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Prospects for the Russian economy in 2023

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PROSPECTS 2023

Prospects for the Russian economy in 2023.

Prospects for the Russian economy to end-2023

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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…

Russia's economic decline will continue this year

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RUSSIA

The recession was far shallower than expected; early forecasts had predicted a contraction of up to 10%. However, economic decline will continue into 2023. Unprecedented sanctions…

War threatens lasting risks for Germany’s economy

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GERMANY

The impact of the war in Ukraine, and Western sanctions on Russia, is already harming the economy through higher energy and consumer prices plus trade disruption. The German…

Russia spillover, low oil price will challenge Astana

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KAZAKHSTAN

The slowing down of Kazakhstan's economy continues against a background of slow global growth, the turbulent economic situation in Russia and low oil prices. Lower-than-projected…

Ukraine will worsen existing Latin American weaknesses

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LATIN AMERICA

Although many countries in Latin America are net food exporters, the fallout from the war in Ukraine is set to have a serious impact on a region already disproportionately…

Many factors will restrict Russia’s recovery in 2023

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RUSSIA

This turnout was a far milder contraction than the many assessments made at the outset of the invasion of Ukraine of its likely impact on the Russian economy. It prompted a public…

UK government has space for fiscal loosening

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UNITED KINGDOM

The UK economy is not as directly exposed to the conflict as other European countries, but economic weakness in the EU will have knock-on effects for the United Kingdom. The…

Militarisation will cause rising distortions in Russia

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RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

Ukraine’s drones menace Russian and Kazakh exports

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UKRAINE/RUSSIA

Ukraine looks poised to pursue maritime drone attacks against Russian military vessels and port infrastructure. It is also trying to persuade foreign shipping and insurance…