IDEAS home Printed from https://ideas.repec.org/a/rnp/ecopol/ep16510.html
   My bibliography  Save this article

The Russian Economy in 2015–2017
[Российская Экономика В 2015–2017 Годах]

Author

Listed:
  • Frenkel, Alexander A. (Френкель, Александр)

    (Center for macroeconomic analysis and forecasting, Institute of Economy, RAS)

  • Sergienko, Yakov I. (Сергиенко, Яков)

    (Center for macroeconomic analysis and forecasting, Institute of Economy, RAS)

  • Tichomirov, Boris V. (Тихомиров, Борис)

    (Center for macroeconomic analysis and forecasting, Institute of Economy, RAS)

  • Roshchina, Ludmila S. (Рощина, Людмила)

    (Center for macroeconomic analysis and forecasting, Institute of Economy, RAS)

Abstract

The article presents the main results of the socio-economic development of Russia in 2015 and for seven months of 2016. Is given analytical assessment of changes in macroeconomic indicators for the next three years. The focus is on problematic issues of development of the real sector of the economy, industrial production growth, stimulating demand for products and services sectors of the national economy, investment activity, development and implementation of the federal budget, the state social services. Matches dynamics of the Russian economy with the global trends. The ways of overcoming the backlog in the technological level of production, including by attracting private and foreign investments, as well as improve the efficiency of capital investments and export of high-tech products as a key factor for sustainable economic growth. The reasons of the fall of non-financial institutions in lending and growth of the population of debts to banks for loans. Noted deficiencies of the current management system of socioeconomic development, especially budgeting and forecasting. Measures to overcome the negative phenomena that impede the exit of the deep structural crisis in which the real sector of economy and social sphere. The estimation of the quality of the anti-crisis measures to ensure the stable development of the economy, the government forecasts and budget projections. The results of the impact of international sanctions and the Russian counter-sanctions, as well as the impact of energy prices, currency appreciation, inflation expectations in the socio-economic development. To identify important factors that contribute to the macroeconomic development of the economy. Much attention is paid to the problems of development and implementation of a strategic planning system

Suggested Citation

  • Frenkel, Alexander A. (Френкель, Александр) & Sergienko, Yakov I. (Сергиенко, Яков) & Tichomirov, Boris V. (Тихомиров, Борис) & Roshchina, Ludmila S. (Рощина, Людмила), 2016. "The Russian Economy in 2015–2017 [Российская Экономика В 2015–2017 Годах]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 198-233, October.
    • Handle: RePEc:rnp:ecopol:ep16510
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/ecopol/ep16510.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mau, Vladimir (Мау, Владимир), 2015. "Economic Crises in Post-Communist Russia [Экономические Кризисы В Новейшей Истории России]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 7-19.
    2. V. Mau & A. Ulyukaev., 2014. "Global Crisis and Trends of Economic Development," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 11.
    3. O. Berezinskaya & A. Vedev., 2014. "Investments in the Russian Economy: Their Potential and Activation Directions," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
    4. S. Drobyshevsky & S. Sinelnikov-Murylev., 2012. "Macroeconomic Preconditions of Realization of a New Growth Model," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 9.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Berezinskaya, Olga (Березинская, Ольга), 2015. "National Currency Rate and the Russian Economy Dependence on Import [Курс Национальной Валюты И Зависимость Российской Экономики От Импорта]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 112-125, February.
    2. Berezinskaya, Olga, 2017. "Investment drought in the Russian economy: Structural characteristics and turnaround perspectives," Russian Journal of Economics, Elsevier, vol. 3(1), pages 71-82.
    3. Goryunov, Evgeny & Kotlikoff, Lawrence & Sinelnikov-Murylev, Sergey, 2015. "The fiscal gap: An estimate for Russia," Russian Journal of Economics, Elsevier, vol. 1(3), pages 240-256.
    4. Sinelnikov-Murylev, Sergei (Синельников-Мурылев, Сергей) & Drobyshevskiy, Sergei (Дробышевский, Сергей) & Kazakova, Maria (Казакова, Мария), 2014. "Decomposition of the russian GDP growth rate in 1999-2014 [Декомпозиция Темпов Роста Ввп России В 1999—2014 Годах]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 7-37, October.
    5. Idrisov, Georgy & Kazakova, Maria & Polbin, Andrey, 2015. "A theoretical interpretation of the oil prices impact on economic growth in contemporary Russia," Russian Journal of Economics, Elsevier, vol. 1(3), pages 257-272.
    6. Bochko, V. S., 2016. "Economic Autonomy of Regions in the New Reality," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 2(2), pages 180-193.
    7. Andreyeva, E. L. & Canen, A. G. & Ratner, A. V. & Zakharova, V. V., 2015. "Region Foreign Economic Relations as a Factor of Reindustiralization," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(2), pages 357-367.
    8. Drobyshevsky, S. & Trunin, P., 2014. "The Evolution of Theory and Practice of Monetary Policy as a Result of the Global Economic Crisis," Journal of the New Economic Association, New Economic Association, vol. 24(4), pages 141-158.
    9. Georgy Idrisov & Sergey Sinelnikov-Murylev, 2013. "Budget Policy and Economic Growth," Working Papers 0076, Gaidar Institute for Economic Policy, revised 2013.
    10. Mau, Vladimir, 2016. "Anti-crisis measures or structural reforms: Russian economic policy in 2015," Russian Journal of Economics, Elsevier, vol. 2(1), pages 1-22.
    11. Berezinskaya, Olga (Березинская, Ольга), 2017. "Prospects for Overcoming the Investment Pause in the Russian Economy: Species and Resource Aspects [Перспективы Преодоления Инвестиционной Паузы В Экономике России: Видовой И Ресурсный Аспекты]," Working Papers 031718, Russian Presidential Academy of National Economy and Public Administration.
    12. Idrisov, Georgiy (Идрисов, Георгий) & Kazakova, Maria (Казакова, Мария) & Polbin, Andrey (Полбин, Андрей), 2014. "The theoretical interpretation of the effect of oil prices on economic growth in modern Russia [Теоретическая Интерпретация Влияния Нефтяных Цен На Экономический Рост В Современной России]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 150-171, October.
    13. Sergey Sinelnikov-Murylev & Sergey Drobyshevsky & Maria Kazakova & Michael Alexeev, 2016. "Decomposition of Russia's GDP Growth Rates," Research Paper Series, Gaidar Institute for Economic Policy, issue 167P, pages 123-123.
    14. Stepanova, A. & Podukhovich, D., 2023. "CEO decision-making horizon and R&D investments. Evidence from Russia," Journal of the New Economic Association, New Economic Association, vol. 59(2), pages 85-118.
    15. Goryunov, Yevgeniy (Горюнов, Евгений), 2016. "Theoretical foundations, properties and interpretation of the budget gap indicators [Теоретические Основы, Свойства И Интерпретация Индикаторов Бюджетного Разрыва]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 112-132, April.
    16. Zubarev, Andrei & Trunin, Pavel, 2013. "The Feldstein-Horioka paradox: modern aspects," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, pages 54-73, August.
    17. B. M. Mukhamediyev & L. S. Spankulova, 2022. "Mutual Influence of Innovation and Human Capital on Regional Growth in Neighboring Countries: The Case of Russia and Kazakhstan," Regional Research of Russia, Springer, vol. 12(3), pages 350-364, September.
    18. Georgy Idrisov, 2016. "Towards modern industrial policy for Russia," Research Paper Series, Gaidar Institute for Economic Policy, issue 169P, pages 157-157.
    19. Buklemishev, O., 2016. "Overcoming Investment Pause in the Russian Economy," Journal of the New Economic Association, New Economic Association, vol. 29(1), pages 160-167.

    More about this item

    Keywords

    federal budget; public policy; inflation; import substitution; investment activity; innovation;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:ecopol:ep16510. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.