RaboResearch - Economic Research

Country Report

Serbia (Country Report)

Serbia’s economy is still weak as it posts twin deficits. The balance of payments position is weak as the continuously large current account deficits require debt financing. Even so, Serbia’s external position has improved since the nadir during the global financial crisis in 2008.

Country Report

Kazakhstan (Country Report)

Kazakhstan’s economy is recovering steadily and posted 7% growth in 2010. The main problems in the banking sector have been dealt with, but the sector remains a major weakness nonetheless.

Country Report

Azerbaijan (Country Report)

Azerbaijan has been affected much less by the global financial crisis than some other CIS countries, as it entered the crisis without a large credit bubble or high private external indebtedness.