The only minimal rise in oil prices in 2017 – forecast to average US$ 43-53/bbl – will limit growth across the Commonwealth of Independent States (CIS) region.
The major energy exporters will continue to struggle because of their over-reliance on energy revenues to support growth, while non-commodity exporters will see growth rebound more strongly. Russia’s return to growth in 2017 will provide some assistance to regional growth as well, as export demand picks up and remittance flows stop contracting.
In light of prolonged low growth, multinational companies should continue to focus on customer segmentation, in order to manage extended weak customer purchasing power, while identifying pockets of opportunity in smaller markets with stronger growth potential to offset slower growth elsewhere in their portfolio.
What you will learn
What are the main drivers shaping the outlook for the Commonwealth of Independent States
How will the country-level outlooks for CIS markets like Ukraine, Kazakhstan, and Tajikistan evolve
Which scenarios and disruptors will have the greatest impact on the region