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The systemic roots of Russia’s recession

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  • Marek Dabrowski

Abstract

Highlights- The Russian economy grew rapidly between 2000 and 2007, but growth decelerated after the 2008-09 global financial crisis, and since mid-2014 Russia has moved into recession. A number of short-term factors have caused recession- lower oil prices, the conflict with Ukraine, European Union and United States sanctions against Russia and Russian counter-sanctions. However Russia's negative output trends have deeper structural and institutional roots. They can be tracked back about...

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  • Marek Dabrowski, 2015. "The systemic roots of Russia’s recession," Policy Contributions 10234, Bruegel.
    • Handle: RePEc:bre:polcon:10234
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    Cited by:

    1. Simone Auer & Emidio Cocozza & Andrea COlabella, 2016. "The financial systems in Russia and Turkey: recent developments and challenges," Questioni di Economia e Finanza (Occasional Papers) 358, Bank of Italy, Economic Research and International Relations Area.
    2. Dabrowski, Marek, 2016. "Currency crises in post-Soviet economies — a never ending story?," Russian Journal of Economics, Elsevier, vol. 2(3), pages 302-326.
    3. Oliver Fritz & Elisabeth Christen & Franz Sinabell & Julian Hinz, 2017. "Russia's and the EU's Sanctions. Economic and Trade Effects, Compliance and the Way Forward," WIFO Studies, WIFO, number 60669, April.
    4. Marta Domínguez-Jiménez & Niclas Frederic Poitiers, 2020. "An analysis of EU FDI inflow into Russia," Russian Journal of Economics, ARPHA Platform, vol. 6(2), pages 144-161, June.
    5. Mäkinen, Mikko, 2016. "Nowcasting of Russian GDP growth," BOFIT Policy Briefs 4/2016, Bank of Finland Institute for Emerging Economies (BOFIT).

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