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The New Russia
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ISBN: 1315029456 1136870652 113687058X 0700716211 1306221188 9781136870651 9781136870583 9781315029450 9781136870729 9780700716210 Year: 2013 Publisher: Hoboken Taylor and Francis

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Abstract

Provides full details of the many rapid changes in the Russian economy and the political system since the collapse of the Soviet Union. Covers the period up to 2000, offering a valuable guide to policies in the Putin era.


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Is Russia Still Driving Regional Economic Growth?
Authors: --- ---
ISBN: 1462338720 1452767319 1283517108 9786613829559 1451907478 Year: 2005 Publisher: Washington, D.C. : International Monetary Fund,

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This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian economic growth, and which allows for the effects of Russian growth to vary over time. The paper finds that Russian growth was indeed a significant determinant of regional economic growth prior to the Russian crisis, but that this link weakened significantly thereafter.


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Russian Federation : Selected Issues
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ISBN: 1462374530 1452743347 1283560704 1451989075 9786613873156 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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This Selected Issues paper for the Russian Federation discusses existing empirical efforts to measure the determinants of cross-country financial integration. Empirical studies that have adopted the gravity-model framework have found that it is generally successful in explaining bilateral financial flows. If the pension gap were to be financed through the budget, the model simulations suggest that fiscal room is best created by lowering government consumption. Consideration should be given to outsourcing the management of the mandatory contributions to private asset managers.


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Russian Federation : 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion.
Authors: ---
ISBN: 1462323073 1452794804 1283551551 9786613864000 145188690X Year: 2009 Publisher: Washington, D.C. : International Monetary Fund,

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This 2009 Article IV Consultation highlights that the banking system of the Russian Federation is under increasing strain, and private sector credit is contracting. The authorities’ response to the crisis has been swift and substantial, driven by concerns that weaknesses in the banking and corporate sectors could lead to a full-fledged crisis. Executive Directors have commended the authorities for a swift and substantial policy response to these developments. Directors have also encouraged the authorities to take a more proactive and concerted approach to tackling the problems in the banking sector.


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Russian Federation : 2013 Article IV Consultation.
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ISBN: 1484377613 1484343271 1484360559 Year: 2013 Publisher: Washington, D.C. : International Monetary Fund,

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This 2013 Article IV Consultation highlights that real GDP growth in Russia has slowed, amid weak investment and external demand. Yet, the economy remains close to full capacity, with unemployment at historic lows and capacity utilization at pre-crisis highs. Short-term indicators are mixed, but on balance suggest some recovery of activity in recent months, indicating a stronger growth outlook for the second half of 2013. The near-term outlook is for moderate growth and inflation at the upper end of the target range of the Central Bank of the Russian Federation (CBR).

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