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In 2022, the Russian economy experienced a profound negative shock associated with the imposition of sanctions against Russia by a number of developed countries, including the freeze of the Bank of Russia’s international reserve assets, Russian banks being cut out of international payment...
Persistent link: https://www.econbiz.de/10014353620
In Q1 2021, Russia’s trade surplus reduced by almost one third compared to Q1 2020 due to growth in the total value of imports. Net capital outflows from the private sector decreased compared to the same period last year. This was mainly due to the growth of foreign banking assets and other...
Persistent link: https://www.econbiz.de/10013227984
The goal of this work is to conduct a comprehensive analysis of the role of Bank of Russia in the formation of money supply, taking into account internal and external factors that determine the development of the economy. First, we examined base theoretical and empirical models of money supply...
Persistent link: https://www.econbiz.de/10011144177
The key factor in the strengthening of the real exchange rate of the ruble in the 2000s was the transformation based growth of Russia’s economy (the Balassa–Samuelson eff ect) coupled with the improving foreign trade conditions. As can be concluded on the basis of data for Q4 2014, for the...
Persistent link: https://www.econbiz.de/10011185641
The consumer price index stood at 0.6% in October 2013 (against 0.5% in October 2012), having shown a 0.4 p.p. increase as compared to September 2013. Therefore inflation increased more than 6.3% on a year-over-year basis at the end of the 10-month period. In the first 18 days of November 2013...
Persistent link: https://www.econbiz.de/10013071424
In September 2013, the Consumer Price Index (CPI) amounted to 0.2% (against 0.6% in September 2012), which is by 0.1 pp. higher than its value recorded in August 2013. Thus, the inflation rate in per annum terms, as seen by the results of the first 9 months of 2013, increased above 6.1%. Over...
Persistent link: https://www.econbiz.de/10013072516
In August 2013, the Consumer Price Index (CPI) amounted to 0.1% (same as its level in August 2012), which is by 0.7 pp. lower than its value recorded in July 2013. Thus, the inflation rate in per annum terms, as seen by the results of the first 8 months of 2013, increased above 6.5%. Over the...
Persistent link: https://www.econbiz.de/10013073669
In July 2013, the Consumer Price Index (CPI) amounted to 0.8% (against 1.2% in July 2012), which is by 0.4 p.p. higher than its value recorded in June 2013. Over the period from 1 August through 26 August, the CPI rose by 0.1%. Thus, the inflation rate in per annum terms increased above 5.6%. In...
Persistent link: https://www.econbiz.de/10013074775
In June 2013, the consumer price index stood at 0.4% (against 0.9% in June 2012), being 0.3 p.p. less than in May 2013. The consumer price index reached 0.8%. within the first 20 days in July 2013. Therefore, inflation exceeded 6.9% on a year-on-year basis. According to Bank of Russia's...
Persistent link: https://www.econbiz.de/10013075578
В данной работе представлен краткий обзор теоретических и эмпирических работ по учету научно-технического прогресса в моделях экономического роста, выявлены...
Persistent link: https://www.econbiz.de/10013075728