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Dynamics of the Domestic Market in 2022: Development Potential and the Impact of Sanctions
[Динамика Внутреннего Рынка В 2022 Г.: Потенциал Развития И Влияние Санкций]

Author

Listed:
  • Olga I. Izryadnova

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

  • Marina A. Kovaleva

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

A radical change in the political and economic environment in early 2022 interrupted the inertia of recovery processes in the economy under the pressure of unprecedented financial sanctions on the activities of Russian corporations in the real and banking sectors and foreign trade restrictions by disloyal foreign countries. The peculiarity of the current situation was a change in the structure of gross resources, strengthened by the gap in the transport and trade-logistics systems. The accumulated potential for economic recovery in 2020–2021 makes it possible to weaken the impact of negative trends. However, with the groing impact of restrictions on imports, especially in critical positions for Russia, the issues of structural changes and defining the contours of a new industrial policy have become more relevant.

Suggested Citation

  • Olga I. Izryadnova & Marina A. Kovaleva, 2022. "Dynamics of the Domestic Market in 2022: Development Potential and the Impact of Sanctions [Динамика Внутреннего Рынка В 2022 Г.: Потенциал Развития И Влияние Санкций]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 15-20, July.
    • Handle: RePEc:gai:recdev:r2258
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    More about this item

    Keywords

    output dynamics; internal demand; external demand; anti-crisis measures; inflation;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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