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Main Political And Economic Events Of January 2016

Author

Listed:
  • Sergey Zhavoronkov

    (Gaidar Institute for Economic Policy)

Abstract

Against the backdrop of dramatically fluctuating oil prices, the main news of January were the plans declared by the Russian government, in particular the budget expenditure cut by 10%, the possibility of privatization of certain big state-owned entities, and the renewal of external borrowing. Russian Prime Minister Dmitry Medvedev, in his speech at the Gaidar Forum, confi rmed the government course towards a ‘Western type economy’, which he estimated to be already in existence in Russia, and its refusal ‘to return to the past’.

Suggested Citation

  • Sergey Zhavoronkov, 2016. "Main Political And Economic Events Of January 2016," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 2-5, February.
    • Handle: RePEc:gai:recdev:680
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    More about this item

    Keywords

    THE POLITICAL AND ECONOMIC RESULTS; Russian Economy;

    JEL classification:

    • K0 - Law and Economics - - General
    • K1 - Law and Economics - - Basic Areas of Law
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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