Economic Results for 2008: The End of the 'Fat' Years

Voprosy Economiki, no. 3, July 2009, pp. 4-25

Problems of Economic Transition, vol. 52, no. 3, July 2009, pp. 59–93

Posted: 17 Jul 2015 Last revised: 18 Jul 2015

See all articles by Boris Zamaraev

Boris Zamaraev

Institute of Macroeconomics Research (FBNU IMEI)

Anna Kiyutsevskaya

Center for Macroeconomic Research, Alfa Bank

Angela Nazarova

Ministry of Economic Development of the Russian Federation

Evgeniy Sukhanov

Ministry of Economic Development of the Russian Federation

Date Written: March 3, 2009

Abstract

The article analyzes current economic conditions in Russia and the mechanism by which the world financial and economic crisis was transmitted to the Russian economy. It discusses changes in the banking system and the stock and housing markets. Production, consumption, and investment at the end of 2008 and beginning of 2009 are described. The conclusion discusses basic changes in the conditions of national economic development.

Keywords: economic growth, consumption, investments, global financial flow, inflation, banling system

JEL Classification: E2, E6, F4, G1

Suggested Citation

Zamaraev, Boris and Kiyutsevskaya, Anna and Nazarova, Angela and Sukhanov, Evgeniy, Economic Results for 2008: The End of the 'Fat' Years (March 3, 2009). Voprosy Economiki, no. 3, July 2009, pp. 4-25, Problems of Economic Transition, vol. 52, no. 3, July 2009, pp. 59–93, Available at SSRN: https://ssrn.com/abstract=2628162

Boris Zamaraev

Institute of Macroeconomics Research (FBNU IMEI) ( email )

Moscow
Russia

Anna Kiyutsevskaya (Contact Author)

Center for Macroeconomic Research, Alfa Bank ( email )

Moscow
Russia

Angela Nazarova

Ministry of Economic Development of the Russian Federation ( email )

1,3 1-ya Tverskaya-Yamskaya
Moscow
Russia

Evgeniy Sukhanov

Ministry of Economic Development of the Russian Federation ( email )

1,3 1-ya Tverskaya-Yamskaya
Moscow
Russia

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