Russia's economy lost steam in 2013. Growth slowed to 1.4 percent in the first half (H1) of 2013, compared to 4.5 percent in H1 2012. This report examines in its first part several aspects of the economic slowdown. It shows that the slowdown was largely the result of weaker demand, which was due to a combination of external and domestic factors, some of which are cyclical and others structural. The structural challenges to the Russian economy and...
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DETAILS
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2013/09/01
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Working Paper (Numbered Series)
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81688
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1
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1
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2013/10/08
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Disclosed
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Structural challenges to growth become binding
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growth of world oil demand
Citation
Structural challenges to growth become binding (English). Russia Economic Report|no. 30 Washington DC : World Bank. http://documents.worldbank.org/curated/en/597341468092956474