Reversing the Slump. Macroeconomic Forecast for 2016-2018
Russian Economic Developments. Moscow, 2016, No. 10, pp. 2-8
7 Pages Posted: 22 Oct 2016
Date Written: October 20, 2016
Abstract
According to our forecast, the period 2017–2018 will see renewed growth of practically every main socioeconomic activity index, even under the scenario geared to a persistently unfavorable external situation. The economy will be able to show only weak growth at a rate of 2% в per annum. Inflationary and budgetary risks will persist. Sustainable growth can only be achievable if a consistent and predictable economic policy is implemented in order to improve the domestic business and investment climate, carry on structural reform, and eliminate the macroeconomic destabiliza on risks.
Keywords: Macroeconomy, macroeconomic Forecast, Markets, Russian Economy
JEL Classification: O32, O38
Suggested Citation: Suggested Citation