12 November 2014 Macroeconomics

Quarterly Report

Practicing a crises slalom

This is an updated and condensed summary of our macro view for the 4Q of 2014 and 2015-16. Ukraine is practicing a crises slalom. In our view, the past 12 months saw acute political c ...

ICUQtlyReport-20141112.pdf  (1.3mb)

30 July 2014 Macroeconomics

Quarterly Report

Ukraine to Kremlin: Back off

This is our condensed summary of our macro view for the 2H of 2014 and 2015-16. De-facto war: Ukraine responds to Kremlin military assertiveness. Ukraine's public and its milit

ICUQtlyReport-20140730-print.pdf  (1.7mb)

16 April 2014 Macroeconomics

Quarterly Report

Ukraine: Global war by other means

Below is a summary of our macro view for 2014-15. (It is condensed to three pages in order to detail key information from the report.) Geopolitics: Ukraine as a brand-new epicentre of the

ICUQtlyReport-20140417-print.pdf  (2.2mb)

29 October 2013 Macroeconomics

Quarterly Report

Where are we headed from here?

This summary provides a brief outline of our view on Ukraine's macroeconomic state during the rest of 2013 and from 2014-16. Ukraine's geopolitical puzzle: Adding the missing parts. Uk

ICUQtlyReport-20131029-print.pdf  (3.4mb)

14 August 2013 Macroeconomics

Quarterly Report

Muddling through no more

ICU's macroeconomic view on Ukraine in the forecast period of 2H13 and 2014-15 is summarised below. Ukraine's economy tired, nearly exhausted, and cornered. To paraphrase sports commen

ICUQtlyReport-20130814-print.pdf  (2.8mb)

31 January 2013 Macroeconomics

Quarterly Report

Keep the music playing

ICU's macroeconomic view on Ukraine in the forecasted three-year period of 2013-15 is summarised in the following viewpoints: Cornered, and with limited room for manoeuvre. Ukraine fin

ICUQtlyReport-20130131-print.pdf  (3.3mb)

24 July 2012 Macroeconomics

Quarterly Report

Stretched, but holding up

Global economy conditions and outlook revised downward. The global economy has still been adjusting after the economic and financial crisis of 2007-08 sent it reeling. While post-crisis adjustm

ICUQtlyReport-20120724.pdf  (1.8mb)

10 April 2012 Macroeconomics

Quarterly Report

Pinned again?

Eventually, a slower pace of economic growth will be taking place in 2012, as the global economic slowdown materialises. Our base-case scenario envisages 2% YoY growth in both quarters of the 1H12, th

ICUQtlyReport-20120410.pdf  (5.2mb)