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Difficult times ahead for the Belarus economy

28 May 2021
Policy brief: The Belarus economy was already struggling to generate growth before both the corona pandemic and the political protests following the August presidential election. The lack of growth was the result of an incomplete transition process to modernize the economy combined with a strong reliance on the Russian economy and its dependence on international commodity prices that have not paid off in recent years. With the added political turmoil and, so far, lack of a new political and economic strategy, the economic outlook for Belarus looks grim. Even if a full-blown crisis may be avoided by restrictive economic policies, stagnation will nevertheless be the most likely outcome without fundamental reforms.

Does the Russian stock market care about Navalny?

20 April 2021
Policy brief: Alexei Navalny is the most prominent opposition leader in Russia today. During 2020, he entered not only the domestic Russian news flows, but was a major news story around the world following his horrific Novichok poisoning in August. This brief investigates the response in the Russian stock market to news about Navalny.

Understanding Russia’s GDP numbers in the COVID-19 crisis

11 March 2021
Policy brief: Russia’s real GDP fell by a modest 3 percent in 2020. The question addressed here is how a major oil-exporting country can go through the COVID-19 pandemic with a decline of this magnitude when oil prices fell by 35 percent at the same time as the domestic economy suffered from lock-downs. The short answer is that it is mainly a statistical mirage. Read the policy brief to learn more!

New research: what determines innovation performance at the micro-foundations level?

22 January 2021
New research on innovation suggests that employees that are curious about mastering their workplace, and that desire to work more effectively, will have a higher ability to find useful information in the global marketplace and commercialize it.

Highlights from Development Day 2020: The impact of the COVID-19 pandemic in Eastern Europe

21 December 2020
After having been relatively mildly affected in the first wave, Eastern Europe is currently in the midst of the second wave of the COVID-19 pandemic with much higher levels of infected and dead compared to the spring. This health crisis not only has economic consequences, but also has contributed to political instability in parts of the region. Learn more on the presentations and discussions held at the SITE Development Day conference 2020!

Torbjörn Becker in SVT Aktuellt

04 June 2020
Every week, the Swedish state pumps billions in support, grants and investments to keep Sweden in the roll. How can Sweden - which for many years saved money to reduce the central government debt - now offer a gigantic bill of money? Where does all this money come from? Torbjörn Becker explains in the latest episode of SVT Aktuellt.

Russia Economic Update — Brace for the Covid-19 Impact

07 April 2020
Russia’s oil dependence will once again contribute to an economic downturn that most certainly will follow the Covid-19 outbreak in Russia as in other countries. The decline in oil prices alone could lead to a drop in GDP of more than 8 percent. Will Russia face difficult trade-offs in dealing with the crisis at a time?

What has happened to the Russian economy since 2000?

05 March 2020
Although significant growth has been achieved since 2000, all of this came in the first two tenures of Putin in the Kremlin during the increasing oil prices. But is Russia still a hostage to the whims of international oil market?

Highlights from SITE's Academic Conference 2019

15 January 2020
On December 16-17, 2019, the Stockholm Institute of Transition Economics hosted the annual Academic Conference at the Stockholm School of Economics that brought together researchers and scholars in economics and political science from all over Europe and North America contributing to a better understanding of the political economy of Eastern Europe.

Russia’s macroeconomy — a closer look at growth, investment, and uncertainty

28 June 2019
Working paper: This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president Putin.