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REVERSING THE SLUMP. MACROECONOMIC FORECAST FOR 2016-2018

Sergey Drobyshevsky, Marina Turuntseva, Mikhail Khromov and Vladimir Averkiev
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Vladimir Averkiev: Gaidar Institute for Economic Policy

Russian Economic Developments, 2016, issue 10, 2-8

Abstract: 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. Inflationary and budgetary risks will persist. Sustainable growth can only be achievable if a consistent and predictable economic policy is implemented in order to improve the domestic business and investment climate, carry on structural reform, and eliminate the macroeconomic destabiliza on risks.

Keywords: Macroeconomic; Forecast; Markets; Russian Economy (search for similar items in EconPapers)
JEL-codes: O32 O38 (search for similar items in EconPapers)
Date: 2016
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