Russian Economic Report, No. 35, April 2016

• Ngôn ngữ: eng
• Ký hiệu phân loại: 328.47 The legislative process
• Thông tin xuất bản: World Bank, Washington, DC, 2016
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 319271
• Chủ đề: 1. balance of payments; 2. economic growth; 3. monetary policy; 4. poverty trends; 5. recession

Tóm tắt

Russia's anticipated economic recovery was delayed. In 2015 the Russian economy began its difficult adjustment to the severe global oil-price shock and the imposition of economic sanctions in 2014. The impact of these twin shocks drove Russia's economy into a deep recession, which reached its nadir in the second quarter of 2015. Following a brief rally early in the year, a further decline in global oil prices in August 2015 derailed an anticipated recovery, and annual real GDP contracted by a total of 3.7 percent. This report series is produced twice a year by World Bank economists in the Macroeconomics and Fiscal Management Global Practice.