Online Monitoring of Russia’s Economic Outlook No.1(19) January 2016

Publication date
Tuesday, 02.02.2016

Composite author

Online monitoring


Main topics of the issue: Russia’s recession continues; Oil market: new reality; Regions’debt burden: awating budget loans; Savings behaviour pattern: forget the currency; Turkish lessons: embargo-related risks.


Main trends and conclusions  3
1. 2016-2017 Forecast: Russia’s recession continues
(S.Drobyshevsky, V.Petrenko, M.Turuntseva, M.Khromov)  6
2. Oil market: new reality (Yu.Bobylev) 13
3. Regions’debt burden: awating budget loans (A.Mamedov, E.Fomina)16
4. Savings behaviour pattern: forget the currency (M.Khromov) 20
5. Turkish lessons: embargo-related risks (V.Uzun)23
Authors 27


Monitoring has been written by experts of Gaidar Institute for Economic Policy (Gaidar Institute), Russian Presidental Academy of Natonal Economy and Public Administration (RANEPA) and Russian Foreign Trade Academy of the Ministry of Economic Development of Russia.

Editorial board: Sergey Drobyshevsky, Pavel Kadochnikov, Vladimir Mau and Sergey Sinelnikov-Murylev.

Editors: Vladimir Gurevich and Andrei Kolesnikov.

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