Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?

Global growth gained momentum in 2017. After slowing to 2.4 percent in 2016 as investment and trade weakened, global growth accelerated to a projected 2.7 percent for 2017.Moreover, the recovery has been broad-based.Global trade also continued to s...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English
Published:	Washington, DC: World Bank 2017
Subjects:	ECONOMIC GROWTH RECOVERY ECONOMIC OUTLOOK EXTERNAL TRADE LABOR MARKET UNEMPLOYMENT POVERTY MONETARY POLICY BANKING FISCAL TRENDS AGRICULTURAL PRODUCTIVITY
Online Access:	http://documents.worldbank.org/curated/en/526381512128747871/Russia-s-recovery-How-strong-are-its-shoots http://hdl.handle.net/10986/28930

id	okr-10986-28930
recordtype	oai_dc
spelling	okr-10986-289302021-06-14T10:05:57Z Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots? World Bank ECONOMIC GROWTH RECOVERY ECONOMIC OUTLOOK EXTERNAL TRADE LABOR MARKET UNEMPLOYMENT POVERTY MONETARY POLICY BANKING FISCAL TRENDS AGRICULTURAL PRODUCTIVITY Global growth gained momentum in 2017. After slowing to 2.4 percent in 2016 as investment and trade weakened, global growth accelerated to a projected 2.7 percent for 2017.Moreover, the recovery has been broad-based.Global trade also continued to strengthen and external financing conditions remain benign.Amid these positive tailwinds, along with firming oil prices and growing macro-stability, the Russian economy returned to modest growth in 2017. The growth momentum of the second half of 2016 spilled over to 2017 and was especially strong in the second quarter this was supported by a rebound in domestic demand in the first half of 2017—which also contributed to a growth slowdown starting in the third quarter.On the production side, mineral resource extraction, transportation, and state management and provisioning for national security drove growth in the first quarter of 2017.Monetary policy remained prudent and consistent with the inflation-targeting framework. However, improvement in headline indicators masks underlying disparities and remaining vulnerabilities. 2017-12-01T21:04:53Z 2017-12-01T21:04:53Z 2017-11 Report http://documents.worldbank.org/curated/en/526381512128747871/Russia-s-recovery-How-strong-are-its-shoots http://hdl.handle.net/10986/28930 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work 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
topic	ECONOMIC GROWTH RECOVERY ECONOMIC OUTLOOK EXTERNAL TRADE LABOR MARKET UNEMPLOYMENT POVERTY MONETARY POLICY BANKING FISCAL TRENDS AGRICULTURAL PRODUCTIVITY
spellingShingle	ECONOMIC GROWTH RECOVERY ECONOMIC OUTLOOK EXTERNAL TRADE LABOR MARKET UNEMPLOYMENT POVERTY MONETARY POLICY BANKING FISCAL TRENDS AGRICULTURAL PRODUCTIVITY World Bank Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?
geographic_facet	Europe and Central Asia Russian Federation
description	Global growth gained momentum in 2017. After slowing to 2.4 percent in 2016 as investment and trade weakened, global growth accelerated to a projected 2.7 percent for 2017.Moreover, the recovery has been broad-based.Global trade also continued to strengthen and external financing conditions remain benign.Amid these positive tailwinds, along with firming oil prices and growing macro-stability, the Russian economy returned to modest growth in 2017. The growth momentum of the second half of 2016 spilled over to 2017 and was especially strong in the second quarter this was supported by a rebound in domestic demand in the first half of 2017—which also contributed to a growth slowdown starting in the third quarter.On the production side, mineral resource extraction, transportation, and state management and provisioning for national security drove growth in the first quarter of 2017.Monetary policy remained prudent and consistent with the inflation-targeting framework. However, improvement in headline indicators masks underlying disparities and remaining vulnerabilities.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?
title_short	Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?
title_full	Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?
title_fullStr	Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?
title_full_unstemmed	Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?
title_sort	russia economic report, november 2017, no. 38 : russia’s recovery—how strong are its shoots?
publisher	Washington, DC: World Bank
publishDate	2017
url	http://documents.worldbank.org/curated/en/526381512128747871/Russia-s-recovery-How-strong-are-its-shoots http://hdl.handle.net/10986/28930
_version_	1764468107476205568

Russia Economic Report, November 2017, No. 38 : Russia’s Recovery—How Strong Are Its Shoots?

Similar Items