Medium-term forecast of the dynamics of the development of the Russian economy

A. A. Akaev; N. S. Ziyadullaev; A. I. Sarygulov; V. N. Sokolov

doi:10.1134/S1075700716050026

Medium-term forecast of the dynamics of the development of the Russian economy

Authors: Akaev A.A.¹, Ziyadullaev N.S.², Sarygulov A.I.³, Sokolov V.N.⁴
Affiliations:
1. Moscow State University
2. Institute of Market Problems
3. St. Petersburg State University of Architecture and Civil Engineering
4. St. Petersburg State University of Engineering and Economics
Issue: Vol 27, No 5 (2016)
Pages: 510-517
Section: Macroeconomic Problems
URL: https://journals.rcsi.science/1075-7007/article/view/213641
DOI: https://doi.org/10.1134/S1075700716050026
ID: 213641

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Abstract

Based on the simulation of medium-term economic dynamics under conditions of high inflation, the article analyzes the effectiveness of the monetary policy of the Bank of Russia and presents a forecast of economic growth in the near-term outlook (2015–2018) under different scenarios of change in the key interest rate.