The special features of current global recession that also has started in Russian economy are considered in this paper. The beginning of recession invariable signs are highlighted, current macro economical condition features and Bank of Russia stabilization policy are analyzed here. Some unusual features of Russian recession like open unemployment, non-market output restriction, ineffectiveness of demand creating polices on economic decline phase are considered in this paper.
Translated title of the contributionLOCKDOWN IN RUSSIAN ECONOMY: NEW CRISES TYPE SPECIAL FEATURES
Original languageRussian
Title of host publicationМеждународный экономический симпозиум — 2020
Subtitle of host publicationМатериалы международных научных конференций: «Устойчивое развитие: общество и экономика», «Соколовские чтения. Бухгалтерский учет: взгляд из прошлого в будущее» — июнь 2020 г.
EditorsОтар Маргания, Сергей Белозеров, Дмитрий Колесов, Александр Лякин, Дина Львова
Place of PublicationСПб.
PublisherИздательство Санкт-Петербургского университета
Pages521-527
StatePublished - 25 Dec 2020
EventIV МЕЖДУНАРОДНЫЙ ЭКОНОМИЧЕСКИЙ СИМПОЗИУМ - 2020 - Дистанционный формат - онлайн, Санкт-Петербург, Russian Federation
Duration: 1 Jun 2020 → 30 Jun 2020
Conference number: 4

Conference

ConferenceIV МЕЖДУНАРОДНЫЙ ЭКОНОМИЧЕСКИЙ СИМПОЗИУМ - 2020
Country/TerritoryRussian Federation
CityСанкт-Петербург
Period1/06/20 → 30/06/20

    Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics, Econometrics and Finance(all)

    Research areas

  • global recession, lockdown, balance of payments shock, stabilization policy, unemployment

ID: 73657952