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Russian Federation
Report

Russian Federation

IMF, 2015

自动生成的音频
自动生成的音频

Editorial Rating

7

Qualities

  • Comprehensive
  • Eye Opening
  • Overview

Recommendation

The long-term downward trend in the price of oil, along with geopolitical tensions, has added to Russia’s economic troubles. Notwithstanding its partially successful efforts to maintain financial market stability, Russia will have to implement long-delayed reforms to rebuild the economy’s buffers. This expert examination of the country’s economy, a recap of the International Monetary Fund’s recent bilateral discussions with Russian authorities, is accessible to a generalist audience but detailed enough for economists and analysts. getAbstract recommends it to executives looking for a quick yet fairly comprehensive review of Russia’s present-day issues and future challenges.

Take-Aways

  • Delayed reforms, a lack of investment and unfavorable demographics, among other challenges, propelled a decline in Russian economic growth between 2011 and 2014.
  • In addition, low oil prices and economic sanctions will contribute to a 3.4% decrease in GDP in 2015.
  • More deeply rooted inefficiencies include a surfeit of regulation, poor governance and outsized state involvement in the economy.

About the Author

The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.


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