Template-Type: ReDIF-Article 1.0
Author-Name: Olga Izryadnova
Author-Name-First:  Olga 
Author-Name-Last: Izryadnova
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Author-Name: Kirill Rogov
Author-Name-First:  Kirill
Author-Name-Last:Rogov                  
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Title:  INVESTMENTS IN RUSSIA’S REAL SECTOR OF THE ECONOMY IN MAY 2015
Abstract: In May 2015, investments in capital assets amounted to 92.4%, while in January–May 2015, to 95.2% as compared to respective indices of 2014. A drop in investments which continues for six quarters running has been determined by a decline of business activities since H2 2012 and made worse by the macroeconomic situation early in 2015 (due to that the share of borrowed funds in the pattern of sources of funding of investments kept decreasing), complicated budget situation in regions and reduction of domestic solvent demand (which situation results in a drop in investments in building, trade and the sphere of paid services). Instability of investment demand in the primary sector of the manufacturing industry which had a positive eff ect on the dynamics of the domestic production in Q1 2015 is of a particular concern. At the same time, the investment situation in the engineering sector demonstrates a certain potential of import substitution.
Classification-JEL:E20, E21, E22, E60
Keywords:CAPITAL INVESTMENT IN RUSSIA
Journal: Russian Economic Developments
Year: 2015
Issue: 7
Month: July
Pages: 29-32
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/548Izryadnova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:548