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Recent Russia research
|Russia-Saudi oil axis: Last hurrah in H2/17, Christopher Granville, James Henderson, 27 Apr 2017|
|Russia: Navalny trashes Medvedev - What it means, Christopher Granville, 29 Mar 2017|
|Russia: Geopolitical driver – negative turn, Christopher Granville, 15 Mar 2017|
|Russia: Jumbo tax reform, Christopher Granville, Madina Khrustaleva, 3 Mar 2017|
|Russia: More good news on the macro-policy front, Christopher Granville, Madina Khrustaleva, 8 Feb 2017|
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Capital flight episode draws to a close
Net capital outflows from Russia in the year since mid-2010 have totalled around US$70 billion. Capital flight on this scale has previously occurred only during full-blown financial crises, whereas the past 12 months have seen economic recovery. The political and monetary factors at work here are well known. But since the pace of outflows began to slow in May, now is a good time to re-examine those drivers and assess the implications of this possible inflexion point in the trend of...