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why 2018 means inertia for russia's regions (op-ed)

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why 2018 means inertia for russia's regions (op-ed)

when it comes to russia’s regions, 2018 will probably not bring much news. inertia is huge and little changes year-to-year. we can, however, give a general forecast of the economic, budgetary and political climate this year.unlike in 2015 and 2016, when regions which focused on the defense or food industries boomed, there are unlikely to be any "champions of growth." in 2017, growth stagnated. in 2018, it is likely to grind to a halt altogether.defense spending has slowed and the food industry is limited by a 12-percent fall in average real incomes between november 2014 and october 2017. on the other hand, the country’s economic crisis has ended and the risk of a recession in the regions is almost nil.predict...