Agrarian Bulletin of the Urals

The journal has been published since 2000

ISSN 1997 - 4868 (Print); ISSN 2307-0005 (Online)

 

Economic situation of Russia in 2019

Authors:

S. M. THAMOKOVA, candidate of economic sciences, associate professor of the Economics Department, 

Kabardino-Balkarian State Agrarian University named after V. M. Kokov (8 Vidyaikina Str., 360000, Nalchik, Kabardino-Balkarian Republic, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.).

Abstract. Discussing experts' forecasts about the Russian economy in 2019, it can be noted that the latest news on this issue emphasizes that the current state of the economy depends on many factors, but the actions of state authorities have the greatest impact. The Russian economy today is in a deep crisis situation that has been going on for several years. Almost everyone is concerned about what the economic situation in Russia will be in 2019, because today the economic situation in the country cannot be called positive, and residents of the Russian Federation want to get as precise information as possible about what the country is facing in the near future. Unfortunately, “sustainability” and “reliability” are not the words that can describe the current state of the Russian economy. Currency rates now and then jump, financial risks are exacerbated, and therefore even the most qualified and experienced experts speak with great caution about the near future of the Russian Federation. But how to be? It is absolutely impossible to manage economic processes without first planning your budget, taking into account possible negative trends. This rule applies not only to any family budget, but also to the budget of the Russian Federation. For the government of the Russian Federation, the situation is annually predicted by experts working in leading analytical companies and international economic organizations. They use vast amounts of data and the most advanced computer modeling tools to understand potential risks, highlight factors for growth or decline in indicators, and describe the main trends in the Russian economy.

Keywords: economic situation, Russian economy, recession, forecast, inflation, exchange rates, budget, fiscal policy, taxes, economy, indicators, oil, price, analysis, crisis, income, economic growth, world economy.

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