Russian Economic Report, No. 35, April 2016 : The Long Journey to Recovery
Russia’s anticipated economic recovery was delayed. In 2015 the Russian economy began its difficult adjustment to the severe global oil-price shock and the imposition of economic sanctions in 2014. The impact of these twin shocks drove Russia’s economy into a deep recession, which reached its nadir in the second quarter of 2015. Following a brief rally early in the year, a further decline in global oil prices in August 2015 derailed an anticipated recovery, and annual real GDP contracted by a total of 3.7 percent. This report series is produced twice a year by World Bank economists in the Macroeconomics and Fiscal Management Global Practice.
Saved in:
Main Author: | World Bank Group |
---|---|
Format: | Report biblioteca |
Language: | en_US |
Published: |
World Bank, Washington, DC
2016-04-08
|
Subjects: | recession, economic growth, balance of payments, monetary policy, poverty trends, economic outlook, shared prosperity, export competitiveness, direct foreign investment, |
Online Access: | http://hdl.handle.net/10986/24028 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Pakistan Development Update, May 2017
by: World Bank
Published: (2017-05) -
Philippines Economic Update, April 2017
by: World Bank
Published: (2017-04) -
Philippines Economic Update, October 2018
by: World Bank
Published: (2018-10) -
Philippines Economic Update, April 2018
by: World Bank
Published: (2018-04) -
Indonesia Economic Quarterly, December 2018 : Strengthening Competitiveness
by: World Bank
Published: (2018-12)