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1 – 10 of 55The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
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War, sanctions and a mutual desire to overturn US-led regional security orders have pushed Moscow and Tehran closer together. Moscow desires to turn what has historically been a…
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DOI: 10.1108/OXAN-DB284914
ISSN: 2633-304X
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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…
RUSSIA: Banking profits will serve as fiscal reserve
The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…
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DOI: 10.1108/OXAN-DB280435
ISSN: 2633-304X
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The two countries have turned to each other amid increasing isolation from international banking systems, export markets, and foreign resources and technologies. Deepening their…
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DOI: 10.1108/OXAN-DB278339
ISSN: 2633-304X
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Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…