Register now for a free trial to gain access to
this piece and see how
you can benefit from an RGE subscription.
Russia: Will Credit Growth Support Economic Growth in 2011?
By David Rogovic and Rachel Ziemba
After struggling to gain momentum throughout most of the year, the Russian economy expanded by 4% y/y in 2010, well below its pre-crisis trend. Despite significant government support, the unwillingness of Russian banks to lend constrained the recovery, especially in fixed investment. However, by late 2010, Russian banks were enjoying[...]