Russian Federation : 2007 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

1RUSEA2007001 Image
Price:  $18.00

Release Date: © October, 2007
ISBN : 978-1-45194-588-1
Stock #: 1RUSEA2007001
Stock Status: On back-order

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Description

The staff report for the 2007 Article IV Consultation highlights the Russian Federation’s long-term perspective, economic developments, and macroeconomic policies. Russia’s economic growth remains robust. High oil prices and sound fiscal policy underlie Russia’s long spell of robust growth. Executive Directors noted that Russia continues to face tensions in the policy mix designed to reduce inflation while preserving exchange rate stability. Raising investment levels is particularly important in light of the projected decline in the labor force and the declining prospect for continued high productivity gains over the medium term.

Taxonomy

Balance of payments , Economic development , Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Inflation , Investment , Monetary policy




More publications in this series: IMF Staff Country Reports