Crisis phenomena in the Russian economy and ways out of them

Currently, we can observe a deterioration in the economic situation and a decline in living standards. Understanding the reasons for this situation is not easy enough and is only possible if you have some knowledge of Economics and related terminology. The Russian economy is characterized by uneven development and if we look at the post-Soviet period, we can distinguish the following crisis phenomena: the crisis of 1998, the global crisis of 2008-2009, the crisis that began at the end of 2014 and is currently coming to the economic crisis of the Russian economy and the economies of countries around the world. At the beginning, the pandemic had a local impact on China's stock exchanges, where trading volumes began to decline from January 21, 2020, but since January 27, amid an increase in the number of cases, the fall affected the FTSE 100 and European exchanges. Further developments led to a global stock market crash that began on February 20, 2020. The pandemic itself led to the closure of enterprises in all countries of the world, including in the Russian economy, a sharp increase in demand for everyday products, and speculation in the market for certain products: antiviral drugs, sanitary masks, and disinfectants...