UDC 338.1

EFFECT OF THE CURRENT ECONOMIC CRISIS ON THE ECONOMY OF RUSSIA

Vylegzhanina Elena Vladimirovna
Kuban State University
assistant professor of economic analysis, statistics and finance

Abstract
The paper examines the impact of the current economic crisis on the Russian economy. A sharp drop in oil prices, the ruble exchange rate fluctuations, unstable geopolitical situation in the world, anti-Russian sanctions, appeared on the background of the situation with Ukraine, and as one of its consequences, lack of foreign investment in Russia determined the current situation of the Russian economy recession. The article analyzes the main macroeconomic indicators, as well as provides consequences for certain sectors of the Russian economy. We consider the immediate prospects for the development and identified the optimal set of measures for the withdrawal of Russia from the crisis.

Article reference:
Effect of the current economic crisis on the economy of Russia // Economics and innovations management. 2016. № 8 [Electronic journal]. URL: http://ekonomika.snauka.ru/en/2016/08/12360

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