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Belarus crisis to expand economic reliance on Russia

Location:

BELARUS

Protracted disputes over oil and gas pricing and supply volumes will now be resolved on Moscow's terms, and Lukashenka must gratefully accept the debt relief and terms on offer.

Sanctions evasion across Central Asia will continue

Location:

CENTRAL ASIA

In early June, the United States sanctioned three entities -- one Kazakh and two Kyrgyz -- for procuring industrial goods and equipment for Russia’s ultimate benefit, violating US…

Russia will expand support to small businesses

Location:

RUSSIA

However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…

Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Booming Armenian economy vulnerable to war trends

Location:

ARMENIA

The war in Ukraine has driven large movements of people and capital into Armenia's small economy, fuelling double-digit GDP growth in 2022. Trade with Russia has boomed as supply…

Militarisation will cause rising distortions in Russia

Location:

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…

Risk of financial instability in Russia rising slowly

Location:

RUSSIA

The resumption of inflation is a consequence of soaring domestic demand outstripping supply, especially for war-related goods and services. The CBR is tightening monetary policy…

Bank caution will make Russian firms draw on own funds

Location:

RUSSIA

Financing sources for Russian companies.

Russian outflows to continue with or without sanctions

Location:

RUSSIA

Capital outflows from Russia.

Belarusian economic recovery may not last

Location:

BELARUS

At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…