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…
Russia through 2020: Moscow chooses stability over growth
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.…
A long road ahead for Azerbaijan’s recovery
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…
Is Kazakhstan becoming an appealing market again?
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…
Emerging Market Executives Will Navigate New Global Challenges in 2017
As multinationals look to 2017, emerging market executives will need to rebalance their market portfolios toward markets demonstrating strong resilience and good governance, invest in market monitoring capabilities, adapt their pricing policies to enhance localization, and optimize their channel economics…
Podcast: Russia, Belarus and Kazakhstan Customs Union | Expert Interview
The Customs Union between Russia, Belarus, and Kazakhstan increasingly attracts the attention of multinationals interested in expanding their presence in the CIS. In this podcast, FSG interviews Alexander Rogan, CEO of Russia Supply Chain and FSG Expert Advisor on the…
CEE’s Last Frontier: Opportunities and Challenges for Multinationals in Central Asia
As FSG’s clients increasingly look for expansion opportunities in the Commonwealth of Independent States (CIS), I took a two-week trip to Central Asia to find out more about the operating environment in the region. I traveled to Turkmenistan, Uzbekistan, and…