.econbiz.de/10010516844
Existing historical GDP series for Norway do not always coincide with our historical knowledge of the economic development. This is to a large extent a result of lack of calculations from the production side and in addition to insufficient data sets upon which these series rest. The present...
Persistent link: https://www.econbiz.de/10012830433
This study aims to investigate the relationship of economic development, measured as economic growth, energy use, trade and foreign direct investment one the one hand and environmental degradation (carbon dioxide (hereafter CO2) emissions) on the other hand, in eleven emerging Eastern European...
Persistent link: https://www.econbiz.de/10012868999
This paper presents the results of long run labour productivity and GDP growth rate projections (until 2050) for each of the 25 EU Member States and provides a detailed overview of the forecast methodology used. These projections were undertaken in order to provide an internationally comparable...
Persistent link: https://www.econbiz.de/10012714560
Persistent link: https://www.econbiz.de/10012195492
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10011755500