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War in Ukraine creates opportunities for Central Asia

Location:

CENTRAL ASIA

The war in Ukraine has changed the dynamics of interaction between Russia and the Central Asian countries, which have been traditionally a source of migrant labour. Despite rising…

Smaller trade surplus will keep ruble low this year

Location:

RUSSIA

Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…

Labour supply constraints will dampen Russian growth

Location:

RUSSIA

Although the Russian economy is performing well, future growth will be at risk if current imbalances in the labour market are not resolved. Labour policies are being adjusted to…

Euro-area design flaws will curb GDP growth and reform

Location:

EU

For critics, the euro-area imposes a one-size-fits-none approach to fiscal and monetary policy. While that applies also to the United States and China, given their regional…

EU faces dilemma over wind energy

Location:

EUROPE

The initiative indicates the degree to which the sector has assumed strategic importance in terms of both energy security and the achievement of climate change targets, although…

Solutions struggle to cut EU small-firm funding woes

Location:

EU

This financing gap -- between what SMEs require to meet expansion targets and what they can raise from internal or external sources -- has been estimated at 1.1-2.2% of GDP…

Prospects for African economies to end-2023

Location:

PROSPECTS H2 2023

The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…

War may not prevent elections in Ukraine

Location:

UKRAINE

Zelensky’s statement followed weeks of growing speculation that a wartime election might be held. However, it is still unclear if elections -- either parliamentary or…

Costa Rica’s economy looks strong despite challenges

Location:

COSTA RICA

The economy thrived on the back of vigorous external demand last year, resulting in a 12.2% expansion driven by free trade zones and a robust recovery of fixed investment.

Downside risks to China’s growth target are mounting

Location:

CHINA

The 6.3% year-on-year growth posted for the second quarter was distorted by COVID-19 lockdowns in Shanghai and other major cities in the same period last year. Accordingly…