Putin issues decree to speed up construction of Power of Siberia pipeline
Putin issues decree to speed up construction of Power of Siberia pipeline It was hoped that president Putin’s state visit to Beijing last week would give a boost to China-Russia economic relations, b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Price of Urals oil and Russian ruble continue to strengthen
Russia Price of Urals oil and Russian ruble continue to strengthen The price of a barrel of Urals-grade crude oil has risen over the past month from just over $30 to around $40. The price has now re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
No revisiting of Russian budget in Duma spring session
No revisiting of Russian budget in Duma spring session Prime minister Dmitri Medvedev announced in his annual speech to the lower-house Duma that the government has no plans to modify this year’s fed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Impact of support measures for Russian monotowns hard to determine
Russia Impact of support measures for Russian monotowns hard to determine From 2009 to 2016, support to single-company towns, or monotowns, were arranged on the basis of presidential or government d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian defence spending has increased rapidly
Russian defence spending has increased rapidly The annual global military spending report from the Stockholm International Peace Research Institute (SIPRI) finds that the ratio of government defence ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian real household incomes slide
Russia Russian real household incomes slide The drop in household incomes gained slight momentum in the third quarter, falling by 2.5 % y-o-y in real terms. The drop so far has been less precip...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian government spending in stimulus mode last year
Russian government spending in stimulus mode last year Consolidated budget revenues declined last year by only about 3 % in nominal terms (the consolidated budget comprises federal, regional and...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian government budget revenues decline precipitously, spending soars
Russia Russian government budget revenues decline precipitously, spending soars Revenue streams to the consolidated budget, an aggregate of federal, regional and local budgets plus state social fund...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China seeks long-term economic growth through innovation processes
China seeks long-term economic growth through innovation processes OECD estimates show China’s R&D investment rose from $33 billion in 2000 to $336 billion in 2013. Innovation activity has focuse...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Call for visitors
#visitingresearcher Call for visitors within BOFIT Visiting Researcher Programme now open for Spring/Summer 2023 BOFIT Visiting Researchers scheme enables academics and researchers to spend a period...
Bofit.fi / Bofit homepage / BOFIT / News / 2022
BOFIT forecasts low growth for the Russian economy in coming years
Russia BOFIT forecasts low growth for the Russian economy in coming years Our latest BOFIT forecast for Russia, which covers the 2018–2020 period, sees GDP growth this year remaining below 2 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Putin's newest May Decree sets out typical government target and task list through 2024
Russia Putin's newest May Decree sets out typical government target and task list through 2024 As with Putin's third inauguration in 2012, he laid out on Monday (May 7) a new to-do list for ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian government and businesses have cut back on investments
Russian government and businesses have cut back on investments Total fixed investments fell by about 12 % in real terms in 2014–2016. The ratio of fixed investments to GDP is just 21 %. Government in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy
China,India,Russia Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy In its latest World Ec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
European Commission invites comments on EU-Gazprom gas dispute
European Commission invites comments on EU-Gazprom gas dispute An investigation launched in autumn 2012 into European gas markets initially found that Gazprom violated EU competition rules in many EU...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government budget revenues weaken; high inflation erodes stimulus effects
Russia Russian government budget revenues weaken; high inflation erodes stimulus effects May federal budget revenues were up by just 10 % y-o-y in nominal terms. The rise was gravely insufficie...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian inflation continues to pick up steam
Russian inflation continues to pick up steam Consumer prices showed in July-August their fastest on-month rise for years. In August consumer price inflation was nearly 16 % y-o-y and food prices were...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian accounts inspector finds problems with National Welfare Fund use
Russian accounts inspector finds problems with National Welfare Fund use The Accounts Chamber of the Russian Federation reports that assets invested from the National Welfare Fund to finance large i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian output shows transient spike in December
Russian output shows transient spike in December Industrial output growth accelerated in December, particularly in a couple of manufacturing branches. Some experts suggest that the acceleration large...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government spending cushions fixed investment decline
Russia Russian government spending cushions fixed investment decline In Russia, the real volume of fixed investment declined in the second quarter by about 7.5 % y-o-y. The drop was less steep ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020