Russian Financial System Development: Medium-Term Forecast (2010-2015)

Abstract

This paper provides Russia’s financial system forecast to the year 2015. The analysis covers the banking sector, financial markets, public finance, financial system regulation (monetary, budget, investment policy). Among the key factors that influence Russian financial system development, are studied: a) the world’s economy dynamics; b) the international financial architecture; c) Russian financial market model, its architecture, long-term trends and deformations; d) estimates of the system risk on Russian financial market and threats of local financial crises in 2010-2015.

Note: Downloadable document is in Russian.

Keywords: financial system, forecast, banking sector, financial market, public finance, financial regulation

JEL Classification: E5, E66, G2, H6