The Russian Economy:Situation and Outlook

ICEUR Business SeminarThe Russian Economy After SochiVienna, March 03, 2014Sergey AfontsevInstitute for World Economy and International Relations, Moscow, RussiaEU-Russia Industrialists Roundtable

Sergey AfontsevIMEMO, Moscow

Economic Dynamics in 2013 (per cent)

Mixed Performance in January 2014

Growth Rates: Russia vs. World Economy

GDP Dynamics:Comparative Perspective

Consumer Prices(percentage change)

Unemployment (per cent)

GDP, 2009 PPP, US$ (bn)GDP, 2009 current US$ (bn)IMEMO Growth Forecast

Fuels and Energy Still Fuel Growth

GDP Growth vs. Investment Growth

Does Russia Invest Too Little?Investment Shares in GDPWorld..Developed Countries. G7. US UK.. Japan.. EU Eurozone. Germany.. The Netherlands. France. Spain Greece Ireland...Developing Markets.. Asia... China. India...Latin America. Brazil. Mexico.CIS.. Russia

FDI Flows

EU 39 per centCIS 28 per cent (incl. Ukraine some 9 per cent )

Foreign Assets of Top 20 Russian MNEs(US$ bn, end of 2011)

Total FI stock in Russia equals $381.1 (end of December, 2013), incl. FDI $126.1 (32.8 per cent of the total).Foreign Investment to Russia:Country Structure

Can Megaprojects Help?

Resources are still available

as well as international reserves

Sergey AfontsevIMEMO, Moscow