Abstract

2017 year-end positive results, particularly real GDP growth recovery, fixed investment growth, reflected largely the termination of the cyclical downswing phase for the Russian economy. However, structural and external factors in 2018 will not be able to shore up economic growth. To ensure a sustainable economic growth, a new government should be focused more on structural reforms including a fiscal manoeuvre, denationalization of the economy and deregulation of foreign economic activities.

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