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The macrostructure of production in 2017

Author

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  • Izryadnova Olga

    (Gaidar Institute for Economic Policy)

Abstract

The economic situation in 2017 was characterized by a gradual recovery of positive dynamics. GDP in 2017 constituted RUB 92.08 trillion up 1.5 percent compared to the previous year. First signed of business revival were observed in H2 2016 driven by price growth on hydrocarbons and strengthening of the ruble affected the dynamic and structure of the external trade turnover and domestic production. However, instability of factors both stimulating and curbing economic development provoked changes of quarter-by-quarter GDP dynamics.

Suggested Citation

  • Izryadnova Olga, 2018. "The macrostructure of production in 2017," Published Papers ppaper-2018-326, Gaidar Institute for Economic Policy, revised 2018.
    • Handle: RePEc:gai:ppaper:ppaper-2018-326
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2018-326.pdf
    File Function: Revised version, 2018
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    More about this item

    Keywords

    Russian economy; production; external and internal demand; GDP structure;
    All these keywords.

    JEL classification:

    • G19 - Financial Economics - - General Financial Markets - - - Other
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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