Series: Spillover Notes
Author(s): Ara Stepanyan , Agustin Roitman , Gohar Minasyan , Dragana Ostojic , and Natan Epstein
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 September 2016
Keywords: Economic growth, Europe, External shocks, Armenia, Azerbaijan, Middle East, Regional shocks, Moldova, Inflation, Russian Federation
In the face of sharply lower oil prices and geopolitical tensions and sanctions, economic activity in Russia decelerated in late 2014, resulting in negative spillovers on Commonwealth of Independent States (CIS) a...