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Reversing The Slump. Macroeconomic Forecast For 2016-2018

Author

Listed:
  • Drobyshevsky Sergey

    (Gaidar Institute for Economic Policy)

  • Turuntseva Marina

    (Gaidar Institute for Economic Policy)

  • Khromov Mikhail

    (Gaidar Institute for Economic Policy)

  • Averkiev Vladimir

    (Gaidar Institute for Economic Policy)

Abstract

According to our forecast, the period 2017–2018 will see renewed growth of practically every main socioeconomic activity index, even under the scenario geared to a persistently unfavorable external situation. The economy will be able to show only weak growth at a rate of 2% в per annum. Inflationary and budgetary risks will persist. Sustainable growth can only be achievable if a consistent and predictable economic policy is implemented in order to improve the domestic business and investment climate, carry on structural reform, and eliminate the macroeconomic destabiliza on risks.

Suggested Citation

  • Drobyshevsky Sergey & Turuntseva Marina & Khromov Mikhail & Averkiev Vladimir, 2016. "Reversing The Slump. Macroeconomic Forecast For 2016-2018," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 2-8, October.
    • Handle: RePEc:gai:recdev:recdev-2016-10-748
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    File Function: Revised version, 2016
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    More about this item

    Keywords

    Macroeconomic; Forecast; Markets; Russian Economy;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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