Reported and projected oil prices (2013 USD/bbl). Note: Arabian Light prices are specified for 1965–1983, Brent for 1984–2013, and estimates based on the IMF price trend forecast (published in 2014) for future years. Source: authors’ calculations based on BP (BP, 2014) and IMF data (IMF, 2014).

 
 
  Part of: Kudrin A, Gurvich E (2015) A new growth model for the Russian economy1. Russian Journal of Economics 1(1): 30-54. https://doi.org/10.1016/j.ruje.2015.05.002