wiiw Forecast Reports

RUSSIAN FEDERATION: Falling behind peers on meagre growth


Peter Havlik

in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 134-137

free download

Hardcopy 5 add to cart  

Shipping Costs

The Russian economy has returned to growth. The inflation target of 4% has been comfortably met, and the rouble has been appreciating. However, in the absence of reforms, GDP growth will not exceed 2% even in the medium run – lower than the country’s European peers. No major changes in economic policies are expected, as stability at home coupled with external threats is cherished over reform risks. Sanctions and a poor investment climate are here to stay. Higher oil prices are once again serving as both a buffer and a deterrent to reform.


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

Countries covered: Russia