The Current State of the Russian Economy

Autor(en): Philip Hanson
Herausgeber: Stephen Aris, Matthias Neumann, Robert Orttung, Jeronim Perovic, Heiko Pleines, Hans-Henning Schröder, Aglaya Snetkov
Serie: Russian Analytical Digest (RAD)
Ausgabe: 149
Seiten: 2-5
Verlag(e): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University
Publikationsjahr: 2014

Russian economic growth had slowed to a crawl before the Ukraine crisis. The reasons for this are assessed from both the demand side and the production capability side. Radical reforms to improve business confidence are needed but are unlikely to be undertaken. The Ukraine crisis and foreign sanctions make near-term prospects worse than they already were. In the medium term some restoration of growth is possible, but only to rates below the global average.

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