CIS

I recently wrote an article exploring the Gross Domestic Product (GDP) of the Commonwealth of Independent States (CIS), Baltic states, and Georgia in 2012. Now, I'm turning my gaze to the future and examining what the economies of the former Soviet Union republics may look like in 2018. Why 2018? I'm relying on IMF forecasts, and as of now, the closest future projections available from the IMF extend until 2018. As per the data provided by the IMF, in 2018, the largest economy in the CIS,…

The collapse of the Soviet Union in 1991 marked the end of a massive political and economic entity, leading to the creation of several independent states. The Commonwealth of Independent States (CIS), Baltic states, and Georgia are some of the countries that emerged from the Soviet Union's ashes. But what happened to these countries after the collapse and what has become of their economies in the present day? First, let's take a look at the economy of the former Soviet Union countries as a…

<p>Recently I have compared economies of <a href="http://reinisfischer.com/armenia-then-now-future">Armenia</a&gt;, <a href="http://reinisfischer.com/georgia-then-now-future">Georgia</a&gt;, <a href="http://reinisfischer.com/turkmenistan-gdp-1990-2014">Turkmenistan</a&gt;, <a href="http://reinisfischer.com/ukraines-gdp-growth-1990-2012">Ukraine</a&gt;, as well made some sarcastic post concerning…

Turkmenistan is a country that has managed to defy the odds and experience steady economic growth, even during the global financial crisis of 2009. The country is renowned for having the fourth largest natural gas reserves in the world and is a member of the Commonwealth of Independent States (CIS). According to data from the International Monetary Fund (IMF), Turkmenistan’s economy is projected to grow by 12.4% in 2013 and 10.4% in 2014. This growth is not limited to Turkmenistan as…