Russia’s recession deepened in the first half of 2015 with a severe impact on households. Adverse external conditions pose a serious challenge to short-term growth prospects. Yet, high policy uncertainty...
Russia’s recession deepened in the first half of 2015 with a severe impact on households. Adverse external conditions pose a serious challenge to short-term growth prospects. Yet, high policy uncertainty...
Russia’s economy contracted 4.6 percent in the second quarter, year-on-year, after a 2.2 percent contraction in the first quarter, but in June the pace of contraction slowed. Russia’s second quarter balance...
In June, the European Council extended EU economic sanctions against Russia for another six months while Russia extended its food import ban against Western countries for a year. A fluid situation on global...
In June, the European Council extended EU economic sanctions against Russia for another six months while Russia extended its food import ban against Western countries for a year. A fluid situation on global...
In 1998, the Russian Federation experienced one of the most severe emerging market crises of the 1997-2001 periods. It occurred less than six months after the attainment of single-digit inflation, which...
Russia had more-or-less completed the privatization of its manufacturing and natural resource sectors by the end of 1997. And in February 1998, the annual inflation rate at last dipped into the single...