This chapter considers scenarios for the development of the Russian economy in the medium term under the “new reality” conditions, with the latter implying a slowdown in China’s economic growth rate, lower commodity prices, rising geopolitical tensions, and the rapid development of digital...

We examine the behavior of the Russian stock market as one of the leading indices of economic health, reflecting investors’ expectations about future returns. The sample period includes the global financial crisis, a recovering period, and the recent crisis in the Russian economy 2014–2015....