Both the current economic situation and the short-term growth outlook of virtually all countries in transition are better than at any time during the last decade. Driven by higher import demand from the EU, the Central and East European countries are enjoying an export boom which fuels their GDP...

Summary The Ukraine conflict is having serious consequences not only for Russia and Ukraine, but it also potentially threatens to damage the still frail economic recovery in Europe. In Ukraine, which is the main victim of the conflict, the economy may decline by up to 8% this year. In Russia,...

The Russian economy boomed in the period of rising energy prices. That period coincided roughly with the era of Vladimir Putin's presidency (2000-2008). The speed of Russia's catching-up was then even faster than that of the new EU member states from Central and Eastern Europe. Surging energy...

This report investigates the impact of trade structure and trade specialization on long-run development patterns in a heterogeneous set of countries, including most OECD countries, developing and rapidly industrializing Asian and Latin American countries as well as ten Central and Eastern...

In this paper, we investigate the relationship between export performance and economic growth in Russian regions. We propose a methodology for decomposition of export growth into intensive and extensive margins and distinguish between product- and geographic extensive components within extensive...