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The economic development indicators in the Russian Federation over the first half-year of 2015 and the initial data on the movement of the main macroeconomic indices in July-August 2015 are such that they have necessitated a downward adjustment of the main macroeconomic indices plotted in the...
Persistent link: https://www.econbiz.de/10013012847
The results of the estimates made using a method developed by the Gaidar Institute for decomposing Russia's GDP growth rates show that economic contraction in 2015 is determined by structural causes, according to the two scenarios within an updated forecast of the Ministry of Economic...
Persistent link: https://www.econbiz.de/10013018130
Some of Russia's big private banks were faced with the risk of banking license revocation in August–September 2017. The financial resolution of Bank Otkritie and of Binbank was implemented using a new mechanism – The Fund for Banking Sector Consolidation
Persistent link: https://www.econbiz.de/10012942168
The ongoing revival of Russia's positive economic growth rates in 2017 was anticipated by an overwhelming majority of experts. A certain correction was reasonably expected following the 2015/16 decline in GDP and in investment and a drastic fall of living standards for the first time in 15...
Persistent link: https://www.econbiz.de/10012942169
The Gaidar Institute developed a comprehensive methodology for decomposing the growth rate of Russia's GDP into its structural, foreign trade and situational components, which is based on the same decompositin algorithm as applied in the analysis of macroeconomic indicators of the developed...
Persistent link: https://www.econbiz.de/10013043232
The digital ruble law, which is coming into force, essentially means the emergence of a new form of money in Russia. This is the Central Bank’s digital ruble, intended for mass use by households and businesses. In this regard, it is important to assess the features, advantages and, at the same...
Persistent link: https://www.econbiz.de/10014349321
The first assessments of the effects of the coronavirus epidemic suggest that the extent of global recession may exceed economic losses brought about by the global 2008–2009 crisis. However, it is not yet clear for how long a sharp slowdown of the global economic activity is going to last and...
Persistent link: https://www.econbiz.de/10014351150