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Russian economy under the pressure of sanctions and cheap oil

Author

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  • I. Borisova
  • B. Zamaraev
  • I. Kozlova
  • A. Nazarova
  • E. Sukhanov

Abstract

The article is devoted to the analysis of factors and parameters that led to the recession of the Russian economy in 2014-2016. Economic downturn can be considered as a result of combination of external and internal shocks - negative changes in the terms of trade, Western economic sanctions imposed on Russia and its countersanctions. Measures and instruments of regulators used for neutralization of negative effects of shocks are considered. The article analyzes the adaptation of domestic production, consumption, savings and investments to changing terms and conditions of reproduction. The most probable directions of expanding domestic production after the end of the recession are outlined too.

Suggested Citation

  • I. Borisova & B. Zamaraev & I. Kozlova & A. Nazarova & E. Sukhanov, 2016. "Russian economy under the pressure of sanctions and cheap oil," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 7.
    • Handle: RePEc:nos:voprec:y:2016:id:211
    DOI: 10.32609/0042-8736-2016-7-5-35
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