Bloomberg has estimated the losses of the Russian economy from sanctions

Due to sanctions Western countries, Russia’s economy in 2014 are unable to grow further by 6% of GDP, experts say Bloomberg

Photo: Andrey Rudakov / Bloomberg

Experts Bloomberg has built an economic model that demonstrates how to develop the Russian economy, if the Western countries in 2014, has not imposed sanctions against Russia. The difference between actual and potential (without sanctions) rate of growth of the Russian economy, according to estimates by Bloomberg, up to 10%.

To calculate what is the contribution of sanctions, is difficult enough, experts admit. For example, the impact on the economy has also had a drop in oil prices since the second half of 2014, says Bloomberg, however, the current level of development of the Russian economy can not be explained.

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