Investment drought in the Russian economy: Structural characteristics and turnaround perspectives
The investment drought of 2013–2015 in Russia is the first prolonged period of no capital investment growth in the last 17 years. After stagnation in 2013–2014, fixed capital investments in real terms have systemically lagged behind industrial output growth and GDP. Lack of capital expenditures not...
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| Format: | Article |
| Language: | English |
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Voprosy Ekonomiki
2017-03-01
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| Series: | Russian Journal of Economics |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405473917300053 |