Conjunctural fluctuations in the Russian economy

The article is devoted to the study of macroeconomic trends in 2020-2021 in Russia. The relevance of the problem is connected with the need to determine the nature of conjunctural fluctuations of macro indicators. Russia’s GDP in 2020 showed a decrease of 3,1 %, in 2021 it is expected to grow by...

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Main Authors: T. I. Gordievich, P. V. Ruzanov
Format: Article
Language:English
Published: Omsk State Technical University, Federal State Autonomous Educational Institution of Higher Education 2022-05-01
Series:Омский научный вестник: Серия "Общество. История. Современность"
Subjects:
Online Access:https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2022/%D0%A2.%207,%20%E2%84%96%202%20(%D0%9E%D0%98%D0%A1)/124-133%20%D0%93%D0%BE%D1%80%D0%B4%D0%B8%D0%B5%D0%B2%D0%B8%D1%87%20%D0%A2.%20%D0%98.,%20%D0%A0%D1%83%D0%B7%D0%B0%D0%BD%D0%BE%D0%B2%20%D0%9F.%20%D0%92..pdf
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author T. I. Gordievich
P. V. Ruzanov
author_facet T. I. Gordievich
P. V. Ruzanov
author_sort T. I. Gordievich
collection DOAJ
description The article is devoted to the study of macroeconomic trends in 2020-2021 in Russia. The relevance of the problem is connected with the need to determine the nature of conjunctural fluctuations of macro indicators. Russia’s GDP in 2020 showed a decrease of 3,1 %, in 2021 it is expected to grow by 4,5 %. The crisis of 2020 was reflected in the disruption of reproductive chains and affected the level of production of certain economic sectors. Economic growth in 2021 had a restorative character. It appeared in the form of a revival of consumer demand and the resumption of production growth in the industries affected by the coronacrisis. The purpose of the study is to analyze the main macroeconomic indicators in the conditions of the coronavirus pandemic, to determine trends and patterns of economic development. The article uses methods of formal and meaningful analysis of statistical information. The present study shows that the conjunctural fluctuations of the economy are based on internal and external factors that stimulate and restrain economic growth. The trigger for the uneven development of the economy was a natural cataclysm in the form of a coronavirus pandemic.
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spelling doaj-art-66d047db650e4647adeba3ac7a39db702025-02-02T05:28:28ZengOmsk State Technical University, Federal State Autonomous Educational Institution of Higher EducationОмский научный вестник: Серия "Общество. История. Современность"2542-04882541-79832022-05-017212413310.25206/2542-0488-2022-7-2-124-133Conjunctural fluctuations in the Russian economyT. I. Gordievich0P. V. Ruzanov1Omsk State Technical UniversityOmsk State Technical UniversityThe article is devoted to the study of macroeconomic trends in 2020-2021 in Russia. The relevance of the problem is connected with the need to determine the nature of conjunctural fluctuations of macro indicators. Russia’s GDP in 2020 showed a decrease of 3,1 %, in 2021 it is expected to grow by 4,5 %. The crisis of 2020 was reflected in the disruption of reproductive chains and affected the level of production of certain economic sectors. Economic growth in 2021 had a restorative character. It appeared in the form of a revival of consumer demand and the resumption of production growth in the industries affected by the coronacrisis. The purpose of the study is to analyze the main macroeconomic indicators in the conditions of the coronavirus pandemic, to determine trends and patterns of economic development. The article uses methods of formal and meaningful analysis of statistical information. The present study shows that the conjunctural fluctuations of the economy are based on internal and external factors that stimulate and restrain economic growth. The trigger for the uneven development of the economy was a natural cataclysm in the form of a coronavirus pandemic.https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2022/%D0%A2.%207,%20%E2%84%96%202%20(%D0%9E%D0%98%D0%A1)/124-133%20%D0%93%D0%BE%D1%80%D0%B4%D0%B8%D0%B5%D0%B2%D0%B8%D1%87%20%D0%A2.%20%D0%98.,%20%D0%A0%D1%83%D0%B7%D0%B0%D0%BD%D0%BE%D0%B2%20%D0%9F.%20%D0%92..pdfgross domestic productcoronavirus pandemicinflationconsumer price indexmacroeconomic demandmonetary policykey ratemoney supplyfiscal policy
spellingShingle T. I. Gordievich
P. V. Ruzanov
Conjunctural fluctuations in the Russian economy
Омский научный вестник: Серия "Общество. История. Современность"
gross domestic product
coronavirus pandemic
inflation
consumer price index
macroeconomic demand
monetary policy
key rate
money supply
fiscal policy
title Conjunctural fluctuations in the Russian economy
title_full Conjunctural fluctuations in the Russian economy
title_fullStr Conjunctural fluctuations in the Russian economy
title_full_unstemmed Conjunctural fluctuations in the Russian economy
title_short Conjunctural fluctuations in the Russian economy
title_sort conjunctural fluctuations in the russian economy
topic gross domestic product
coronavirus pandemic
inflation
consumer price index
macroeconomic demand
monetary policy
key rate
money supply
fiscal policy
url https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2022/%D0%A2.%207,%20%E2%84%96%202%20(%D0%9E%D0%98%D0%A1)/124-133%20%D0%93%D0%BE%D1%80%D0%B4%D0%B8%D0%B5%D0%B2%D0%B8%D1%87%20%D0%A2.%20%D0%98.,%20%D0%A0%D1%83%D0%B7%D0%B0%D0%BD%D0%BE%D0%B2%20%D0%9F.%20%D0%92..pdf
work_keys_str_mv AT tigordievich conjuncturalfluctuationsintherussianeconomy
AT pvruzanov conjuncturalfluctuationsintherussianeconomy