Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery

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...

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Main Author: World Bank Group
Format: Report
Language:en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://hdl.handle.net/10986/24028
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spelling okr-10986-240282021-05-25T10:54:44Z Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery World Bank Group recession economic growth balance of payments monetary policy poverty trends economic outlook shared prosperity export competitiveness direct foreign investment 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. 2016-04-08T17:06:57Z 2016-04-08T17:06:57Z 2016-04-08 Report http://hdl.handle.net/10986/24028 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Europe and Central Asia Russian Federation
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic recession
economic growth
balance of payments
monetary policy
poverty trends
economic outlook
shared prosperity
export competitiveness
direct foreign investment
spellingShingle recession
economic growth
balance of payments
monetary policy
poverty trends
economic outlook
shared prosperity
export competitiveness
direct foreign investment
World Bank Group
Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
geographic_facet Europe and Central Asia
Russian Federation
description 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.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
title_short Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
title_full Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
title_fullStr Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
title_full_unstemmed Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
title_sort russian economic report, no. 35, april 2016 : the long journey to recovery
publisher World Bank, Washington, DC
publishDate 2016
url http://hdl.handle.net/10986/24028
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