Text resize: A A
Change contrast

Tag: economy

Little change in the Belarusian economy

For years the Belarusian economy has faced the same challenges. The main input to state coffers comes from a few gas enterprises and the military industry, while many branches of the economy remain ineffective. Heavy dependence on Russia is also a serious problem. The only cure is structural reforms. Yet, seemingly there is no political will for their quick implementation.

According to official projections, Belarus is to reach 3.5 per cent GDP growth this year. Less optimistic is the forecast of the IMF which believes growth will be at only 0.7 per cent. The National Bank of Belarus, in turn, assumes inflation will not pass seven per cent. Regardless of the source, the predicted growth is not going to result in any form of structural change to the Belarusian economy. Rather it will be a reflection of global economic prosperity and higher gas prices.

September 1, 2018 - Anna Maria Dyner

The dragon in the room

Despite China's assurances that Baku-Beijing-Tbilisi relations are to be based on the principle of equilibrium, with economic gain being the sole motivation, the impression of political dominance is hard to avoid. It is estimated that the old patterns of regional rivalries will further change with China’s expansions westwards, with China becoming a regional stabiliser.

January 30, 2018 - Małgosia Krakowska

Ukraine in 2017: A summary

The situation in Ukraine, at first glance, looks good: the military conflict is frozen, the macroeconomic stability has been achieved, the economy has started to grow, and the West continues to support the country. Despite the successes, however, Ukraine has failed to meet the expectations of its citizens.

January 25, 2018 - Valerii Pekar

Economic freedom for Ukraine

Ukraine needs economic growth, as it provides the resources for defence, social peace and reforms. The state's interference in the economy has been too strong and the increase of social obligations given the bad business climate has constrained business activity.

December 18, 2017 - Valerii Pekar

Latvia – a potential target for Russian economic aggression?

Politically, Latvia is firmly anchored to the West through its membership of the European Union and NATO. Economically, however, the country still remains under significant Russian influence. The Kremlin has several economic instruments at its disposal which could be used to cause significant negative impact on Latvian economy. The key ones would include restricting imports of Latvian goods, banning future and liquidating existing Russian FDIs in Latvia, reducing volumes of Russian freight transit through Latvian ports, halting supplies of natural gas to Latvia, and withdrawing non-resident deposits controlled by Russia-related entities from the Latvian banking system.

August 17, 2017 - Adam Klus

A bittersweet victory: Ukraine’s Association Agreement with the EU

After more than ten years of negotiations, the Association Agreement between the European Union (EU) and Ukraine came into full force in July 2017. The Agreement, which establishes an economic and political association between the two parties, had been provisionally in force since January 1st 2016.

July 10, 2017 - Oksana Khomei, Alena Permakova, Dmytro Sydorenko and Balazs Jarabik

Strange bedfellows: How the politics-business nexus stifles innovation in Russia

It is no secret that innovation is responsible for as much as 80 per cent of economic growth. Not surprisingly, given the current situation in the global economy, especially the rising inequality in the developed world and the dysfunction of commodity-driven economic models in many developing countries, the next economic breakthroughs lie in innovation in fields such as biotechnology, genetic engineering, 3-D printing and robotics. The question of what it takes to be globally competitive really comes down to what it takes to be innovative. And the answer lies in politics.

November 24, 2016 - Dina Rosenberg

Partners

Terms of Use | Cookie policy | Copyryight 2018 Kolegium Europy Wschodniej im. Jana Nowaka-Jeziorańskiego
webdesign : hauerpower.com