, Nikolaenko S.A.
The Economic Cycle in Russia in the Years 1998-2008: the Emergence of Internal Mechanisms for Cyclic Development or Importation of the Global Turmoil? / Belyanova E.V., Nikolaenko S.A.
Publication Type:

 It is now being discussed worldwide, whether there will be another recession in the near future. Russia, however, is primarily concerned with two issues: to what extent its economy is dependent on the world's turmoil, and whether a new economic crisis is to be expected. The authors of this study believe that the crises in Russia will inevitably recur due to the fact that in our country an economic system has emerged, whose development is now happening in cycles. Hence - the need to track and predict not only the development of the global economy, but also our own. In the meanwhile, in our country there is neither statistics, nor methods, nor proven procedures, allowing to analyse the cyclic processes professionally, as is done in dozens of other countries in the world. The main task of this paper is to draw attention to this problem and propose steps to resolve it.

Keywords: business cycles | turning points | economic crisis | recession | leading indicators |

Russian Science Citation Index


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