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Research Archive

February 2012 Bulgaria: ERM membership delayed but not forgotten » Read more » Kosovo: Working towards a new IMF program » Read more » Latvia: The authorities seek to secure Euro entry in 2014 » Read more » January 2012 Belarus: The first signs of economic stabilisation emerge » Read more » Hungary: Policy missteps undermine the forint » Read more » December 2011 Kazakhstan: Efforts continue to resolve banking problems » Read more » Montenegro: Sound growth but imbalances remain » Read more » Slovenia: Government formation could prove lengthy » Read more » November 2011 Czech Republic: EU slowdown worsens GDP outlook » Read more » Romania: Opposition groups join forces ahead of elections » Read more » Russia: Elections but little uncertainty about the outcome » Read more » Poland: Weaker zloty not justified by fundamentals » Read more » October 2011 Albania: Solid growth but economic risks remain » Read more » Kyrgyz Rep: Presidential elections approach » Read more » Moldova: Robust growth despite constitutional issues » Read more » Serbia: Preparing for a global economic slowdown » Read more » September 2011 Croatia: Weak economic growth and high indebtedness » Read more » Slovakia: Tensions within the coalition on Euro bailouts » Read more » Bulgaria: The current account moves to surplus » Read more » Bosnia: EU integration and IMF program delayed » Read more » August 2011 Latvia: Parliamentary elections should offer a fresh start » Read more » Kosovo: Strong growth but off track with the IMF» Read more » Macedonia: A new government but little change in policy» Read more » Hungary: The limitations of a two-speed economy» Read more » July 2011 Georgia: Is the Lari appreciating too fast?» Read more » Ukraine: Rising gas price poses awkward questions» Read more » Belarus: A classic balance of payments crisis» Read more » June 2011 Kazakhstan: Strong GDP growth but bad loans remain» Read more » Slovenia: Pressure on the government increases» Read more » Romania: Above target inflation warrants rate hikes» Read more » Azerbaijan: Adjusting to lower economic growth» Read more » May 2011 Czech Republic: Modest growth but sound policy platform» Read more » Armenia: A sharp rise in inflation must be contained» Read more » Poland: Reforms must be implemented despite elections» Read more » Russia: A solid if unspectacular economic recovery» Read more » April 2011 Kyrgyz Rep: Presidential elections loom» Read more » Moldova: Strong growth helps fiscal consolidation» Read more » Albania: Economic growth starts to accelerate» Read more » Montenegro: The fiscal situation improves significantly» Read more » March 2011 Slovak Republic: The privatization process restarts» Read more » Croatia: The HDZ struggles as elections approach» Read more » Serbia: New IMF program needed as elections loom» Read more » Bulgaria: Real effective exchange rate still overvalued?» Read more » February 2011 Hungary: Fiscal targets commendable but details vague» Read more » Macedonia: GDP growth but fiscal and inflation concerns» Read more » Kosovo: GDP growth but fiscal and inflation concerns» Read more » Latvia: Growth returns but competitiveness remains key» Read more » January 2011 Bosnia: Still awaiting a political compromise» Read more » Georgia: The current account remains a weak point» Read more » Ukraine: On track with the IMF but concerns elsewhere» Read more » Slovenia: Pension reform may face a referendum» Read more » December 2010 Belarus: More reform needed to reduce external deficits» Read more » Romania: Bearing the pain of harsh economic adjustment» Read more » Poland: The economic recovery gains pace and breadth» Read more » Czech Republic: Reaping the benefits of strong policies» Read more » November 2010 Armenia: The current account deficit remains a concern» Read more » Azerbaijan: Adjusting to more normal rates of growth» Read more » Kazakhstan: Faster than expected economic growth» Read more » Russia: The recovery becomes more broad-based» Read more » October 2010 Montenegro: Fiscal deficit must be cut despite Eurobond » Read more » Kyrgyz Republic: Political crisis derails economic recovery » Read more » Albania: Political impasse slows European integration » Read more » Slovakia: New government to tackle fiscal overshoot » Read more » September 2010 Serbia: Bloated public sector hinders productivity » Read more » Moldova: Robust economic rebound but political chaos » Read more » Croatia: Fiscal slippage as the economy remains weak » Read more » Bulgaria: Weak recovery undercuts fiscal retrenchment » Read more » August 2010 Hungary: Searching for a coherent economic plan » Read more » Tajikistan: Economic growth but a weak external position » Read more » Kosovo: Investment spending buoys growth » Read more » Latvia: The recession finally starts to bottom out » Read more » July 2010 Macedonia: Initiation of EU Accession talks still on hold » Read more » Ukraine: Reform promises win a new IMF program » Read more » Bosnia: October elections detract from key reforms » Read more » Belarus: Oil price hike pressurises external accounts » Read more » June 2010 Georgia: The Lari comes under pressure » Read more » Russia: Positive developments must-not blunt reforms » Read more » Romania: No confidence vote looms as reforms bite » Read more » Slovenia: Referendum outcome key for the coalition » Read more » May 2010 Kazakhstan: Economic growth faster than expected » Read more » Czech Republic: A modest economic recovery » Read more » Azerbaijan: Immune to the global economic crisis » Read more » Poland: Challenges to the pace of economic recovery » Read more » Armenia: Growth rebounds but vulnerabilities remain » Read more » April 2010 Albania: Fiscal tightening must stabilise the debt ratio » Read more » Slovak Republic: Smer dominates as economy rebounds » Read more » Kyrgyz Republic: A strong economic rebound » Read more » Montenegro: Unfavourable economic trends » Read more » March 2010 Moldova: The monetary tightening cycle begins » Read more » Serbia: Improved competitiveness must be retained » Read more » Croatia: The new prime minister makes an impact » Read more » Bulgaria: Preparing to join ERMII » Read more » February 2010 Latvia: Enduring the pain of "internal devaluation" » Read more » Ukraine: Yanukovych to offer stability but little reform » Read more » Hungary: The downturn finally starts to moderate » Read more » Russia: The economic recovery finds firmer foundations » Read more » January 2010 Macedonia: Tighter monetary policy pays dividends » Read more » Georgia: Weaker growth and FDI inflows than expected » Read more » Bosnia: Making little progress towards the EU » Read more » Belarus: Protecting output growth comes at a price » Read more » December 2009 Kosovo: Relatively immune to the global slowdown » Read more » Poland: Economic recovery must lead to budget cuts » Read more » Slovenia: A second quarter of positive q-o-q growth » Read more » November 2009 Romania: Swift resolution of political crisis is essential » Read more » Czech Republic: Inflation drops well below target band » Read more » Azerbaijan: Both Oil Fund and political importance grow » Read more » Kazakhstan: Slow recovery as balance sheets repaired » Read more » October 2009 Slovak Republic: Well placed for a solid growth rebound» Read more » Armenia: Major economic problems despite Russian loan» Read more » Albania: Still growing thanks to huge capital expenditure» Read more » Moldova: New government must tackle fiscal overshoot» Read more » September 2009 Croatia: Fiscal measures help to adjust to the downturn» Read more » Russia: Real economy showing first signs of recovery» Read more » Montenegro: Vulnerabilities exposed by the downturn» Read more » Serbia: IMF delay does not detract from improving story» Read more » August 2009 Georgia: Making sound progress with the IMF» Read more » Tajikistan: A timely exchange rate adjustment» Read more » Kyrgyz Republic: Growing despite the global downturn» Read more » Hungary: Strong economic policies but elections loom» Read more » July 2009 Bulgaria: GERB decides to rule as a minority government» Read more » Ukraine: Signs of stabilisation but challenges remain» Read more » Latvia: Struggling to convince that the peg is sustainable » Read more » Belarus: Severe balance of payments pressures » Read more » June 2009 Bosnia: IMF program at risk due to poor implementation » Read more » Republic of Macedonia: Worrying current account trends » Read more » Poland: Managing to weather the storm » Read more » Russia: Drawing down the Reserve Fund » Read more » May 2009 Czech Republic: Sharp deceleration in growth and inflation » Read more » Azerbaijan: Economic growth despite the global crisis » Read more » Romania: Seeking to correct large twin imbalances » Read more » Kazakhstan: The National Oil Fund proves its worth » Read more » April 2009 Armenia: A new IMF agreement to counter the downturn » Read more » Moldova: Policy adjustment needed as political noise fades » Read more » Croatia: Numerous obstacles remain on the path to the EU » Read more » Slovak Rep: A successful economic convergence story » Read more » March 2009 Ukraine: Political noise hinders program implementation » Read more » Slovenia: Sound macro-policies but reforms still needed » Read more » Montenegro: Economic policies in need of revision » Read more » Hungary: Improving policies but major challenges remain » Read more » Febuary 2009 Serbia: Time to reinvigorate the economic reform process » Read more » Albania: Sound economic policies threatened by elections » Read more » Georgia: Economic resilience tested by successive crises » Read more » Central Asia: A political and economic review » Read more » January 2009 Belarus: External shocks necessitate economic reforms » Read more » Latvia: Is the fixed exchange rate regime sustainable? » Read more » Czech Rep: A cyclical downturn but strong underlying fundamentals » Read more » Bulgaria: Massive capital inflows fail to boost productivity » Read more » Kyrgyz Republic: Struggling to cope with huge external shocks » Read more » December 2008 Bosnia: Essential political reform yet to be implemented » Read more » Romania: Political noise weakens sound fundamentals » Read more » Ukraine: Political sustainability of reforms in question » Read more » Poland: Strong fundamentals will ultimately prevail » Read more » November 2008 Hungary: Many questions remain despite the bail-out » Read more » Russia: Re-Arranging the Window Dressing of "Managed Democracy" » Read more » Russia: Assessing the effects of the financial crisis » Read more » Montenegro: An unsustainable current account deficit » Read more » October 2008 Kosovo: Major challenges but huge investment potential » Read more » Kazakhstan: Battling through a severe credit crunch » Read more » Croatia:Target EU entry date of 2011 will prove very challenging » Read more » Armenia: Brushing off both domestic and external shocks » Read more » /Research-Archive