Russian Federation Monthly Economic Developments
Second quarter gross domestic product (GDP) estimates and high-frequency indicators suggest continued weakness in the economy even before the latest round of economic sanctions introduced by the European Union (EU), the United States (U.S.), and ot...
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Format: | Economic Updates and Modeling |
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World Bank Group, Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/08/20148092/russian-federation-monthly-economic-developments http://hdl.handle.net/10986/19972 |
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okr-10986-199722021-04-23T14:03:54Z Russian Federation Monthly Economic Developments Hansl, Birgit Cosic, Damir Emelyanova, Olga Kida, Mizuho Matytsin, Mikhail Vashakmadze, Ekaterine ACCOUNT DEFICIT BALANCE OF PAYMENTS BANK LENDING BANKS BASIS POINTS BOND BOND ISSUANCE BORROWING COSTS BUDGET SURPLUS BUSINESS CONFIDENCE CAPITAL FLOWS CAPITAL OUTFLOWS CAPITALIZATION CDS CENTRAL BANK CONSUMER DEMAND CONSUMER PRICES CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT FLOWS CREDIT GROWTH CURRENCY CURRENCY BASKET CURRENCY SWAPS CURRENT ACCOUNT DEPOSITORS DEPOSITS DEPRECIATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC DEMAND DUAL CURRENCY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EMERGING MARKET EMERGING MARKET BONDS EMPLOYMENT ENERGY EXPORTS EQUIPMENT EQUITY FLOWS EQUITY ISSUANCE EUROPEAN CENTRAL BANK EXCHANGE RATE EXCHANGE RATE DYNAMICS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FEDERAL BUDGET FIXED INVESTMENT FOOD PRICES FOREIGN DIRECT INVESTORS FOREIGN EXCHANGE GEOPOLITICAL TENSION GEOPOLITICAL TENSIONS GLOBAL ECONOMY GROWTH RATES IMPORTS INCOME INCOME GROWTH INCOMES INDEBTEDNESS INFLATION INFLATION EXPECTATIONS INFLATION RISK INFLATION RISKS INFLATION TARGET INFLATIONARY PRESSURE INFLATIONARY PRESSURES INTERNATIONAL RESERVES INVENTORIES INVESTMENT DEMAND MATURITY NET CAPITAL NON-PERFORMING LOANS OIL PRICES OUTPUT OUTSTANDING CREDIT PAYMENT DEFAULT PENSION PENSION FUND PENSION FUNDS PORTFOLIO PRIVATE PENSION PROFIT MARGINS REAL GROWTH RATES REAL SECTOR REGULATOR RESERVES RETAIL RETAIL TRADE SALES SLOWDOWN SOVEREIGN BONDS SWAPS TARIFF POLICY TAX UNEMPLOYMENT RATE WAGES Second quarter gross domestic product (GDP) estimates and high-frequency indicators suggest continued weakness in the economy even before the latest round of economic sanctions introduced by the European Union (EU), the United States (U.S.), and other countries in late July. The World Bank maintains its current 0.5 percent growth projection for 2014. Inflation slowed in July, but the wide-ranging ban on food imports the Russian authorities introduced in early August will likely increase short-term inflationary pressure and put the Central Bank s 2014 inflation target further out of reach. Pressure on the Ruble resumed on the back of escalating geopolitical tension and advanced sanctions. The continued slowdown in Russia comes amid a sharp rebound in economic growth in the U.S. in the second quarter and a modest pickup in activity in China, while external financing conditions for developing countries remain favorable, reflecting continued accommodative policies in high-income economies. Global oil prices reversed their course in July as geopolitical risks emanating out of Iraq abated, but the ban of EU exports of oil drilling technology to Russia can drive up prices again. 2014-09-08T19:52:13Z 2014-09-08T19:52:13Z 2014-08-11 http://documents.worldbank.org/curated/en/2014/08/20148092/russian-federation-monthly-economic-developments http://hdl.handle.net/10986/19972 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Europe and Central Asia Russian Federation |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
ACCOUNT DEFICIT BALANCE OF PAYMENTS BANK LENDING BANKS BASIS POINTS BOND BOND ISSUANCE BORROWING COSTS BUDGET SURPLUS BUSINESS CONFIDENCE CAPITAL FLOWS CAPITAL OUTFLOWS CAPITALIZATION CDS CENTRAL BANK CONSUMER DEMAND CONSUMER PRICES CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT FLOWS CREDIT GROWTH CURRENCY CURRENCY BASKET CURRENCY SWAPS CURRENT ACCOUNT DEPOSITORS DEPOSITS DEPRECIATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC DEMAND DUAL CURRENCY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EMERGING MARKET EMERGING MARKET BONDS EMPLOYMENT ENERGY EXPORTS EQUIPMENT EQUITY FLOWS EQUITY ISSUANCE EUROPEAN CENTRAL BANK EXCHANGE RATE EXCHANGE RATE DYNAMICS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FEDERAL BUDGET FIXED INVESTMENT FOOD PRICES FOREIGN DIRECT INVESTORS FOREIGN EXCHANGE GEOPOLITICAL TENSION GEOPOLITICAL TENSIONS GLOBAL ECONOMY GROWTH RATES IMPORTS INCOME INCOME GROWTH INCOMES INDEBTEDNESS INFLATION INFLATION EXPECTATIONS INFLATION RISK INFLATION RISKS INFLATION TARGET INFLATIONARY PRESSURE INFLATIONARY PRESSURES INTERNATIONAL RESERVES INVENTORIES INVESTMENT DEMAND MATURITY NET CAPITAL NON-PERFORMING LOANS OIL PRICES OUTPUT OUTSTANDING CREDIT PAYMENT DEFAULT PENSION PENSION FUND PENSION FUNDS PORTFOLIO PRIVATE PENSION PROFIT MARGINS REAL GROWTH RATES REAL SECTOR REGULATOR RESERVES RETAIL RETAIL TRADE SALES SLOWDOWN SOVEREIGN BONDS SWAPS TARIFF POLICY TAX UNEMPLOYMENT RATE WAGES |
spellingShingle |
ACCOUNT DEFICIT BALANCE OF PAYMENTS BANK LENDING BANKS BASIS POINTS BOND BOND ISSUANCE BORROWING COSTS BUDGET SURPLUS BUSINESS CONFIDENCE CAPITAL FLOWS CAPITAL OUTFLOWS CAPITALIZATION CDS CENTRAL BANK CONSUMER DEMAND CONSUMER PRICES CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT FLOWS CREDIT GROWTH CURRENCY CURRENCY BASKET CURRENCY SWAPS CURRENT ACCOUNT DEPOSITORS DEPOSITS DEPRECIATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC DEMAND DUAL CURRENCY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EMERGING MARKET EMERGING MARKET BONDS EMPLOYMENT ENERGY EXPORTS EQUIPMENT EQUITY FLOWS EQUITY ISSUANCE EUROPEAN CENTRAL BANK EXCHANGE RATE EXCHANGE RATE DYNAMICS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FEDERAL BUDGET FIXED INVESTMENT FOOD PRICES FOREIGN DIRECT INVESTORS FOREIGN EXCHANGE GEOPOLITICAL TENSION GEOPOLITICAL TENSIONS GLOBAL ECONOMY GROWTH RATES IMPORTS INCOME INCOME GROWTH INCOMES INDEBTEDNESS INFLATION INFLATION EXPECTATIONS INFLATION RISK INFLATION RISKS INFLATION TARGET INFLATIONARY PRESSURE INFLATIONARY PRESSURES INTERNATIONAL RESERVES INVENTORIES INVESTMENT DEMAND MATURITY NET CAPITAL NON-PERFORMING LOANS OIL PRICES OUTPUT OUTSTANDING CREDIT PAYMENT DEFAULT PENSION PENSION FUND PENSION FUNDS PORTFOLIO PRIVATE PENSION PROFIT MARGINS REAL GROWTH RATES REAL SECTOR REGULATOR RESERVES RETAIL RETAIL TRADE SALES SLOWDOWN SOVEREIGN BONDS SWAPS TARIFF POLICY TAX UNEMPLOYMENT RATE WAGES Hansl, Birgit Cosic, Damir Emelyanova, Olga Kida, Mizuho Matytsin, Mikhail Vashakmadze, Ekaterine Russian Federation Monthly Economic Developments |
geographic_facet |
Europe and Central Asia Russian Federation |
description |
Second quarter gross domestic product
(GDP) estimates and high-frequency indicators suggest
continued weakness in the economy even before the latest
round of economic sanctions introduced by the European Union
(EU), the United States (U.S.), and other countries in late
July. The World Bank maintains its current 0.5 percent
growth projection for 2014. Inflation slowed in July, but
the wide-ranging ban on food imports the Russian authorities
introduced in early August will likely increase short-term
inflationary pressure and put the Central Bank s 2014
inflation target further out of reach. Pressure on the Ruble
resumed on the back of escalating geopolitical tension and
advanced sanctions. The continued slowdown in Russia comes
amid a sharp rebound in economic growth in the U.S. in the
second quarter and a modest pickup in activity in China,
while external financing conditions for developing countries
remain favorable, reflecting continued accommodative
policies in high-income economies. Global oil prices
reversed their course in July as geopolitical risks
emanating out of Iraq abated, but the ban of EU exports of
oil drilling technology to Russia can drive up prices again. |
format |
Economic & Sector Work :: Economic Updates and Modeling |
author |
Hansl, Birgit Cosic, Damir Emelyanova, Olga Kida, Mizuho Matytsin, Mikhail Vashakmadze, Ekaterine |
author_facet |
Hansl, Birgit Cosic, Damir Emelyanova, Olga Kida, Mizuho Matytsin, Mikhail Vashakmadze, Ekaterine |
author_sort |
Hansl, Birgit |
title |
Russian Federation Monthly Economic Developments |
title_short |
Russian Federation Monthly Economic Developments |
title_full |
Russian Federation Monthly Economic Developments |
title_fullStr |
Russian Federation Monthly Economic Developments |
title_full_unstemmed |
Russian Federation Monthly Economic Developments |
title_sort |
russian federation monthly economic developments |
publisher |
World Bank Group, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2014/08/20148092/russian-federation-monthly-economic-developments http://hdl.handle.net/10986/19972 |
_version_ |
1764444712102526976 |