{"title":"经济增长:预测被下调","authors":"A. Vedev","doi":"10.2139/ssrn.3470193","DOIUrl":null,"url":null,"abstract":"The medium-term forecast released by the RF Ministry of Economic Development has been altered by downgrading the economic indices compared with its April version. However, the growth rate of real GDP for 2019 has been left unchanged (1.3%), and its index for the next year has been decreased from 2% to 1.7%. As far as the budgetary process is concerned, the GDP indices in nominal terms have likewise been reduced, thus translating into expectable revenue cuts. In this connection, it would also be reasonable to expect a shrinkage of expenditure, to be followed by a shrinkage of domestic demand.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Economic Growth: The Forecasts Are Downgraded\",\"authors\":\"A. Vedev\",\"doi\":\"10.2139/ssrn.3470193\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The medium-term forecast released by the RF Ministry of Economic Development has been altered by downgrading the economic indices compared with its April version. However, the growth rate of real GDP for 2019 has been left unchanged (1.3%), and its index for the next year has been decreased from 2% to 1.7%. As far as the budgetary process is concerned, the GDP indices in nominal terms have likewise been reduced, thus translating into expectable revenue cuts. In this connection, it would also be reasonable to expect a shrinkage of expenditure, to be followed by a shrinkage of domestic demand.\",\"PeriodicalId\":144069,\"journal\":{\"name\":\"ERN: Institutional Change & Economic Growth (Topic)\",\"volume\":\"1 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-10-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Institutional Change & Economic Growth (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3470193\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Institutional Change & Economic Growth (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3470193","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The medium-term forecast released by the RF Ministry of Economic Development has been altered by downgrading the economic indices compared with its April version. However, the growth rate of real GDP for 2019 has been left unchanged (1.3%), and its index for the next year has been decreased from 2% to 1.7%. As far as the budgetary process is concerned, the GDP indices in nominal terms have likewise been reduced, thus translating into expectable revenue cuts. In this connection, it would also be reasonable to expect a shrinkage of expenditure, to be followed by a shrinkage of domestic demand.
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