OECD Economic Outlook, Volume 2015 Issue 2
Russia
DOI:https://doi.org/10.1787/eco_outlook-v2015-2-39-en
The economy is in recession. Falling oil prices, international sanctions and capital flight have reduced investment, domestic consumption and imports. The large depreciation of the ruble has pushed inflation to double digits and reduced real incomes, especially of the poorest. Recovery will be ...
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