Economic Survey of Russia 2009: Making the banking sector more efficient and resilient

Despite improvements, the banking system remains underdeveloped and crisis-prone. The current crisis, albeit painful, may yield restructuring and new regulatory approaches that will be positive in the long run.

Economic Survey of Russia 2009

The global crisis put an end to a decade of rapid growth. Russia needs to minimise the downturn and establish a sounder long-term growth model. Growth-friendly product market regulation and a more efficient and resilient banking system will be key.

Sweden - external links to macroeconomic reports and data

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Economic Survey of Russia 2009: Ensuring growth-friendly fiscal policy in both the short and the long term

The immediate challenge is to gauge the optimal amount and form of stimulus and support for banks, while safeguarding fiscal sustainability. Looking further ahead, tax reform can help raise potential growth rates.

Portugal - external links to macroeconomic reports and data

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Korea - external links to macroeconomic reports and data

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Finland - External links to macroeconomic reports and data

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Policy Brief: Economic Survey of the Russian Federation, 2009

The global crisis has put a sudden end to the strong recovery of the Russian economy since the financial crisis of 1998. A slowdown was becoming increasingly likely, given the erosion of favourable factors such as undervaluation of the rouble and spare production capacity and labour resources, but the severity of the crisis is a function of overlapping internal and external factors. The government and central bank responded swiftly to

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Greece - external links to macroeconomic reports and data

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Luxembourg - external links to macroeconomic reports and data

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