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Global Outlook
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Outlook for Russian and Baltic economies
Mon, Apr 27 2009, 12:34 GMT
by Lars Rasmussen, Violeta Klyviene
Heading for deep recessions
Agenda
- Russia: Labour market conditions worsen, which jeopardises recovery
- Very weak economic performance in Q1 09 dampens outlook for rest of the year
- The slowdown is broad based with serious implications for the labour market
- Corporate sector debt roll-over is a concern for financial stability
Baltics: Painful adjustment under way
- The downturn steepened, and the 2009 outlook is pessimistic
- Unemployment has risen and the employment situation is likely to deteriorate further due to weakening output
- On a positive note, price pressure is abating and external imbalances are shrinking
Published on Mon, Apr 27 2009, 12:40 GMT
Archive
- Emerging Markets Outlook - The tail wagging the dog
Published On Fri, Sep 25 2009, 07:19 GMT - Japan Outlook - A little help from my friends
Published On Thu, Sep 24 2009, 07:07 GMT - Euroland Outlook - Ascending to the surface
Published On Wed, Sep 23 2009, 07:42 GMT - US Outlook - Out of the woods
Published On Wed, Sep 23 2009, 07:36 GMT - Outlook for Russian and Baltic economies
Published On Mon, Apr 27 2009, 12:34 GMT
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