Despite recent market volatility, we are upbeat about the growth prospects in Emerging Europe and its four largest economies – Russia, Turkey, Poland and Romania. Given the right policies, the Big Four could achieve sustainable GDP growth rates of between 6% and 8% per annum, with Turkey and Romania at the upper end and Russia and Poland at the lower. But diminishing appetite for reform means that growth in the region of 4% to 6% is more likely.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services