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Financial Analytics: Science and Experience
 

An evaluation of the situation in the Russian stock market during the global crisis

Vol. 9, Iss. 13, APRIL 2016

PDF  Article PDF Version

Received: 26 February 2016

Accepted: 14 March 2016

Available online: 15 April 2016

Subject Heading: MONITORING OF ECONOMIC PROCESSES

JEL Classification: F21, F43, F53, H30

Pages: 2-15

Fedotova G.V. Volgograd State Technical University, Volgograd, Russian Federation
g_evgeeva@mail.ru

Obukhova S.V. Volgograd State Technical University, Volgograd, Russian Federation
obukhovasv@gmail.com

Importance The article analyzes how the Russian stock market has been developing for the recent ten years, scrutinizes the situation of 2015 and forecasts the market trends.
Objectives The research evaluates how the Russian stock market has been developing, and determines its development prospects. We also briefly analyze the market development starting from 2005 and scrutinize the existing global economic situation as seen during the recent years. The research overviews the development of the Russian stock market in 2015, identifies the current issues of its operations, provides recommendations for addressing them, and forecasts the market development.
Methods We applied methods of comparative analysis, systematization, classification, analogy, and comparison.
Results The article constitutes a comprehensive overview of the situation in the Russian stock market for the recent decade, and the current financial and economic situation worldwide. We provided recommendations for the national adaptation during the global crisis and probable scenarios of the Russian stock market development.
Conclusions and Relevance If the country pursues its innovative development, it will prevent its dependence on the oil market, overcome crisis and develop its stock market, thus making it an international financial center.

Keywords: stock market, global crisis, international financial center

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