1 Introduction
According to the IMF (International Monetary Fund), the weakening of the global economy from the previously forecast 3.5 % for 2012 to 3.3 % as outlined in the World Economic Outlook (WEO Oct. 2012) is also affecting the member countries of the Commonwealth of Independent States (CIS). Accordingly, the gross domestic product (GDP) in the CIS countries looks set to decline in 2012 from an average of 4.2 % to a predicted 4.0 %. For 2013 and 2017 the projections remain practically unchanged at 4.1 % for each year. Fig. 1 shows the GDP development for the three most important...
TEXT Dr. Joachim Harder, OneStone Consulting Group GmbH, Buxtehude/Germany