Author(s): Yuri V. Kozyr, Oksana V. Teveleva
In 2020, Russia's economy, like the economies of the rest of the world, faces an unprece-dented challenge from the coronavirus epidemic. With the lockdown, the global economic reces-sion, falling oil prices and related disruptions, the economy is likely to face a prolonged period of slowing growth. Whether the spring and summer lockdown was justified remains to be seen. Equally, the severity of the economic consequences remains to be assessed. In any case, the shock situation could not but affect the economic indicators, as well as the quality of life of the majority of Russians.