Russian Federation: Selected Issues

Publication Date: July 01, 2014
Electronic Access: Free Full text (PDF file size is 764KB).
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Summary: Russia’s trend growth is volatile. The transition from a centrally planned to a market economy started in 1991, hence time series are relatively short compared to other countries. The size and depth of structural reforms during the 1990’s, the financial crisis and default in 1998, followed by the oil boom in the 2000’s, and subsequent GFC, make identification of a stable “long run” growth trend a very hard task. Hence, it is complicated to pin down an accurate estimate of potential growth and the output gap.
Series: Country Report No. 14/176
Subject(s): Economic growth | Gross domestic product | Economic reforms | Capacity utilization | Economic indicators | Labor market characteristics | Production functions | Production growth | Market economies | Selected Issues Papers | Russian Federation

Notes Full text also available in Russian
Publication Date: July 01, 2014
ISBN/ISSN: 9781498336765/1934-7685 Format: Paper
Stock No: 1RUSEA2014003 Pages: 19
US$18.00 (Academic Rate:
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