Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms

After a weak performance in the first half of 2019, helped by monetary easing, faster public spending and some one-off effects, economic growth in Russia picked up in the third quarter at 1.7 percent, y/y. Consequently, our 2019 forecast has been r...

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Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Moscow 2020
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK BALANCE OF PAYMENTS LABOR MARKET POVERTY MONETARY POLICY FISCAL POLICY FISCAL TRENDS WEALTH ACCOUNTING TRADE
Online Access:	http://documents.worldbank.org/curated/en/290511577724289579/Weaker-Global-Outlook-Sharpens-Focus-on-Domestic-Reforms http://hdl.handle.net/10986/33121

id	okr-10986-33121
recordtype	oai_dc
spelling	okr-10986-331212021-05-25T09:53:49Z Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK BALANCE OF PAYMENTS LABOR MARKET POVERTY MONETARY POLICY FISCAL POLICY FISCAL TRENDS WEALTH ACCOUNTING TRADE After a weak performance in the first half of 2019, helped by monetary easing, faster public spending and some one-off effects, economic growth in Russia picked up in the third quarter at 1.7 percent, y/y. Consequently, our 2019 forecast has been revised upwards to 1.2 percent (from its previous reading of 1 percent). Globally, growth has weakened substantially in 2019, reflecting a broad-based slowdown in industrial activity and global trade. Slowing external demand and the OPEC agreement weighed on Russia's exports performance. Crude oil prices fell 14 percent in January-September 2019, y/y, reflecting a downturn in the world economy. 2020-01-02T22:27:13Z 2020-01-02T22:27:13Z 2019-12 Report http://documents.worldbank.org/curated/en/290511577724289579/Weaker-Global-Outlook-Sharpens-Focus-on-Domestic-Reforms http://hdl.handle.net/10986/33121 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Moscow Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling 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	English
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK BALANCE OF PAYMENTS LABOR MARKET POVERTY MONETARY POLICY FISCAL POLICY FISCAL TRENDS WEALTH ACCOUNTING TRADE
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK BALANCE OF PAYMENTS LABOR MARKET POVERTY MONETARY POLICY FISCAL POLICY FISCAL TRENDS WEALTH ACCOUNTING TRADE World Bank Group Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms
geographic_facet	Europe and Central Asia Russian Federation
description	After a weak performance in the first half of 2019, helped by monetary easing, faster public spending and some one-off effects, economic growth in Russia picked up in the third quarter at 1.7 percent, y/y. Consequently, our 2019 forecast has been revised upwards to 1.2 percent (from its previous reading of 1 percent). Globally, growth has weakened substantially in 2019, reflecting a broad-based slowdown in industrial activity and global trade. Slowing external demand and the OPEC agreement weighed on Russia's exports performance. Crude oil prices fell 14 percent in January-September 2019, y/y, reflecting a downturn in the world economy.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms
title_short	Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms
title_full	Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms
title_fullStr	Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms
title_full_unstemmed	Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms
title_sort	russia economic report, no. 42, december 2019 : weaker global outlook sharpens focus on domestic reforms
publisher	World Bank, Moscow
publishDate	2020
url	http://documents.worldbank.org/curated/en/290511577724289579/Weaker-Global-Outlook-Sharpens-Focus-on-Domestic-Reforms http://hdl.handle.net/10986/33121
_version_	1764478045396140032

Russia Economic Report, No. 42, December 2019 : Weaker Global Outlook Sharpens Focus on Domestic Reforms

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