Russian Economic Developments №6, 2016

Publication date
Thursday, 16.06.2016

Authors
IEP composite author

Series
Russian Economy: Trends and Perspectives

Annotation

The federal budget in Q1 2016: revenues and expenditures continue downward trend - Tax maneuver: economic growth acceleration to the detriment of budget consolidation - Retail bank lending: debt burden is decreasing - Russia’s real sector of the economy in January–April 2016: major factors and trends - Decomposition of GDP growth rates in 2016–2019: in expectation of structural changes - Sentiments in industry in May 2016: not good enough but not particularly bad - Russia’s agri-food sector: weak exports, low demand - Imports and exports of services: a simultaneous drop - The real estate market in the Russian Federation in Q1 2016 - Regions in Q1 2016: adaptation to the new reality - Regional labor markets: unstable equilibrium - Science and technologies: in search of a paradigm of the future.

Contents

The federal budget in Q1 2016: revenues and expenditures continue downward trend (A.Mamedov, E.Fomina) 2
Tax maneuver: economic growth acceleration to the detriment of budget consolidation (G.Idrisov, A.Kaukin) 7
Retail bank lending: debt burden is decreasing (M.Khromov) 11
Russia’s real sector of the economy in January–April 2016: major factors and trends (O.Izryadnova) 13
Decomposition of GDP growth rates in 2016–2019: in expectation of structural changes (S.Drobyshevsky, M.Kazakova) 18
Sentiments in industry in May 2016: not good enough but not particularly bad (S.Tsukhlo) 23
Russia’s agri-food sector: weak exports, low demand (N.Shagaida) 27
Imports and exports of services: a simultaneous drop (A.Firanchuk) 33
The real estate market in the Russian Federation in Q1 2016 (G.Zadonsky) 38
Regions in Q1 2016: adaptation to the new reality (N.Zubarevich) 43
Regional labor markets: unstable equilibrium (V.Lyashok) 49
Science and technologies: in search of a paradigm of the future (I.Dezhina) 53

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