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Book
Systemic Financial Risk
In press

Springer Publishing Company, 2024.

Article
Patenting for profitability: green energy innovations and firm performance in BRICS countries

Makeeva E. Y., Popov K., Teplova O.

Frontiers in Environmental Science. 2024. Vol. 12. P. 1-14.

Book chapter
The Living Standards in the USSR During the Interwar Period
In press

Voskoboynikov I.

In bk.: Oxford Research Encyclopedia of Economics and Finance. Oxford University Press, 2024.

Working paper
Strategizing with AI: Insights from a Beauty Contest Experiment

Dagaev D., Paklina S., Parshakov P.

Social Science Research Network. Social Science Research Network. SSRN, 2024

"From Recession to Recovery". Lecture by Apurva Sanghi, The World Bank Lead Economist for the Russian Federation

Event ended
The Lecture will take place Moscow, Shabolovka, 26, room 3211, June 22, 04.30 p.m.


Lecture by Apurva Sanghi, The World Bank Lead Economist for the Russian Federation, will discuss the main conclusions of the 37th issue of the Russia Economic Report "From Recession to Recovery" on assessment of the Russian economic developments and outlook for the period 2017-2019. 

Highlights

  • Amidst weakening external headwinds, rising oil prices, and growing macro-stability, the Russian economy showed encouraging signs of overcoming the recession it entered in 2014.
  • Headline economic and financial trends and indicators are improving.
  • In Russian regions, adjustment has taken place through massive expenditure cuts, as opposed to revenue mobilization, with social sectors and capital spending hit the hardest.
  • The government passed a three-year federal budget law and introduced currency interventions in the domestic market.
  • Expenditure consolidation – more than revenue mobilization – is the central plank of the three-year federal budget law.
  • Consumption is expected to drive growth in 2017-2019, with investment playing a supporting role.
  • Russia's growth projections remain sensitive to oil prices.
  • The poverty rate is expected to decrease because of decelerated inflation and recoveries in private incomes and consumption.
  • The medium-term prognosis of the Russian economy is favorable. However, Russia’s longer-term growth prospects remained constrained by its low productivity.