The monograph deals with analysis of the factors that determine the diversity in the degree and pace of economic development of Russia's regions. In particular, basing on the data of main socio economic indicators of RF constituent regions' performance, the authors have empirically tested...

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...

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...

In his Annual Presidential Address to the Federal Assembly on 30 November 2016, Russian President Vladimir Putin underscored Russia's goal to catch up with the world average growth rates by 2019–2020. As a reminder, the IMF projects 3.7% for the average annual growth rate of the global economy...

The results of the estimates obtained using the Gaidar Institute method of decomposing Russia's GDP growth rates show that in 2015 all of the components of economic growth rates will make them negative. Furthermore, the current economic contraction is mostly of structural nature induced by the...

The Gaidar Institute has developed a method of decomposing Russia's GDP growth rates into the structural, foreign trade, and market-based components based on the decomposition algorithm decomposing macroeconomic indicators of developed countries (OECD). The algorithm has been refi ned to take...

Calculations of decomposition of the RF GDP growth rates in 1999–2015 and the MED's forecast for 2016–2019 show that in current conditions cyclical components related to the domestic business cycle's entering the positive phase are the only source of economic growth. However, they alone are...

We have performed a decomposition of Russia's GDP growth rates to assess the current state of the Russian economy. Basic production factors (labour, capital, total factor productivity) in 2018 contributed to the growth around 1.6 p.p. Global crude oil prices posted a negative contribution of...

The model of the Russian economy that was formed in the 2000s does not match a new stable growth path, though it helped to calmly overcome the crisis of 2008 and 2009. The state needs to provide stability in the fields under its direct control, i.e. the budgetary and monetary policies. In the...