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...

Despite the adherence to the commitments according to the OPEC+ deal on the joint efforts to cut production, during Russia's three-year participation in the deal as a whole the annual crude oil production in the country increased by 2.4% on the back of stabilized world crude oil prices. Collapse...

Russian Abstract: Три предыдущих кризиса в России были разными, начавшийся кризис также имеет свои отраслевые и пространственные особенности. Риски занятости...

In 2018 the output dynamics of the manufacturing industries were close to zero. Growth was observed in the primary sector mainly on the back of a surge in production of natural gas and coal. In manufacturing, positive growth rates were related either with a favorable global market environment or...

Russian Abstract: Налоговая политика непосредственно влияет на состояние делового климата в стране и конкурентоспособность национального бизнеса. На протяжении...

In November 2018, Russia's Federal Antimonopoly Service (FAS Russia) and Ministry of Energy (MinEnergo) came to an agreement with Russian oil companies to freeze petroleum products prices in the country until March 2019, which may be a headwind for fiscal regulation policies in the Russian...

In Q3 2018, the movement of industrial production indices returned to a near zero growth pattern, and first of all in the manufacturing sectors. In some industries, the slightly positive dynamics may have had to do, in part, with government support measures. Over the course of the same quarter,...

Rosstat announced late in Q2 2018 that it would need to revise its statistics on industrial production dynamics. As a result, growth rates, which were close to zero in the first quarter, turned positive for both the manufacturing and extraction sectors at the half year's end. A lack of...

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”...

Based on the results of Q3 2019, the industrial production demonstrated growth which was facilitated by positive dynamics both in the primary and manufacturing sectors. At the same time, it is not absolutely certain that growth will continue in the long-term prospect. In the past few months,...