Russia’s recession deepened in the first half of 2015 with a severe impact on households. Adverse external conditions pose a serious challenge to short-term growth prospects. Yet, high policy uncertainty prevails and the country’s outlook hinges not only on the evolution of external factors but also on its internal capacity to adapt to an increasingly difficult macro-fiscal context. The macro-fiscal adjustment heightens risks to financial stability...
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INFORMATION
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2015/09/01
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Document de travail (série numérotée)
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100091
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1
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1
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2015/10/09
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Disclosed
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Russia economic report : balancing economic adjustment and transformation
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oil price