Russian Industry: Optimistic Tragedy

Russian Economic Developments. Moscow, 2016, No. 1, pp. 31-33

3 Pages Posted: 24 Jan 2016

See all articles by Sergey Tsukhlo

Sergey Tsukhlo

Gaidar Institute for Economic Policy

Date Written: January 23, 2016


According to the Gaidar Institute’s business survey data1, the September performance score proved pessimistic rather than otherwise. The dynamics of demand and output underwent no fundamental change which discouraged enterprises and resulted in a lower satisfaction with demand and an increase in the inventory excess rate. That said, the industrial sector kept raising prices, which would hardly fuel demand. A continuous exodus of employees from enterprises leads to labor force shortages even in the conditions of stagnation. Corporate investment plans signal a further cutting back on investment in production.

Keywords: Russian economy, Russian industry, industrial production

JEL Classification: Е30, E31, C81, L11

Suggested Citation

Tsukhlo, Sergey, Russian Industry: Optimistic Tragedy (January 23, 2016). Russian Economic Developments. Moscow, 2016, No. 1, pp. 31-33. Available at SSRN:

Sergey Tsukhlo (Contact Author)

Gaidar Institute for Economic Policy ( email )

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Moscow, 125009

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