Russia and the World: How Sustainable is Economic Growth? Risks and Barriers
In: Voprosy ėkonomiki: ežemesjačnyj žurnal, Heft 12, S. 63-80
Relative stabilization of economic situation in a large number of countries is now coupled with the growing concerns about the political events. New US sanctions against Russia contribute to this. In economic sphere QE reduction plans, central bank balance sheet optimization which became excessively large, also create concerns. Growing interest of market participants to the high risk transactions, which is caused by lower volatility and low levels of yield, also raise doubts.