Economists School of Economics warned of the “lost decade” for the Russian economy – Russian Oil

«Oil of Russia», 18.08.16, Moscow, 18:26
The experts of the Higher School of Economics (HSE) warn that the economy of the state, when it is not growing, rotting, thus forfeiting their chances of re-growth. By the presidential election in 2018 the question of the “lost decade” may occur in Russia, according to a “Development Center” Institute of the HSE report, “In search of growth locomotive”.

“The situation in the Russian economy in recent months can be determined a delicate balance with the sign “minus” … If GDP in 2016 would be only 1.3% higher than in pre-crisis 2008 (and he still would, according to the consensus forecast of independent professional economists), just the elections in 2018 may well be the theme of the “lost decade” The problem of a lack of budgetary resources to finance the commitments made there now, “-.. according to the study

in June this year, there was almost a depression in all sectors of the Russian economy. The exception was industry and trade.

“The share of the regions in which reduced the five sectors of the economy or increasing only one of the five, it is very high. The distribution of subjects of federation on the different levels of economic activity in June 2016 clearly does not give reason to expect a speedy completion of the recession “, – experts say the HSE

Economists also believe that a small increase in GDP of Russia, recorded in the second quarter of 2016 is not a change of direction of the economy, but only a temporary phenomenon.. At the same time, the worsening of the crisis, experts do not expect the country’s economy, but also the prospects for a sustainable recovery of growth represented them “very doubtful” Learn more at http:. //www.oilru .com / news / 529041 /