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High employment and low wages will curb Russian growth

Location:

RUSSIA

In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Inequality will rise in China despite policy push

Location:

CHINA

The COVID-19 pandemic has exacerbated inequality, according to official data. Divergence across income brackets has risen, with low- and middle-income households having been hit…

Prospects for the Russian economy to end-2023

Location:

PROSPECTS H2 2023

Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…

Risks threaten optimistic Greek growth forecasts

Location:

GREECE

After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…

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…