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Millions of Russians (close to 10% of the population) still live in depressed 'monotowns' – single-factory (or single-industry) towns built in the Soviet era. Many monotowns are…
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…
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DOI: 10.1108/OXAN-DB280931
ISSN: 2633-304X
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Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…
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DOI: 10.1108/OXAN-DB286565
ISSN: 2633-304X
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Geographic
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The ban was implemented in response to EU and US pressure, as Georgia was a pivotal player in blunting the intended impact of sanctions. However, Georgian re-export of cars remain…
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DOI: 10.1108/OXAN-DB287229
ISSN: 2633-304X
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Soaring government spending, driven by the war in Ukraine, has pushed economic activity beyond levels many thought possible given the available supply of labour and capital. Yet…
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DOI: 10.1108/OXAN-DB287067
ISSN: 2633-304X
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Unprecedented Western sanctions have pushed Russia to seek new bilateral free trade agreements (FTAs). Moscow is moving fast to create a wide network of agreements with emerging…
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DOI: 10.1108/OXAN-DB283317
ISSN: 2633-304X
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The Ministry of Finance is seeking new ways to boost federal revenues to fund rising military expenditure, as well as any pledges made during the forthcoming presidential election…
Foreign investors seeking to leave Russia face several serious challenges. One is Russian government legislation that imposes onerous losses on those who exit. Another is that…