"Years of contraction";"Causes of contraction"
1933;"Destruction of the agricultural sector caused by the “total collectivization” policy. Low world prices for Russian raw exports."
1941–1942;"Destruction of assets due to the war. Temporary loss of territory."
1945–1946;"Cuts of not required any longer military production. The drought of 1946."
1979;"Exhaustion of extensive factors, including the conversion of the population from rural to (more productive) urban. Significant introduction of modern industrial equipment during the two previous decades; no connection between final demand and investment decisions. Weak incentives to grow and to develop for individuals and organizations."
1989–1991;"The first wave of the Great Russian Depression (the death throes of the planned economic system). All structural problems of the late Soviet planned economic system were aggravated by vague reforms and decreasing oil prices. Unbalanced financial system and overall deficit of consumer goods."
1992–1996;"The second wave of the Great Russian Depression (the transition from a planned to a market economy). The complete absence of “market experience”, distorted structure of the economy, low competitiveness of Russian goods and services and incompleteness of market reforms resulted in the Russian economy's output declining by roughly half."
1998;"The Russian economy was affected by the Southeast Asian financial crisis. Intensive foreign capital outflow and a decline of Russian oil prices to USD 10–11 per barrel, forced default on treasury bills and bonds, bankruptcy of several of the largest commercial banks, loss of money by many economic agents, contraction in total output by approximately 5% and devaluation of the ruble by a factor of 4."
2008–2009;"After the Lehman Brothers’bankruptcy in September 2008, Russian banks and companies were nearly cut off from global financial markets, massive capital outflow began from Russia and other emerging markets and oil prices fell to one-third of their pre-crisis levels. Overheating of pre-crisis domestic demand and a lack of skill in managing inventories resulted in a significant decline in production. 2015–? Consistent quelling of entrepreneurial spirit and excessive administrative pressure on business paved the way for the recession triggered by the mutual sanctions from the West and especially by the radical drop in oil prices. At the moment, any positive drivers for economic growth are not very obvious."