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
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: Suggested Citation