Quarterly review

The Quarterly Macroeconomic Review analyzes economic trends and problems, as well as providing forecasts for the economic development of EDB member states.

The Quarterly Macroeconomic Review concentrates on the economic issues faced by the EDB member states, including special reports.

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Year:
  • November 2017. HEADING FOR LOW DOLLARIZATION
    The global background for the economic recovery of EDB member states has improved this year, in many ways due to rising oil prices and an improved economic growth outlook in the major centers of the global economy. Against the backdrop of improving regional trends in economic growth and mutual trade, we have revised our GDP growth forecasts for the EDB member states in 2017-2019. 07 December 2017
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  • August 2017. EDB COUNTRIES: ECONOMIC OUTLOOK IMPROVES
    The recovery in global commodity prices as well as the weakening currency imbalances had a positive effect on EDB countries' foreign trade flows. Whereas 1Q 2016 saw falling exports of goods and services in all EDB countries except Armenia, positive growth in exports was demonstrated by all EDB countries this year. Remittances coming off the back of revived economic activity in Russia contributed to improving the current account in Armenia, Kyr... 24 August 2017
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  • May 2017. RECOVERY IN TRADE BETWEEN THE EDB COUNTRIES
    The stabilisation of commodity prices and the resultant stabilisation of national currencies in most EDB countries in 1Q 2017 create a favourable basis for a recovery in trade in the EDB region. Suffice it to note that all EDB countries showed growth in mutual trade turnover in 1Q of the year; notably, the highest turnover growth rates were observed in Kazakhstan (nearly 41% y-o-y) and the Russian Federation (33.7% y-o-y). The considerable gr... 13 May 2017
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  • January 2017. EDB COUNTRIES: TARGETING LOWER INFLATION
    The beginning of the last year proved to be challenging for the EBD Member States: with oil prices plummeting, both financial markets and exchange rates were highly volatile. Nevertheless, as of the year’s end, the countries of the region saw exchange rates stabilize, and, in a number of cases, their national currencies strengthened considerably. Similarly, inflation in the EBD countries reached its historic minimum of 5.8% at the end of 2016... 17 January 2017
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