Coronavirus pandemic seriously challenges Russian economy
Coronavirus pandemic seriously challenges Russian economy
Author(s): Oleg BuklemishevContributor(s): Anastasiia Starchenko (Translator)
Subject(s): National Economy, Government/Political systems, Health and medicine and law, Financial Markets, Socio-Economic Research
Published by: Kolegium Europy Wschodniej im. Jana Nowaka-Jeziorańskiego we Wrocławiu
Keywords: Coronavirus pandemic; Russian economy; Socio-economic factors;
Summary/Abstract: Russia has approached the beginning of the coronavirus pandemic with the economy not in great condition. Back in 2010 – 2012 the Russian economy was growing faster than the world economy. Yet since then, its global share has fallen by about one-fifth. In 2014, following the events in Ukraine, the Russian economy suffered a double blow as a result of lower oil prices and the impact of sanctions imposed on it by the United States, the European Union and a number of other countries.
Journal: New Eastern Europe
- Issue Year: 2020
- Issue No: 05 (43)
- Page Range: 16-20
- Page Count: 5
- Language: English
- Content File-PDF