Russia Macro Monthly March 2023
GDP exceeded expectation in 2022. Despite the shortcomings of macro analysis in the current environment, the latest data points to improvements in the macro sphere.
06/03/2023
Category: L1LT
What Lies Beneath – Putin’s Federal Assembly Address
Much Ado About Nothing. The only significant statement in the speech was Russia’s suspension of the strategic arms reduction treaty (new START).
21/02/2023
In Context: Sanctions Impact
Predictions of a rapid economic decline and a budget crisis have proven to be greatly exaggerated.
20/02/2023
Russia Macro Monthly February 2023
A more challenging 2023. In 2023, four main factors will affect the economy. One is political, i.e., the geopolitical situation, the direction of the conflict in Ukraine, and associated sanctions. The other three factors are economic – exports, investments, and domestic demand. The same factors provided the macro backdrop for 2022.
10/02/2023
2023 Russia Outlook: Life in a Very Cold Climate
The conflict changes the model. President Putin’s announcement in February 2022 of what he refers to as a “Special Military Operation” (SMO), marked a fundamental shift in how Russian domestic politics works, with rippling effects throughout the Eurasia region.
09/02/2023
Russia’s Sanctions Response Diary – February 6th 2023
New this week: February 2nd: Government submits law that bans the operation of debt collection agencies in Donetsk, Luhansk, Zaporizhiya and Khersson regions for the next three years.
06/02/2023
Russia’s Sanctions Response Diary – January 30th 2023
New this week: January 25th: From January 30th it will be possible to import vegetables, fruit and other food products from China via the Kani-Kurgan border point in the Amur region.
30/01/2023
Russia’s Sanctions Response Diary – January 23rd 2023
New this week: January 17th: Presidential decree allows companies to ignore the votes of foreign shareholders of energy,
engineering or trade companies where the main shareholder has been sanctioned and foreigners
are less than 50% of the shareholders, and revenue is more than RUB100 bln (US$ 1.4 bln).
23/01/2023
Russia’s Sanctions Response Diary – January 16th 2023
New this week: January 11th: The government will offer free flights and army exemptions for IT specialists returning from abroad and will impose higher income taxes on those who remain abroad.
16/01/2023
In Context: Caucasus Demographics
The population of the three Caucasus states is 17.4 mln. Armenia and Georgia suffered from mass immigration in the 1990s and the legacy effect is a declining birth rate today.
11/01/2023
