Online Monitoring of Russia’s Economic Outlook No. 9(27) May 2016

Publication date
Thursday, 09.06.2016

Authors
IEP composite author

Series
Online monitoring

Annotation

Main topics of the issue: Main trends and conclusions; Decomposition of GDP growth rates in 2016-2019: in expectation of structural changes; Tax maneuver: economic growth acceleration to the detriment of budget consolidation; Sentiments in industry in May 2016: not good enough but not particularly bad; Retail bank lending: debt burden is decreasing; Regional labor markets: unstable equilibrium.

Contents

Main trends and conclusions 3
1. Decomposition of GDP growth rates in 2016-2019: in expectation of structural changes (S.Drobyshevsky, M.Kazakova) 6
2. Tax maneuver: economic growth acceleration to the detriment of budget consolidation (G.Idrisov, A.Kaukin) 11
3. Sentiments in industry in May 2016: not good enough but not particularly bad (S.Tsukhlo) 15
4. Retail bank lending: debt burden is decreasing (M.Khromov) 19
5. Regional labor markets: unstable equilibrium (V.Lyashok) 21
Authors 25

Notes

Monitoring has been written by experts of Gaidar Institute for Economic Policy (Gaidar Institute), Russian Presidential Academy of National Economy and Public Administration (RANEPA) and Russian Foreign Trade Academy of the Ministry of Economic Development of Russia in partnership with the Association of Innovative Regions of Russia (AIRR).

Editorial board: Sergey Drobyshevsky, Pavel Kadochnikov, Vladimir Mau and Sergey Sinelnikov-Murylev

Editor: Vladimir Gurevich.

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