Ukraine has faced an extremely tumultuous period over the past three years, and is beginning to recover and exit its recession. As MNCs are increasingly trying to anticipate the outlook for the market in the coming years and make strategic…
For a country that saw some of the strongest consumer spending growth in the world in the 2000s – when it rose by 10-15% YOY in the years prior to the 2008/2009 global financial crisis – Russian consumers have been…
For more than two decades, Belarus has been quite predictable politically and economically. A centralized, neo-Soviet state guided by an autocratic leader who ensured rising living standards and stability had seemed to serve the country adequately. However, the last two…
After two years of recession following the oil price collapse in late 2014, the Russian economy is showing signs of life – it just depends on where you look. On one hand, industrial output has been recovering and is set…
While the worst of the economic crisis is thankfully over in Russia, growth over the next four years will remain weak. Tighter political control will remain top priority for the Russian government, with all other considerations subservient – including economic.…
Unlike Russia and Kazakhstan, which will see a return to growth in 2017, Azerbaijan will continue to struggle next year, with the economy barely seeing stagnation after contracting by 4%YOY in 2016. The country will continue to deal with deeper…
After a severe slowdown in growth and much volatility since early 2015, Kazakhstan is now entering a new normal. For multinational corporations, the rapid downturn came as a major surprise and most firms are wondering when the country will return…