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Section 3. Financial markets and financial institutions

Vladimir Mau (), I. Kiyutsevskaya, P. Trunin, A. Mamedov, Sergei Belev, M. Dechko, A. Alaev, Igor Arlashkin, Alexander Deryugin, V. Nazarov, A. Abramov, Mikhail Khromov, A. Shadrin, O. Izryadnova, Sergey Tsukhlo, E. Ilyukhina, Yu. Bobylev, N. Karlova, Vasily Uzun, Natalia Shagaida (), Renata Yanbykh (), N. Volovik, Svetlana Misikhina, L. Karachurina, T. Klyachko, I. Dezhina, Georgiy Malginov, A. Radygin;, Yu. Simachev, M. Kuzyk, Boris Kuznetsov, E. Pogrebnyak, Elena Apevalova, Natalia Polezhaeva, G. Zadonsky, G. Sternik, V. Tsymbal, V. Zatsepin, I. Starodubrovskaya, K. Kazenin and I. Tolmacheva
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I. Tolmacheva: Gaidar Institute for Economic Policy

Chapter 3 in RUSSIAN ECONOMY IN 2013 Trends and Outlooks (Issue 35), 2014, pp 93-189 from Gaidar Institute for Economic Policy

Abstract: By January 2014 the Russian market recovered but its stock indices were still below the highest ones recorded shortly before the crisis in 2008. Unlike the crisis in 1997–1998 after which the market saw a V-shaped recovery, the dynamics of the RTS Index after 2008 showed a W-shaped trend, to be more precise. The RTS Index passed through a second downtrend phase within this contour in 2013, declining from 2044,2 points in March 2011 to 1301,0 points in January 2014.

Keywords: Financial markets; financial institutions (search for similar items in EconPapers)
Date: 2014
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