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Regions in Q1 2016: Adaptation to the New Reality

Russian Economic Developments. Moscow, 2016, No.6, pp. 43-48

6 Pages Posted: 28 Jun 2016

See all articles by Natalya Zubarevich

Natalya Zubarevich

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Social Analysis and Forecasting

Date Written: June 27, 2016

Abstract

Q1 2016 as H2 2015 demonstrated that the crisis in the regions has turned into a slow rolling phase. Everybody is gradually adapting to the new reality: industry, labor markets, and the population, which is cutting consumption in line with falling income. Regional picture has become even more eroded: the recovery growth with its drivers is nowhere in sight and the regions affected by the crisis to a greater degree have already passed the slump stage and are gradually adapting to inferior quality of life.

Keywords: Russian economy, regional development

JEL Classification: J21, J22, J23

Suggested Citation

Zubarevich, Natalya, Regions in Q1 2016: Adaptation to the New Reality (June 27, 2016). Russian Economic Developments. Moscow, 2016, No.6, pp. 43-48, Available at SSRN: https://ssrn.com/abstract=2801045 or http://dx.doi.org/10.2139/ssrn.2801045

Natalya Zubarevich (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Social Analysis and Forecasting ( email )

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

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