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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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 |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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en_US |
topic |
recession economic growth balance of payments monetary policy poverty trends economic outlook shared prosperity export competitiveness direct foreign investment |
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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 |
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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 |
_version_ |
1764455683871211520 |