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3. Caucasus and Central Asia: Reforms Needed to Weather Shocks from Commodity Prices and Russia

3. Caucasus and Central Asia: Reforms Needed to Weather Shocks from Commodity Prices and Russia »

Source: Regional Economic Outlook, Middle East and Central Asia, October 2015

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781513528526

Keywords: environment, oil, oil prices, prices, exporters

A wave of large external shocks, particularly lower commodity prices and the slowdown in Russia, has weakened growth prospects and raised vulnerabilities in the region. Increases in public spend...