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Russia’s foreign trade crisis and its aftereffects
https://doi.org/10.32609/0042-8736-2017-4-148-158
Abstract
The author, using his own statistical estimates of key indicators that reflect the state of the Russian economy, considers the possible scenario of its development, describing how the new stage of the foreign trade crisis would evolve, as well as the prospects of Russia’s economic growth, investment and innovative processes, the standards and quality of living of the population. The concept is proposed suggesting local incremental recovery growth in separate industries of the Russian economy with minimal risks, borrowings and budget deficit.
Keywords
crisis,
foreign trade,
economic growth,
investments,
innovations,
living standards,
import substitution
JEL: О14
About the Author
V. Faltsman
Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
References
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Review
For citations:
Faltsman V. Russia’s foreign trade crisis and its aftereffects. Voprosy Ekonomiki. 2017;(4):148-158. (In Russ.) https://doi.org/10.32609/0042-8736-2017-4-148-158
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