Russia's economy grew 3.4 percent in 2012, down from 4.3 percent in 2011. The economy of Russia slowed in the second half of the year due to weak net exports, negative base effects, and destocking at the end of the year. More than four years after the global financial crisis hit, the world economy remains sluggish. Industrial production lost momentum throughout last year, exports expanded only at a moderate pace, and imports even declined for three...
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DETAILS
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2013/02/26
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Working Paper (Numbered Series)
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75578
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1
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1
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2013/02/27
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Disclosed
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Russian economic report : recovery and beyond
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current account surplus
Citation
Russian economic report : recovery and beyond (English). Russia Economic Report|no. 29 Washington DC : World Bank. http://documents.worldbank.org/curated/en/989681468107682794