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Preliminary data on Russia's economic results of 2015, as well as the current trends in the global energy market, give grounds for revising down possible scenarios for Russia's economy in 2016-2017. For instance, a scenario of yearly average oil prices staying at $35 a barrel in 2016 is now the...
Persistent link: https://www.econbiz.de/10012998564
In Q 3-4 2016, Russia's economy entered the phase of cyclical growth from the lowest point of the business cycle, its typical feature being the unstable movement patterns of the main socioeconomic development indicators. Inflation hit its historic low. The ruble's strengthening boosted the...
Persistent link: https://www.econbiz.de/10012959655
Our macroeconomic forecast of the most probable scenarios for 2016–2018 indicates that the Russian economy will pass through the lowest point of the current crisis in mid-2016, and that thereafter, from H2 2016 onwards, it will start displaying signs of stabilization and even recovery. In...
Persistent link: https://www.econbiz.de/10012986095
Developments that unfolded in Q1 2016, particularly the decline of crude oil prices down to a 12-year low, may result in worse-than-expected outcomes at 2016 year-end. Unlike the forecast that we made in January, we have revised down our 2016 baseline scenario for GDP growth rates from -1.4% to...
Persistent link: https://www.econbiz.de/10012991870
The results of H1 2017 on the one hand support the previous assumptions that the Russian economy is entering a growth phase, and on the other hand provide evidence of elevated uncertainty regarding the terms and prospects of economic development in the future. We expect that key macroeconomic...
Persistent link: https://www.econbiz.de/10012949165
According to our forecast, the period 2017–2018 will see renewed growth of practically every main socioeconomic activity index, even under the scenario geared to a persistently unfavorable external situation. The economy will be able to show only weak growth at a rate of 2% в per annum....
Persistent link: https://www.econbiz.de/10012980811
Актуальность темы исследования: Прогнозирование макроэкономических показателей является одним из основных элементов макроэкономической политики и выполняет...
Persistent link: https://www.econbiz.de/10014156675
The current innovative economy considers digitalization as a factor influencing the most important socio-economic processes, including those related to progressive structural changes, social development, improvement of the efficiency of public administration, and growth of the population's...
Persistent link: https://www.econbiz.de/10014082361
Persistent link: https://www.econbiz.de/10013100538
A 2019–2024 forecast of the Russian Ministry of Economic Development can be regarded as a modest and realistic projection for 2019–2020 and a target projection intended to achieve the nation's development targets for 2021–2024. The forecast contains some controversial provisions which can...
Persistent link: https://www.econbiz.de/10012907477