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Economy CSS Blog

Assessment of the Financial Situation of Households (2nd quarter of 2019)

This graphic illustrates the financial situation of rural and urban Russian households during the 2nd quarter of 2019. According to surveys on living standards and deprivation, the extent of perceived poverty is worse than the official poverty line suggests.

For more on the extent of poverty in Russia and the government’s policies to combat it, see Russian Analytical Digest 249 on ‘Need-Based Social Policies’. 

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Economy Coronavirus CSS Blog

GDP Growth Forecast for Russia for 2020 and 2021 (% yoy)

 

This graphic breaks down the GDP growth forecast for Russia in 2020 and 2021. Forecasts range from slightly negative values to -6 percent. The drastic economic consequences of the quarantine measures explain why 2020 GDP estimates for Russia are currently extremely divergent.

For more on how Russia is facing the economic crisis posed by the Covid-19 pandemic, see Russian Analytical Digest 251 on ‘Russia and the Covid-19 Pandemic’.

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Economy CSS Blog

The Western Balkans within Europe

This graphic maps the Western Balkans in Europe focusing on their GDP. With the exceptions of Croatia and Slovenia, the Western Balkans are unable to achieve growth rates that enable it to catch up with EU averages. The average GDP per capita for the six countries is half that of Central European countries and only one quarter of that of Western Europe.

For insights on the Western Balkans between the EU, NATO, Russia & China, read more of Henrik Larsen’s CSS Analyses in Security Policy here.

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Economy Coronavirus CSS Blog

Oil Price and Russia’s Economy

The coronavirus crisis has hit the Russian economy at one of the worst possible times. As this graphic illustrates, since 2014/15, it has been impacted by low oil prices and Western sanctions and has recorded only moderate growth rates over the past three years.

For more on how the coronavirus crisis is a strain on the Russian economy and constitutes a stress test for the popularity of the regime, read Jeronim Perović’s CSS Analysis in Security Policy here.

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Technology Economy Trade CSS Blog

World Intellectual Property Organization (WIPO) Global Innovation Index

As this graphic illustrates, since 2011 China has increased its investments in innovation to great effect. China’s tech industry now rivals its European counterparts, which puts pressure on European nations to engage in constant economic innovation in order to uphold Europe’s long-held comparative advantage.

For an insight into the implications of China’s Belt and Road Initiative (BRI) and targeted influence attempts in Europe, read Linda Maduz and Henrik Larsen’s Strategic Trends 2020 chapter here.