Christopher Granville

Managing Director, EMEA and Global Political Research
+44 20 7246 7867

Arnab Das

Advisor, EM Macro Strategy
+44 20 7183 5280

Jon Harrison

Managing Director, EM Macro Strategy
+44 20 7246 7879

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Recent Russia research

* Russia: Geopolitics less bearish than oil, 23 Jun 2017
* Russian oil – volume gearing, Christopher Granville, James Henderson, 8 May 2017
* Russia-Saudi oil axis: Last hurrah in H2/17, Christopher Granville, James Henderson, 27 Apr 2017
* Russia: Navalny trashes Medvedev - What it means, Christopher Granville, 29 Mar 2017
* Russia: Geopolitical driver – negative turn, Christopher Granville, 15 Mar 2017

See all our Russia research >>

Russian economic policy response to geopolitical shock

Overview

Three months into the Ukraine crisis, the response of Russian economic policymakers finally became clear in the second half of May. There were two parts to that response: a further downgrade of official medium-term macroeconomic forecasts; and a new policy initiative on state-led financing of fixed-asset investment, which can be seen as a reaction to the prospect of relative economic decline implied by the latest forecasts. Our report assesses the risks of this policy response both...

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