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Russian Federation Staff Report for the 2014 Article IV Consultation

This 2014 Article IV Consultation highlights that the Russian Federation’s growth slowdown that began in 2011, reflecting structural constraints, continued in 2013 despite accommodative policies. Real GDP growth slowed to 1.3 percent owing to a contraction in investment while consumption remained ro...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Depository Institutions
Energy: Demand And Supply
Oil Prices
Banks
Finance
Banks And Banking
Financial Sector Policy And Analysis
Currency; Foreign Exchange
Financial Services
General Financial Markets: Government Policy And Regulation
Fiscal Policy
Micro Finance Institutions
Exports And Imports
Financial Sector Assessment Program
Mortgages
International Economics
International Lending And Debt Problems
Debts, External
External Debt
Foreign Exchange
Correspondent Banks
Correspondent Banking
Financial Services Industry
Prices
Macroeconomics
Banking
Finance: General
Ukraine
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2014 Article IV Consultation highlights that the Russian Federation’s growth slowdown that began in 2011, reflecting structural constraints, continued in 2013 despite accommodative policies. Real GDP growth slowed to 1.3 percent owing to a contraction in investment while consumption remained robust owing to strong real wage growth and an unsecured consumer credit boom. The general government balance moved from a modest surplus in 2012 to a deficit of slightly more than 1 percent of GDP in 2013. The IMF staff projects real GDP growth at 0.2 percent in 2014 with considerable downside risks
Physical Description:73 pages
ISBN:9781498309929

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