Azerbaijan and Uzbekistan the first of the CIS will be a crisis. Among the leaders to combat the financial crisis also includes Tajikistan and Belarus. Russian anti-crisis program was the most expensive and one of the most inefficient.
The crisis is everywhere, say experts, but in each country to show him the different indicators.
Now the worst macroeconomic indicators show the Ukraine, Moldova and Russia. Industrial production in these countries during the period from January to April 2009 fell by 31,9, 25,7 and 14,9% respectively. In Uzbekistan, and Azerbaijan all this time, increased GDP. During the first quarter, GDP grew by 9.9%, Azerbaijan - by 4.3%.
GDP growth is not a sign of a lack of crisis.
Despite the growth of individual indicators, the crisis is everywhere. In some countries, the crisis is that a slowdown in economic performance, and here the CIS countries are no exception.
The success of the CIS countries in addressing the crisis depends on the prospects for the Russian economy. Countries that have become self-sufficient, and maintain the momentum of growth in key macroeconomic indicators - GDP, industrial production, consumption - Uzbekistan and Azerbaijan, have all chances to get ahead of Russia on restoration. Among the leaders include Azerbaijan, Uzbekistan, Belarus, Tajikistan.
Most to combat the crisis spends Russia. Russian anti-crisis program, one of the most inefficient in the CIS. This is due partly to the fact that a plan to deal with the crisis came eight months after its onset. Most of the companies in time of crisis program. In Kazakhstan, it was introduced in January. In Tajikistan, the program was in the form of messages from the president, and in Uzbekistan, a book of President Islam Karimov on the crisis.
In Ukraine and Moldova in the approved program to combat the crisis is still there. Armenia, Kazakhstan, Uzbekistan and Belarus, including in his program of activities to support the demand, showed the best result for countering the crisis.
Wednesday, June 24, 2009
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