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Russian Federation

Author

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  • Andreea-Emanuela Dragoi

Abstract

Russian Federation is part of the so-called emerging economies (BRICS), and in the last 10 years, the economy has registered an upward trend. However, the beginning of 2013 marked the slowdown of economic growth amid an unfavorable domestic and international climate. Because of the deepening of the Ukraine crisis, followed by a series of economic sanctions imposed to the Russian Federation by the EU and US, some international analysis predicts that 2013 will be a difficult year for the Russian economy and the country could even fall into recession. Moreover, the latest analyzes of international experts (IMF, OECD and European Commission) points out that economic growth in 2014 will be heavily affected by the economic sanctions imposed by the international partners (EU and US) as a result of the annexation Crimea by Russian Federation.

Suggested Citation

  • Andreea-Emanuela Dragoi, 2014. "Russian Federation," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2014:id:2822000009586015
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