Despite rapid growth, Russia’s housing loan market is still relatively small
Despite rapid growth, Russia’s housing loan market is still relatively small Starting from a very modest level, the total stock of housing loans issued by banks has increased at over 30 % a year sinc...
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Capital flows between Russia and the rest of the world remarkably small
Capital flows between Russia and the rest of the world remarkably small Preliminary balance-of-payments figures show that the net outflow of private capital fell in 2015. This was despite banks payi...
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Separate development plan approved for areas near Chinese border in Russia’s Far East regions
Separate development plan approved for areas near Chinese border in Russia’s Far East regions In recent years, Russia has focused greater attention on its Far Eastern regions, but despite development...
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Russia’s government spending to be stretched by economic support measures
Russia Russia’s government spending to be stretched by economic support measures Finance minister Anton Siluanov indicates that federal budget expenditure would rise this year by roughly one percent...
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SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank
china,economy,BOFIT Weekly Review SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank This year’s 25th Shanghai Cooperation Organ...
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Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government
#Russia Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government Real growth in fixed investment exceeded 3 % y-o-y in the third q...
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IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected
Russia IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected The IMF’s latest World Economic Outlook predicts that the world e...
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Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows
Russia Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows After a several months’ pause, the Bank of Russia released balance-of-p...
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Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind
Russia Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind The consolidated budget, which comprises federal, regional, municipal and ...
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Russia plans to increase government revenues in the next few years without hikes in large general taxes
Russia plans to increase government revenues in the next few years without hikes in large general taxes In the draft 2017‒2019 federal budget submitted to the Duma, the finance ministry computed that...
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At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves
Russia At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves At the end of 2020, the value of Russia’s total international reserves, including gold, am...
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BOFIT Visiting researcher application period 2024
<p class="" style="text-align: left;"><strong>BOFIT Visiting Researchers Programme – call for autumn/winter 2024</strong></p> <p style="te...
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IMF estimates that the government sector and public sector firms account for a third of Russia’s GDP
Russia IMF estimates that the government sector and public sector firms account for a third of Russia’s GDP The International Monetary Fund seeks to clarify the interpretation of the figure of 70 % ...
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UNCTAD’s estimate of ultimate sources of foreign direct investment emphasises Western investment in China and Russia
Russia UNCTAD’s estimate of ultimate sources of foreign direct investment emphasises Western investment in China and Russia As part of its annual international investment report, the United Nations ...
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Finland at 100: Finnish-Russian trade recovering, while Russia's share of exports is low compared to history
Russia Finland at 100: Finnish-Russian trade recovering, while Russia's share of exports is low compared to history Finland at 100: Finnish-Russian trade recovering, while Russia's share of ...
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Russia’s government spending soars while war and sanctions caused various government sector revenue categories to tumble
#Russia Russia’s government spending soars while war and sanctions caused various government sector revenue categories to tumble Russia’s downward slides in the economy and imports since its delusio...
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Latest BOFIT forecast for Russia sees GDP contracting by 10 % this year with imports down by half
Russia,forecast Latest BOFIT forecast for Russia sees GDP contracting by 10 % this year with imports down by half Russia’s unprovoked attack on Ukraine has plunged the Russian economy into unce...
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Number of passenger cars on the road in Russia rises from 26 million to 45 million in just ten years
Number of passenger cars on the road in Russia rises from 26 million to 45 million in just ten years In 2005, there were just 180 cars per 1,000 people in Russia. Since then, the number of cars has r...
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Russia and India agree on new arms sales, but overall trade between the countries continues to shrink
Russia and India agree on new arms sales, but overall trade between the countries continues to shrink During the BRICS summit in Goa last week, India revealed it was buying new weapons systems from R...
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Low oil prices due to weakened global economic prospects could weigh on Russia’s economic development next year
Russia Low oil prices due to weakened global economic prospects could weigh on Russia’s economic development next year The price of crude oil has fallen in recent months as the prospects for economi...
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