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Research Article
Russian Journal of Economics 2(3): 279-301
https://doi.org/10.1016/j.ruje.2016.09.002 (31 Aug 2016)
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  • 1. Introduction: Volatility of the terms of trade and economic development
  • 2. Measuring economic results: GDP and GDI
  • 3. Economic crises in Russia and economic development indicators
  • 4. Decline of real GDP and GDI as a result of worsening terms of trade, the introduction of sanctions and the ruble's depreciation in late 2014 and 2015
    • 4.1. The impact of shrinking disposable incomes on the macroeconomic situation
    • 4.2. Impact of the ruble's depreciation on the macroeconomic situation
  • 5. Conclusions: Short-term economic measures
  • References
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