Reversing the Slump. Macroeconomic Forecast for 2016-2018

Russian Economic Developments. Moscow, 2016, No. 10, pp. 2-8

7 Pages Posted: 22 Oct 2016

See all articles by Vladimir Averkiev

Vladimir Averkiev

Gaidar Institute for Economic Policy

Sergey Drobyshevsky

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration

Marina Turuntseva

Gaidar Institute for Economic Policy; Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA)

Michael Khromov

Gaidar Institute for Economic Policy

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

Averkiev, Vladimir and Drobyshevsky, Sergey and Turuntseva, Marina and Khromov, Michael, Reversing the Slump. Macroeconomic Forecast for 2016-2018 (October 20, 2016). Russian Economic Developments. Moscow, 2016, No. 10, pp. 2-8, Available at SSRN: https://ssrn.com/abstract=2856462 or http://dx.doi.org/10.2139/ssrn.2856462

Vladimir Averkiev (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny lane 3-5, build. 1
Moscow, 125993
Russia

Sergey Drobyshevsky

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration ( email )

Varnadskogo Avenue,82
Moscow, 119571
Russia

Marina Turuntseva

Gaidar Institute for Economic Policy

Gazetny lane, 3-5
Moscow, 125993
Russia

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) ( email )

Varnadskogo Avenue,82
Moscow, 119571
Russia

Michael Khromov

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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