Global Market Risks and Their Possible Consequences for Russian Economy

Abstract

At present there is more and more information about the slowdown in the world economic growth. There is deterioration in the economic situation in European countries: GDP is declining in Germany, the leading Central banks continue to ease monetary policy, there are also growing signs of a slowdown in China. These events have raised concerns about the onset of a recession in the world economy. The dynamics of the world energy prices is also influenced by the risks of global economic growth slowing. The instability of the global financial system significantly exacerbates global uncertainty, increasing currency, trade and economic differences between countries. As a result, there is an increasing need to strengthen the role of public administration in order to increase the importance of domestic programs in order to ensure stable economic growth. This task is also important for Russia, since the growth of our country's economy has slowed significantly. In the situation of the global recession threat, Russia should take certain measures to avoid the negative consequences that may arise when the global crisis occurs.