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The objective of this paper is to review the structure of the Russian exports and its dynamics over the last decade (the period of 1999-2006 is under review here) in the light of recent theoretical and empirical research findings on the importance of export structures to ensure sustainability of...
Persistent link: https://www.econbiz.de/10013103684
The paper contains the results of theoretical development and empirical verification of spatial gravity model of Russian trade. The authors conclude that the spatial variables and especially the location of the state border checkpoints have a significant effect on the volume and routes of...
Persistent link: https://www.econbiz.de/10013058350
The characteristic feature of mid-2017 is a slowdown in the production growth pattern that emerged earlier this year, and its downward slide towards stagnation. The majority of manufacturing industries continue to display a zero or negative dynamic, the only exception being those that are linked...
Persistent link: https://www.econbiz.de/10012947758
Unlike the previous two years when the domestic market's weakness was made up for by growth in the foreign trade balance and net exports, in 2019 the development of the Russian economy took place amid a simultaneous decline of the growth rates of overall domestic demand and foreign trade. In...
Persistent link: https://www.econbiz.de/10012823733
Some positive results have been achieved since a tax reform was kicked off in the Russian oil sector late in 2014. The 2014 – 2017 period saw an increase in the average depth of oil refining in Russia. Despite ongoing disputes, now is a good time to complete the so-called “tax manoeuvre”...
Persistent link: https://www.econbiz.de/10012915983
In September 2008, the IET's Department for Economic Situation Surveys conducted a business survey among Russian industrial enterprises aimed at identifying the existing obstacles to successful economic development. Within the business survey's framework the directors of enterprises were offered...
Persistent link: https://www.econbiz.de/10013036498
The trend that first became visible in early 2016 – decline giving way to zero rates of growth – towards the end of H1 had spread across a majority of segments of the economy's real sector. The lack of a noticeable domestic demand and dependence upon foreign equipment supplies coupled with...
Persistent link: https://www.econbiz.de/10012982669
Russia's import substitution policy has so far failed to have an across-the-board effect. Only a few industries, such as manufacture of metals, textiles, motor vehicles, have managed to replace some of the imported goods with domestically manufactured products. Russia's economy continues to be...
Persistent link: https://www.econbiz.de/10012995654