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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. 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, March.
    3. Dabrowski, Marek, 2016. "Currency crises in post-Soviet economies — a never ending story?," Russian Journal of Economics, Elsevier, vol. 2(3), pages 302-326.
    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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