wiiw Forecast Reports

RUSSIA: A shift to pro-growth policies

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Vasily Astrov

in: Uncertainty in Turbulent Times
wiiw Forecast Report No. Spring 2020, March 2020 , pp. 131-134

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Last year, growth slowed to a mere 1.3% on the back of weakening private consumption and export decline. However, following a recent shift to a more expansionary fiscal and monetary policy, GDP growth is expected to pick up to above 2% in 2020-2022. The constitutional changes recently proposed by President Putin suggest that he will not seek another re-election in 2024, although he will likely retain his political influence in a different capacity.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Russia


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