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- W4245557108 abstract "Significance Recovery will be slower in 2017 than previously estimated, at 0.9% instead of 1.7%, the bank said. The low price of oil is the main burden on the flagging Russian economy. Moreover, high inflation due to the weak ruble will prevent the Central Bank of Russia (CBR) from lowering its benchmark rate from the current 11% before the fourth quarter of 2016. Impacts Protracted economic turmoil could translate into street protests, the first challenge Putin has faced since the 2011 election. State intervention in the economy will increase given the weakness of investor funding and domestic capital markets. Unless Western sanctions are lifted in 2016, a return to a growth trajectory is unlikely. Foreign currency reserves may run low by mid-2017 unless the economy recovers." @default.
- W4245557108 created "2022-05-12" @default.
- W4245557108 date "2016-02-12" @default.
- W4245557108 modified "2023-09-27" @default.
- W4245557108 title "Recession increases risks to Russian leadership" @default.
- W4245557108 doi "https://doi.org/10.1108/oxan-db208410" @default.
- W4245557108 hasPublicationYear "2016" @default.
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