The Impact of Economic and Geopolitical Shocks of 2014 – 2017 on the Modern Banking System of Russia

Abstract:

The authors analyze the retrospective and latest dynamics in the development of the banking system of Russia in the context of crisis theory in respect to the contemporary history of the Russian economy, with Russian banks considered as subjects of the investment process. Given the considered structure of economic cycles and crisis phenomena, the authors formulate the contents of latest economic and geopolitical shocks and their impact on the state of the modern banking system in Russia.