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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…
Spending will be cut by nearly 2% this year to keep the budget in a slight surplus. Russian policymakers face a now familiar trade-off between their desire for fiscal rectitude…
Both governments hope to benefit from IMF and EU emergency funding through the COVID-19 crisis. In addition, Ukraine is still working on persuading the IMF that it deserves a…
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DOI: 10.1108/OXAN-DB252300
ISSN: 2633-304X
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Geographic
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The collapse in commodity prices, above all oil, plus the impact of an extended lockdown have depressed Russia's exports, investment and consumption. The economic prospects could…
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DOI: 10.1108/OXAN-DB253071
ISSN: 2633-304X
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Geographic
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Belarus's pension system.
Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…
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DOI: 10.1108/OXAN-DB262168
ISSN: 2633-304X
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Geographic
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CIS: Ukraine crisis increases instability concerns
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DOI: 10.1108/OXAN-ES197313
ISSN: 2633-304X
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Geographic
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Russia's economic performance.
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DOI: 10.1108/OXAN-DB242125
ISSN: 2633-304X
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Geographic
Topical
The budget allocates substantial funds to the National Projects, a sweeping development programme unveiled in 2018 and rescheduled in July this year. Despite the renewed focus on…
The projected fiscal deficit of 3.5% of GDP assumes a forecast 2.1% economic contraction this year. The authorities have used their ample fiscal space and large sovereign wealth…