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Preliminary data on Russia's economic results of 2015, as well as the current trends in the global energy market, give grounds for revising down possible scenarios for Russia's economy in 2016-2017. For instance, a scenario of yearly average oil prices staying at $35 a barrel in 2016 is now the...
Persistent link: https://www.econbiz.de/10012998564
According to our forecast, the period 2017–2018 will see renewed growth of practically every main socioeconomic activity index, even under the scenario geared to a persistently unfavorable external situation. The economy will be able to show only weak growth at a rate of 2% в per annum....
Persistent link: https://www.econbiz.de/10012980811
Developments that unfolded in Q1 2016, particularly the decline of crude oil prices down to a 12-year low, may result in worse-than-expected outcomes at 2016 year-end. Unlike the forecast that we made in January, we have revised down our 2016 baseline scenario for GDP growth rates from -1.4% to...
Persistent link: https://www.econbiz.de/10012991870
The lower scale of GDP decline in 2015–2016 that resulted from the revision, by the Russian Federal State Statistics Service (Rosstat), of its previously released data produced a ‘base effect' which, in its turn, scaled down the existing forecasts for 2017–2018: the reported recovery...
Persistent link: https://www.econbiz.de/10012957810
In Q 3-4 2016, Russia's economy entered the phase of cyclical growth from the lowest point of the business cycle, its typical feature being the unstable movement patterns of the main socioeconomic development indicators. Inflation hit its historic low. The ruble's strengthening boosted the...
Persistent link: https://www.econbiz.de/10012959655
Актуальность темы исследования: Прогнозирование макроэкономических показателей является одним из основных элементов макроэкономической политики и выполняет...
Persistent link: https://www.econbiz.de/10014156675
A 2019–2024 forecast of the Russian Ministry of Economic Development can be regarded as a modest and realistic projection for 2019–2020 and a target projection intended to achieve the nation's development targets for 2021–2024. The forecast contains some controversial provisions which can...
Persistent link: https://www.econbiz.de/10012907477
Persistent link: https://www.econbiz.de/10013100538
Development of Russian and world economies in Q2 2020 demonstrates that despite economic collapse countries are adapting to the current situation and in case there is no second wave of pandemic the crisis will take a V-type form. In particular, the oil price is unlikely to drop below $35 per...
Persistent link: https://www.econbiz.de/10012828710