Challenges for Entering CIS Markets
Overview
As the advanced Western economies still try to recover fully from the global financial crisis, the CIS, a part of the world often neglected by investors and business leaders, has been showing impressive growth and maturity, both economically and politically. The International Monetary Fund (IMF) in its World Economic Outlook (2017) has improved the forecast for economic growth in the CIS countries up to 0.6 percent and 1.5 percent, in 2016 and 2017, respectively. IMF analysts also argue that many commodity exporters within the CIS still confront the need for sizable fiscal adjustments, and that these economies more broadly need to be alert to financial stability risks. Risks of noneconomic ...
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