RaboResearch - Economic Research

Economic Report

The Russian Crisis 1998

Russia’s fixed exchange rate regime together with its fragile fiscal position appeared to be unsustainable in the course of 1998. By then an outbreak of a severe banking, currency and sovereign debt crisis could not be prevented.

Economic Update

Economic Update Russia

Russia’s economic growth has continued to slow this year and we expect 2.2% growth in 2013. The central bank is likely to loosen monetary policy amid falling inflation. The government’s stimulus measures are justifiable, but no effect is expected in the very short term.

Economic Update

Russia: Slowdown continues, stimulus expected

The most recent data shows that economic growth in Russia continues to slow down. There have been talks of a fiscal stimulus package, which is feasible given Russia’s healthy public finances. However, it is not without risks in the long term.

Country Report

Country Report Russia

Economic growth in Russia is falling to a lower longer-term trend growth of 3-4%. While domestic political stability has been restored, underlying tensions remain. Tensions with the EU have recently risen but are unlikely to escalate.

Economic Update

Economic Update Russia

Preliminary data shows that the Russian economy grew by 3.4% y-o-y in 2012. However, this masks the fact that the economy slowed fairly sharply over the course of the year. We expect growth to remain subdued at 3% in 2013.

Special

Outlook 2013: Russia and CIS

The outlook for economic growth in Russia and the CIS region for 2013 is mostly unchanged from our 2012 estimates. We discuss the economic policy options to boost economic growth next year. However the uncertain global economic backdrop poses a risk.

Country Report

Russia (Country Report)

The social unrest which marred Putin's presidency has not escalated, due to the government's fierce crackdown on opposition protests. Economic growth is forecast at a moderate 3.8% in 2012 and 3.9% in 2013.

Country Report

Russia (Country report)

De terugkeer van Vladimir Putin als president wordt gekenmerkt door controverse en massale straatprotesten. Ondertussen zal de economie met 3.7% groeien in 2012, maar blijft het te afhankelijk van de olie- en gassector.

Country Report

Russia (Country report)

The Russian economy remains too reliant on its oil and gas sector while corruption remains deeply embedded. The biggest change since our May 2011 update is the announcement that PM Putin will run for president.

Country Report

Russia (Country update)

Russia’s economic recovery from the global financial and economic crisis has been disappointing. Real GDP growth amounted to a slightly lower than expected 4% last year. In spite of recent high oil prices, growth actually slowed in the first quarter of this year.

Country Report

Country Report Russia

Russia’s oil and gas dependent economy has started to recover slowly from the sharp downturn in 2009, with real GDP growth estimated at 4.2% and 4% in the next two years.