Tag: GDP Growth

Economic Authorities Are Not Afraid of Recession, But There’s Another Danger – Stagnation

July 19, 2013

Since the beginning of the year the growth of industrial production and the Russian economy as a whole has almost stopped. However Alexei Ulyukaev, the new chief of the Ministry of Economic Development, is confident that it will not result in a recession. Officials and a number of independent experts expect a recovery in growth […]