The Commonwealth of Independent States economies: perspectives and challenges

1. An overview of the Commonwealth of Independent States -- 2. Economic activity in the CIS region -- 3. Challenges for entering CIS markets -- 4. The impact of the global economic crisis on CIS economies -- 5. Political risk in CIS region -- 6. Future considerations and challenges to growth -- Appe...

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Hauptverfasser: Goncalves, Marcus (VerfasserIn), Smith, Erika Cornelius (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York, New York (222 East 46th Street, New York, NY 10017) Business Expert Press 2017
Ausgabe:First edition
Schriftenreihe:Economics collection
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Zusammenfassung:1. An overview of the Commonwealth of Independent States -- 2. Economic activity in the CIS region -- 3. Challenges for entering CIS markets -- 4. The impact of the global economic crisis on CIS economies -- 5. Political risk in CIS region -- 6. Future considerations and challenges to growth -- Appendix A. Country scanning of the CIS states -- About the authors -- Bibliography -- Index
The year 2016 marks the 25th anniversary of the official inauguration of the Commonwealth of Independent States (CIS), a free association of sovereign states comprised of Russia and 11 other republics that were formerly part of the Soviet Union (The CIS--Belarus, Moldova, and Ukraine; the South Caucasus--Azerbaijan, Armenia, Georgia plus disconnected Abkhazia and South Ossetia; and Central Asia--Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Although this loose association of states may not exist as a fixed-entity on the globe, it is believed that this bloc of countries will continue to build upon the various separate regions in the former Soviet space in the coming decade. Despite major differences country-to-country, groups within each state share many common economic, political, and cultural characteristics, which many hope will fade with the passing of those generations that remember the common state.
In this context, the Russian Federation holds a unique position in the Euro-Pacific area. Separate, distinct, but still bordering these regions and related to all of them to differing degrees, in the 2010s Russia will step up efforts to become an independent center of gravity in Northern Eurasia. Leaning on its CIS allies and partners, Moscow is willing to fortify its stance vis-à-vis its geopolitical competitors--the European Union in the west, and China in the east. Nevertheless, the combination of factors that determined the plunge in the economy of the CIS since the second quarter of 2015 persists today. These factors included the sharp fall in commodities prices, restrictions on access to international capital markets due to sanctions against Russia and a deceleration in China, which is the region's main trading partner. Although economic conditions in most of the CIS economies are challenging, differences in growth dynamics persist.
Beschreibung:Includes bibliographical references (pages 145-148) and index
Beschreibung:Online-Ressource (xii, 150 pages)
ISBN:9781947098237
9781947098220