Russian Federation: Selected Issues

August 3, 2012

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Format: Chicago

Russian Federation: Selected Issues, (USA: International Monetary Fund, 2012) accessed December 22, 2024

Summary

The Selected Issues paper on the Russian Federation discusses the economic growth and future growth potential of the country. After almost a decade of impressive growth performance, Russia suffered a sharp contraction in 2009 with GDP falling by 8 percent. This paper gives an overview of the conceptual issues regarding potential growth and the analytical framework based on an exogenous growth model; growth accounting results for Russia in the past decade; and importance of structural reforms to achieve sustained high growth.

Subject: Banking, Central bank policy rate, Central banks, Financial services, Loans, Monetary policy, Oil prices, Open market operations, Prices, Production, Standing facilities, Total factor productivity

Keywords: Africa, Capital utilization, Central bank, Central bank policy rate, CR, Exchange rate, GDP, GDP growth, Global, ISCR, Medium term, Nonoil deficit target, Oil price, Oil price volatility, Oil prices, Open market operations, Russia, Standing facilities, Total factor productivity

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/218
Stock No:

1RUSEA2012003
ISBN:

9781475505047
ISSN:

1934-7685

Notes

Also Available in Russian

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