Analysts by first name - Deutsche Bank Research

Maria Arakelyan

June 26, 2015

CEE corporate bonds: Untapped potential but challenges remain

Analyst:

Central & Eastern Europe (CEE) increased sharply in the decade up to 2013, prior to a significant decline in 2014 and Q1 2015 against the backdrop of the Russia crisis. In terms of size the market is small in an international comparison, and concentration in certain countries and sectors is large. Macro stability and adequate legal rights are important factors for market development, and a large and diversified source of demand is a key ingredient. Pension system counter-reforms in CEE may be counterproductive in this respect. [more]

July 16, 2013

CIS frontier countries: Economic and political prospects

Region:

Topic:

Analyst:

Frontier CIS economies have grown at a robust rate of 8% yoy on average since the turn of the century. Growth prospects for 2013-14 remain fairly positive at around 5% p.a., with stronger growth expected in the Central Asian CIS economies. Trade links with Russia have diminished significantly, although they remain substantial. China and emerging Asia are becoming increasingly important trade partners for the region. Some of the countries have been implementing structural reforms, but much needs to be done to strengthen institutional and policy frameworks, develop financial markets, diversify away from commodities and improve the business climate and governance more generally. [more]