Russia's Production Macrostructure in 2007
Russian Economy in 2007: Trends and Outlooks, Issue 29, Moscow, IET Publishers, 2008
34 Pages Posted: 21 Oct 2012
Date Written: February 15, 2008
This article deals with a wide choice of issues related to macroeconomic production. Characteristic feature of 2006-2007 was economic growth acceleration rates along with positive effect of foreign economic situation factors and internal economic activity. Increase in business activity was based on anticipating growth of investments as compared with the dynamics of final consumption and had the most significant influence on the nature if structural shifts of the produced and used GDP. GDP increasing by 8.1% in 2007 real final consumption of households went up by 13.1% and investments in fixed assets – by 21.1%.
Keywords: Russian economy, GDP
JEL Classification: G18, G28, O11
Suggested Citation: Suggested Citation