European Parliament Library

Russian Federation :, Staff Report for the 2014 Article IV Consultation

Abstract
This 2014 Article IV Consultation highlights that the Russian Federation’s growth slowdown that began in 2011, reflecting structural constraints, continued in 2013 despite accommodative policies. Real GDP growth slowed to 1.3 percent owing to a contraction in investment while consumption remained robust owing to strong real wage growth and an unsecured consumer credit boom. The general government balance moved from a modest surplus in 2012 to a deficit of slightly more than 1 percent of GDP in 2013. The IMF staff projects real GDP growth at 0.2 percent in 2014 with considerable downside risks
Table Of Contents
Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; BOXES; 1. Sanctions and Counter-Sanctions; FIGURES; 1. Summary Panel, 2000-14; 2. Pension Reform; 2. Impact of Geopolitical Tensions, 2013-14; 3. Monetary and Financial Development, 2006-14; OUTLOOK AND RISKS; 3. Capital Flows in 2014; 4. Real Sector Developments, 2000-19; 5. External Position of the Corporate Sector, 2005-14; 4. Regional Spillovers; TABLES; 1. Direct Exposures to Russia, 2012; 6. Share of Russian Gas Exports in Domestic Gas Consumption, 2012; POLICY DISCUSSIONS
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (74 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781498396820

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