Russia's positive balance of trade increased in 2017, ensuring a steady BoP position. The private sector saw capital outflow in 2017, mostly because Russian banks had trimmed foreign-exchange liabilities. The rouble appreciated on the back of stable balance of payments

2017 year-end positive results, particularly real GDP growth recovery, fixed investment growth, reflected largely the termination of the cyclical downswing phase for the Russian economy. However, structural and external factors in 2018 will not be able to shore up economic growth. To ensure a...

As before, the main obstacle to successful import substitution is the absence, in RF territory, of the production of equipment, equipment components and raw materials needed by Russian enterprises. The second issue associated with problematic import substitution is the low quality of domestic...

Russia's economic landscape of the past few weeks, and especially its international economic environment, were characterized by a bizarre combination of mostly positive facts and grim misgivings regarding the possible expansion of sanctions and the predominantly positive facts

In 2017, Russia's regions saw their socioeconomic status improve marginally over 2016. Industrial sectors continued to increase in most of the regions, as investment rose in half of the regions. The unemployment rate continued to below. However, personal incomes and residential construction...

Two, virtually opposite, trends have developed in the Russian economy early in September. The former refers to disclosure of plans for launching new, mostly infrastructural, megaprojects, while the latter is that the Bank of Russia has recognized publicly that it may raise the key interest rate

The RF government resolution of April 28, 2018 approved the National Report on the progress and outcome of the implementation in 2017 of the State Program for the Development of Agriculture 2013–20201. Not all conclusions of the report seem to be justified. Moreover, some measures of support...

Banking profit in early 2018 remained at the level of the previous year. Herewith, notable decrease in net banking operating income due to interest rates reduction was off set by no losses incurred from currency revaluation. The reason was in termination of the national currency appreciation

Goal set by May Executive order of the President to reduce poverty by twofold will require not only growth of real wages and real incomes of population but also modification of the social support system for improving its targeting. This transformation has already started in the regions of Russia...

Corporate lending market exhibits buoyancy in early 2018. Nominal volumes of new loans issued to corporate borrowers is close to pre-crisis maximum. However, corporate lending remains low against economic activity. The quality of credit portfolios can not be assessed positively yet due to the...