The Slowdown of the Russian Economy

2013 ◽  
pp. 4-34 ◽  
Author(s):  
B. Zamaraev ◽  
A. Kiyutsevskaya ◽  
A. Nazarova ◽  
E. Sukhanov

This article considers factors and conditions slowing growth of the Russian economy. Its recovery growth after the crisis of 2008—2009 is over. The limit of rapid growth through the export of raw materials has now been reached. Reducing flows of financial resources from the rest of the world influence the Russian overall macro framework. Reduction of infrastructure investment projects and public investments led to a slowdown in the growth of domestic demand. New, lower long-term trends of economic growth are being formed in the Russian economy. This picture is radically different from the "fat" 2000s.

2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.


1944 ◽  
Vol 1944 (01) ◽  
pp. 3-14
Author(s):  
Joseph Edwards

I must first apologize for the speed with which this paper has had to be written. I returned from the United States seven days ago and in that time have had to collect my thoughts, scattered to no small degree by a passage which I am sure the censor will have no objection to me describing as rough in the extreme. Some of the views that I shall express are influenced, naturally, by what I have seen in America. In that country there are initiative, scope and financial resources for breeding experiments with farm animals which, outside of Russia, are not rivalled anywhere in the world. Constant attention to the progress of these long-term breeding experiments will be necessary and the need of the stimulating and thought-provoking effect of similar work in this country, preferably in conjunction with the Dominions, is obvious.


2019 ◽  
Vol 105 ◽  
pp. 04049
Author(s):  
Tatiana Skryl ◽  
Evgeniya Shavina ◽  
Elena Dotsenko

The conditions for the transition to sustainable development and new industrial transformation for resource-dependent countries are closely linked. With the increasing volatility of the world market of raw materials and finance, the innovative modernization of the extractive industries, as the basis of the new industrialization of the economy, is experiencing significant difficulties. The article analyzes the problems of transition of the resource-dependent Russian economy to sustainable development, associated with the slowdown of the process of new industrialization in the context of the world market volatility. The authors assessed the new industrialization of the Russian economy following the 5-year period of sanctions imposed by Western countries. The article provides a theoretical review of the concept of the influence of sanctions on transition to sustainable development. The authors concluded that the mineral resources export-oriented strategy of the Russian economy still gives positive results, although the internal structure of the Russian economy has not changed significantly.


2008 ◽  
Vol 26 (5) ◽  
pp. 1199-1206 ◽  
Author(s):  
A. D. Danilov

Abstract. The data from the vertical ionospheric sounding for 12 stations over the world were analyzed to find the relation between the values of foF2 for 02:00 LT and 14:00 LT of the same day. It is found that, in general, there exists a negative correlation between foF2(02) and foF2(14). The value of the correlation coefficient R(foF2) can be in some cases high enough and reach minus 0.7–0.8. The value of R(foF2) demonstrates a well pronounced seasonal variations, the highest negative values being observed at the equinox periods of the year. It is also found that R(foF2) depends on geomagnetic activity: the magnitude of R(foF2) is the highest for the choice of only magnetically quiet days (Ap<6), decreasing with the increase of the limiting value of Ap. For a fixed limitation on Ap, the value of R(foF2) depends also on solar activity. Apparently, the effects found are related to thermospheric winds. Analysis of long series of the vertical sounding data shows that there is a long-term trend in R(foF2) with a statistically significant increase in the R(foF2) magnitude after about 1980. Similar analysis is performed for the foF2(02)/foF2(14) ratio itself. The ratio also demonstrates a systematic trend after 1980. Both trends are interpreted in terms of long-term changes in thermospheric circulation.


2002 ◽  
Vol 29 (2) ◽  
pp. 134-153 ◽  
Author(s):  
Björn Malmqvist ◽  
Simon Rundle

Running waters are perhaps the most impacted ecosystem on the planet as they have been the focus for human settlement and are heavily exploited for water supplies, irrigation, electricity generation, and waste disposal. Lotic systems also have an intimate contact with their catchments and so land-use alterations affect them directly. Here long-term trends in the factors that currently impact running waters are reviewed with the aim of predicting what the main threats to rivers will be in the year 2025. The main ultimate factors forcing change in running waters (ecosystem destruction, physical habitat and water chemistry alteration, and the direct addition or removal of species) stem from proximate influences from urbanization, industry, land-use change and water-course alterations. Any one river is likely to be subjected to several types of impact, and the management of impacts on lotic systems is complicated by numerous links between different forms of anthropogenic effect. Long-term trends for different impacts vary. Concentrations of chemical pollutants such as toxins and nutrients have increased in rivers in developed countries over the past century, with recent reductions for some pollutants (e.g. metals, organic toxicants, acidification), and continued increases in others (e.g. nutrients); there are no long-term chemical data for developing countries. Dam construction increased rapidly during the twentieth century, peaking in the 1970s, and the number of reservoirs has stabilized since this time, whereas the transfer of exotic species between lotic systems continues to increase. Hence, there have been some success stories in the attempts to reduce the impacts from anthropogenic impacts in developed nations. Improvements in the pH status of running waters should continue with lower sulphurous emissions, although emissions of nitrous oxides are set to continue under current legislation and will continue to contribute to acidification and nutrient loadings. Climate change also will impact running waters through alterations in hydrology and thermal regimes, although precise predictions are problematic; effects are likely to vary between regions and to operate alongside rather than override those from other impacts. Effects from climate change may be more extreme over longer time scales (>50 years). The overriding pressure on running water ecosystems up to 2025 will stem from the predicted increase in the human population, with concomitant increases in urban development, industry, agricultural activities and water abstraction, diversion and damming. Future degradation could be substantial and rapid (c. 10 years) and will be concentrated in those areas of the world where resources for conservation are most limited and knowledge of lotic ecosystems most incomplete; damage will centre on lowland rivers, which are also relatively poorly studied. Changes in management practices and public awareness do appear to be benefiting running water ecosystems in developed countries, and could underpin conservation strategies in developing countries if they were implemented in a relevant way.


2009 ◽  
Vol 8 (3) ◽  
pp. 46-81 ◽  
Author(s):  
Sangyeon Hwang ◽  
Hyejoon Im

In this paper, we examine the channels through which the current global crisis affects Korea's trade and assess the implications thereof. These five important channels under investigation are: (1) world demand, (2) domestic demand, (3) exchange rate, (4) credit markets, and (5) protectionism. We conclude that the world demand channel is the most important factor for the recovery of Korea's exports. We expect that depreciation followed by the crisis should generate only small positive effects on a trade balance in the short run. However, depreciation can erode the long-term competitiveness of domestic firms because it can deteriorate not only firms' balance sheets but also banks' balance sheets.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Jennifer A. Burney ◽  
Laurel L. DeHaan ◽  
Chisato Shimizu ◽  
Emelia V. Bainto ◽  
Jane W. Newburger ◽  
...  

AbstractIn a single-site study (San Diego, CA, USA), we previously showed that Kawasaki Disease (KD) cases cluster temporally in bursts of approximately 7 days. These clusters occurred more often than would be expected at random even after accounting for long-term trends and seasonality. This finding raised the question of whether other locations around the world experience similar temporal clusters of KD that might offer clues to disease etiology. Here we combine data from San Diego and nine additional sites around the world with hospitals that care for large numbers of KD patients, as well as two multi-hospital catchment regions. We found that across these sites, KD cases clustered at short time scales and there were anomalously long quiet periods with no cases. Both of these phenomena occurred more often than would be expected given local trends and seasonality. Additionally, we found unusually frequent temporal overlaps of KD clusters and quiet periods between pairs of sites. These findings suggest that regional and planetary range environmental influences create periods of higher or lower exposure to KD triggers that may offer clues to the etiology of KD.


Author(s):  
А. M. Kryukov ◽  
L. T. Yanko ◽  
V. V. Kuhto

Large investment projects require raising high volumes of financial resources on the long term. There is a task now set to raise private capital into the power field more actively and to develop state-private partnership. The article analyses modern types of financing: ВОО (Build - Own - Operate) and ВООТ (Build - Own - Operate - Transfer) that allow to accumulate required financial resources, reduce investment risks and combine interests of different parts participating in a project.


2021 ◽  
Vol 15 (2) ◽  
pp. 97-106
Author(s):  
V. I. Filatov

The article deals with the formation of financing mechanisms for the dynamic growth of the Russian economy, focused on ensuring the country's global economic and technological competitiveness in the long-term period. The transition to sustainable, dynamic development in modern Russian conditions is associated with implementing a deep structural and technological modernisation of the national economy. It should be focused on further improving the country's infrastructure and expanding the existing sectoral structure of the Russian economy based on advanced development of the production of modern machinery and equipment for a wide range of sectors of the national economy. One of the independent priority of structural modernisation is the accelerated development of technologies of a new technological order (NBIK technologies) and the creation of production facilities to produce new types of high-tech products to diversify exports and increase the global competitiveness of the Russian industry. The solution to this problem involves a significant increase in investment activity in the economy, at least by a third (at least 10 per cent of GDP). In the current conditions, the rise in investment activity should face several restrictions. First, with the weakness of the Russian national production of investment equipment, which can be overcome through imports, but most importantly, through the development of its own production of machinery and equipment in the national industry's structural modernisation. Second, the weakness of the national financial system, which is reflected in the lack of long-term savings and the low level of monetisation of the national economy. For overcoming this limitation, it is proposed to form a special investment circuit based on a targeted credit issue to finance investment projects. The conditions and limitations of using the target credit issue to finance economic growth are considered.


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