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Latest Publications

CASE Network Studies and Analyses No. 408:
Knowledge-based Entreprenuership in Poland    

CASE Network Studies and Analyses No. 409:
Knowledge-based entreprenuership in Romania

CASE Network Studies and Analyses No. 407:
Knowledge-based entreprenuership in Estonia

CASE Network Studies and Analyses No. 405:
The Customs Union between Belarus, Kazakhstan and Russia: and Overview of Economic Implicaitons for Belarus 

CASE Network Studies and Analyses No. 403:
Global Food Price Shock and the Poor in Egypt and Ukraine

CASE Network E-brief No. 10/2010:
After the Orange Era: Economic Prospects in Ukraine

CASE Network Studies and Analyses No. 402:
Does the Crisis Experience Call for a New Paradigm in Monetary Policy?

CASE Network Report No. 93:
Modeling Economic, Social and Environmental Implications of a Free Trade Agreement Between the European Union and the Russian Federation

CASE Network E-brief 9/2010:
Euro Crisis or Debt Crisis?  

Polish Economic Outlook:
PEO 1/2010   

CASE Network E-brief 8/2010:Is Inflation a Global Threat?

CASE Network E-brief 7/2010:
Prospects for Future Euro‐Mediterranean Trade

CASE Network E-brief 6/2010:
Oil Money vs. Economic Crisis: The Case of Azerbaijan 

CASE Network Report No. 92:
Challenges and Trajectories of Fiscal Policy and PFM Reform in CEE/CIS 

CASE Network Studies and Analyses No. 401:
Mergers and Acquisitions - The Standing of theory in the Quest for Better Institutions and Policy   

CASE Network Report 91:Pension Reform Options for Russia and Ukraine: A Critical Analysis of Available Options and Their Expected Outcomes

Polish Economic Outlook
4/2009 report

CASE Network E-Brief 05/2010Social security, Labour Market and Restructuring – Russia and Ukraine

CASE Network E-Brief 04/2009Challenges of Post-Crisis Economic Policy in Russia

CASE Network E-Brief 03/2010: The price of delay: the future of Russian and Ukrainian pension systems

CASE Network E-Brief 02/2010:
Tax wedge, labor market and the shadow economy

CASE Networks Studies and Analyses No. 400:
Energy Security in the EU and Beyond   

CASE Network Studies and Analyses No. 399:
Agriculture Income Assessment for the Purpose of Social Assistance: the Case of Ukraine    

CASE Network E-briefs No. 01/2010:
The global recession and energy markets

CASE Network Report No. 90:
Social Security, Labour Market and Restructuring: Current Situation and Expected Outcomes of Reforms

CASE Network E-briefs 12/2009:
From fiscal stimulus to fiscal crisis

CASE Network Studies and Analyses No. 398:
Social Security Driven Tax Wedge and Its Effects On Employment and Shadow Employment

CASE Network Studies and Analyses No. 397:
Restructuring and Social Safety Nets in Russia and Ukraine - Socail Security Influence on Labor Mobility: Possible Opportunities and Challenges

CASE Network Report No. 89:
Economic Integration in the Euro-Mediterranean Region

CASE Network Studies and Analyses No. 396:
Energy security, poverty and vulnerability in Central Asia and the wider European neighborhood

CASE Network Studies and Analyses No. 395:
The East European financial crisis

CASE Network E-briefs No.11/2009:
No, the central banks didn't do it

CASE Network Reports
No. 88

Deep Integrations with the EU and its Likely Impact on Selected ENP countries and Russia

PEO 3/2009
Large Fiscal Deficit in Poland - curse #1

CASE Network Studies and Analyses No. 394
Differentiation of Innovation Behavior of Manufacturing Firms in the New Member States. Cluster Analysis on Firm-Level Data




e-Newsletter



Last update
2010-08-23


News

How to improve the investment climate in the CIS? (2009-02-24)

These improvements are now taking on a more imperative character given the recent turmoil in the financial and credit markets along with a general deterioration in the global investment climate.  The economies of the Commonwealth of Independent States (CIS) are not shielded against external shocks and an abrupt withdrawal of capital as some emerging markets are currently experiencing may have severe consequences.  This was also demonstrated during the second half of 2008 in Russia, Ukraine and Kazakhstan. 

CASE Network E-brief 02/2009

Alina Kudina

“Institutional investors notice positive developments in the CIS and tend to react to them” argues Alina Kudina. “If positive economic developments in the CIS are accompanied by bold action, including reform of the domestic financial sector, further integration within the region and global economy, and strengthening of legal, political, and regulatory institutions, an upsurge in portfolio flows and FDI into the region is sure to be expected” she continues. 

Based on a survey of 120 foreign-owned companies in Ukraine, Moldova, Kyrgyzstan and Georgia, the most urgent problems faced by foreign investors in the CIS relate to the volatility of the political environment, growing economic uncertainty, ambiguity of the legal system, and high levels of corruption.

Addressing those challenges, among others, sooner rather than later, will help them secure a greater chance of more diverse and longer-term investment in the future.

This e-brief is based on the results of two studies conducted as part of ENEPO – EU Eastern Neighbourhood: Economic Potential and Future Development, a project funded by the Sixth EU Research Framework Programme.  The full reports on determinants of portfolio flows into the CIS and on motives and impediments to foreign direct investment (FDI) are published in CASE Network Studies and Analyses series No.354 and No.370.

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