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Medium-term forecast of the dynamics of the development of the Russian economy

Author

Listed:
  • A. A. Akaev

    (Moscow State University)

  • N. S. Ziyadullaev

    (Russian Academy of Sciences)

  • A. I. Sarygulov

    (St. Petersburg State University of Architecture and Civil Engineering)

  • V. N. Sokolov

    (St. Petersburg State University of Engineering and Economics)

Abstract

Based on the simulation of medium-term economic dynamics under conditions of high inflation, the article analyzes the effectiveness of the monetary policy of the Bank of Russia and presents a forecast of economic growth in the near-term outlook (2015–2018) under different scenarios of change in the key interest rate.

Suggested Citation

  • A. A. Akaev & N. S. Ziyadullaev & A. I. Sarygulov & V. N. Sokolov, 2016. "Medium-term forecast of the dynamics of the development of the Russian economy," Studies on Russian Economic Development, Springer, vol. 27(5), pages 510-517, September.
    • Handle: RePEc:spr:sorede:v:27:y:2016:i:5:d:10.1134_s1075700716050026
    DOI: 10.1134/S1075700716050026
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    References listed on IDEAS

    as
    1. Sergey Drobyshevsky & Maria Kazakova, 2014. "Decomposition Of Russia’S Gdp Growth In 1999-2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 63-66, November.
    2. M. Ershov., 2014. "What Economic Policy Does Russia Need under Sanctions?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
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    Cited by:

    1. E. V. Balatsky & N. A. Ekimova, 2018. "Short-Term Projection Using the Monetary Efficiency Index," Studies on Russian Economic Development, Springer, vol. 29(4), pages 423-432, July.
    2. Askar Akaev & Alexander Zvyagintsev & Tessaleno Devezas & Askar Sarygulov & Andrea Tick, 2023. "Mathematical Models for Forecasting Unstable Economic Processes in the Eurozone," Mathematics, MDPI, vol. 11(21), pages 1-14, November.
    3. A. K. Moiseev & M. V. Cherkovets, 2018. "Scenario Prediction of Dynamics of Interest Rates and Internal Credit Volume in Russia for 2018−2022," Studies on Russian Economic Development, Springer, vol. 29(5), pages 507-513, September.
    4. A. A. Akaev & N. S. Ziyadullaev & A. I. Sarygulov & V. N. Sokolov, 2017. "A predictive model of economic dynamics during stagflation taking into account the volatility of the national currency," Studies on Russian Economic Development, Springer, vol. 28(3), pages 266-270, May.

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