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Monitoring of Russia's Economic Outlook

Author

Listed:
  • Pavel Trunin

    (RANEPA)

  • Mikhail Khromov

    (Gaidar Institute for Economic Policy)

  • Alexandra Bozhechkova

    (Gaidar Institute for Economic Policy)

  • Alexander Knobel

    (Gaidar Institute for Economic Policy)

  • Marina Turuntseva

    (Gaidar Institute for Economic Policy)

  • Georgy Idrisov

    (Gaidar Institute for Economic Policy)

  • Andrey Kaukin

    (Gaidar Institute for Economic Policy)

  • Arseny Mamedov

    (Gaidar Institute for Economic Policy)

  • Yuri Bobylev

    (Gaidar Institute for Economic Policy)

  • Elena Fomina

    (Gaidar Institute for Economic Policy)

  • Olga Morgunova

    (RANEPA)

  • M.K. Kirillova

    (RANEPA)

Abstract

Despite twofold reduction of crude oil prices, trade balance in Q1 2015 fell not so sharply as it happened, for example, in early 2009. The scale of ruble devaluation in November-December 2014 predetermined drastic reduction of import (over January-February 2015 import constituted 62.1% against January-February 2014).

Suggested Citation

  • Pavel Trunin & Mikhail Khromov & Alexandra Bozhechkova & Alexander Knobel & Marina Turuntseva & Georgy Idrisov & Andrey Kaukin & Arseny Mamedov & Yuri Bobylev & Elena Fomina & Olga Morgunova & M.K. Ki, 2015. "Monitoring of Russia's Economic Outlook," Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development (In Russian), Gaidar Institute for Economic Policy, issue 7, pages 1-38, April.
  • Handle: RePEc:gai:monreo:7
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    File URL: http://www.iep.ru/files/RePEc/gai/monreo/7-2015-apr.pdf
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    Citations

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    Cited by:

    1. O.V. Berezhnaya & E.V. Berezhnaya & N.V. Solovyova & E.A. Karapetyan & V.I. Berezhnoy, 2018. "Dynamics, Peculiarities and Financial Factors for the Industrial Development of the South of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 533-544.

    More about this item

    Keywords

    Russian economy; macroeconomics; foreign trade; real sector; labor market;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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