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Russia’S Extrating Sector In July-August 20151

Author

Listed:
  • Georgy Idrisov

    (Gaidar Institute for Economic Policy)

  • A. Kaukin

    (Gaidar Institute for Economic Policy)

  • O. Morgunova

    (Gaidar Institute for Economic Policy)

  • Marina Turuntseva

    (Gaidar Institute for Economic Policy)

Abstract

Our analysis of the dynamics of industrial production is indicative of the continuing output decline in the processing industries, while the extracting sector has been demonstrating a stable positive trend. If in the short-term perspective the economy is not shattered by any new shocks produced by changing terms of trade, signifi cant expansion of the imposed economic sanctions and fi nancial instability, there will emerge some grounds for a cautious optimism: the general industrial production index may depart from the ‘bottom’ as early as the end of the year 2015.

Suggested Citation

  • Georgy Idrisov & A. Kaukin & O. Morgunova & Marina Turuntseva, 2015. "Russia’S Extrating Sector In July-August 20151," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 23-25, October.
    • Handle: RePEc:gai:recdev:594
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    Keywords

    EXTRATING SECTOR; Russian Economy;

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