Where the Fate is Taking us? The Russian Economy in 2011 (The Ending)

Viktor Starodubrovskiy ()
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Viktor Starodubrovskiy: Gaidar Institute for Economic Policy

Ekonomicheskaya Politika / Economic Policy, 2012, 127—172

Abstract: In the second part of the article (first published in previous issue) the author provides a more detailed description of the situation and problems in some areas of the Russian economy: the real sector, fiscal and monetary sectors, the financial markets, foreign trade and external debt. A comprehensive review of certain types of national economic activity especially in the industry indicates that the state of crisis continues to dominate in many of them. In various areas of economic activity risks remain especially internal. The unfavorable business climate, lack of business confidence in the authorities, bloated budget expenditures, credit expansion with a shortage of liquidity, compensated by Central Bank and a number of other factors increase the threat to move the situation in the power of fate, that is, forces beyond our control.

Keywords: the real sector; fiscal and monetary sectors; the financial markets; foreign trade; external debt (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:ecopol:ep1238

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