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Oil and gas production remain the core sector of Russia economy, which has a leading role in generating federal budget revenue and this country’s balance of trade. The factors that exerted the most significant influence on the development of the oil and gas sector of the Russian economy in...
Persistent link: https://www.econbiz.de/10010595482
Oil and gas comprise the main sector of the Russian economy that continues to play a key role in shaping the state budget revenues and the balance of trade. In 2013, against the background of continuing high global prices for oil and gas, petroleum production in Russia reached its highest level...
Persistent link: https://www.econbiz.de/10010813816
Petroleum complex is Russia’s basic economic sector which is playing a leading role in providing the state budget revenues. This paper is dedicated to the main issues of the government petroleum tax policy in Russia. The author analyses the outcome of the implemented petroleum tax reform and...
Persistent link: https://www.econbiz.de/10010595443
Oil and gas sector remains the backbone of the Russian economy and produces the lion’s share of the state budget revenues and of the trade balance. Acute oil price fluctuations which took place on the free market, reduction in demand for gas, as well as objective fall in the oil and gas...
Persistent link: https://www.econbiz.de/10010595478
This paper deals with a wide choice of issues related to the Russian GDP, development and structure of production by types of economic activity.
Persistent link: https://www.econbiz.de/10010595501
This article deals with a wide choice of issues related to macroeconomic production. Characteristic feature of 2006-2007 was economic growth acceleration rates along with positive effect of foreign economic situation factors and internal economic activity. Increase in business activity was based...
Persistent link: https://www.econbiz.de/10010595518