Caucasus Business Forecast Report

Published: 29 Jul 2010 Quarterly   

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The Caucasus Business Forecast Report provides essential macroeconomic, political and financial analysis for companies doing business in Armenia, Azerbaijan and Georgia.

  • Includes 3 quarterly updates

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Report Description

The Caucasus Business Forecast Report helps businesses with Armenian, Azerbaijani & Georgian market assessment, strategic planning and decision making to promote growth and profitability in Caucasus and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

This report covers Armenia, Azerbaijan and Georgia.

An influential new analysis of Caucasus's political, economic and financial prospects through end-2014, just published by award-winning forecasters, Business Monitor International.

Key Uses

  • Forecast the pace and stability of Caucasus's economic and industry growth through end-2014
  • Identify and evaluate adverse political and economic trends in Caucasus, to facilitate risk mitigation
  • Assess the critical shortcomings of Caucasus's business environment that pose hidden barriers and costs to corporate profitability
  • Contextualise Caucasus's country risks against regional peers using BMI's country comparative risk ratings system
  • Target business opportunities in Caucasus's high-growth industry sectors
  • Evaluate external threats to doing business in Caucasus, including currency volatility, the commodity price boom and protectionist policies

The Caucasus Business Forecast Report by Business Monitor International (BMI) includes three major sections: Caucasus's Political Outlook, Caucasus's Economic Outlook, and Caucasus's Business Environment.

Caucasus's Political Outlook:

What are the political risks to doing business in Caucasus over the next 5-years?

BMI's Caucasus Country Risk Ratings evaluate the short- and medium-term threats posed by government instability, adverse economic policy-making, deterioration in the business environment and external shocks.

Caucasus Political Outlook Contents

  • SWOT Analysis for the Armenian, Azerbaijani & Georgian Market
    Political strengths, weaknesses, opportunities and threats facing Caucasus.
  • Political Stability and Risk Assessment for Caucasus
    BMI's Risk Ratings assess explicit short and long-term risks to political stability; latest ratings, rankings and trends for Caucasus's risk are compared with regional and global averages.
  • Current Administration and Policy-making in Caucasus
    BMI profiles key policy-makers and power-brokers in the Armenian, Azerbaijani & Georgian government, assessing threats to the continuity of Armenian, Azerbaijani & Georgian economic policy, and likely changes to the business operating environment through end-2018.
  • Armenian, Azerbaijani & Georgian Foreign Policy
    BMI examines key trends and shifts in Caucasus's foreign relations and alignments with regional neighbours, the United States and Europe, focusing on external influences.

Key Benefits

  • Benchmark Caucasus's risk profile against its neighbours, the global and regional average, allowing easy comparison of risks between key business markets.
  • Identify, evaluate and anticipate political and security risks to the business environment in Caucasus, and to your company's current operations and future plans.
  • Gain valuable insights into the Armenian, Azerbaijani & Georgian government and policy-making, through BMI's specialist team of analysts and economists, and their exclusive network of private and public sector sources.

Caucasus's Economic Outlook:

How will Armenian, Azerbaijani & Georgian economic policy-making and performance impact on corporate profitability over 2009-2014?

BMI provides our fully independent 5-year forecasts for Caucasus through end-2014 for more than 35 macroeconomic variables. We evaluate Armenian, Azerbaijani & Georgian growth, and also forecast the impact of economic management, including central bank policy, on profitability.

Caucasus Economic Outlook Contents

The Caucasus Business Forecast Report features explicit BMI economic forecasts for country, with supporting commentary and analysis, for end-2010, 2011, 2012, 2013 and 2014 set against Armenian, Azerbaijani & Georgian government views. Underpinning our Caucasus forecasts are key assumptions for the global economy through end-2014, covering growth, inflation, employment, trade and investment, interest and exchange rates in the US, Japan and the Euro-zone.

Coverage of Key Economic Issues in Caucasus

  • Economic Activity in Caucasus
    Real GDP growth; industrial growth; employment growth; inflation and consumer prices; consumption (indicative wages, retail sales, consumer confidence)
  • Fiscal Policy in Caucasus
    Current macroeconomic strategy and implementation policies; government finance (revenue, expenditure, budget balance); tax reforms
  • Monetary Policy in Caucasus
    Interest rate trends (bank lending and deposit rates); inflation (retail price inflation, consumer price inflation); exchange rate policy in country; currency controls; influence of foreign direct investment inflows; exchange rates and foreign exchange reserves
  • Balance of Payments in Caucasus
    Merchandise trade (exports, imports, trade balance); current and capital account balances
  • Foreign Direct Investment in Caucasus
    Foreign direct investment approvals and inflows; the foreign investment climate
  • Armenian, Azerbaijani & Georgian External Debt
    Debt profile (short- and long-term debt; public and private sector exposure)

Key Benefits

  • Rely upon BMI's 100% independent Forecast Scenarios for Caucasus and underlying assumptions - we take no advertising and are privately-owned.
  • Exploit the benefits of BMI's comprehensive and reliable macroeconomic database on Caucasus, sourced and fully maintained by BMI from an extensive network of private sector, government and multilateral contacts.
  • Gain key insights into the current and future direction of Armenian, Azerbaijani & Georgian government economic policy

Caucasus's Business Environment:

Caucasus's Business Environment Risk Rating with SWOT Analysis

Short- and long-term business environment risk ratings for Caucasus, benchmarked against ratings for regional neighbours.

Country Competitiveness for Caucasus
Competitiveness of Caucasus's business operating environment in supporting corporate growth and profitability over the 5-year forecast horizon, compared with regional neighbours.

Caucasus Business Environment Contents

  • Caucasus's Domestic Environment.
    Transparency, cronyism and corruption; labour market flexibility; corporate tax burden; interest rate levels; access of private sector to lines of credit; sophistication of banking sector and stock market; levels of business confidence; infrastructure and IT
  • Foreign Direct Investment in Caucasus
    Analysis of foreign investment regime, foreign ownership laws; attractiveness of business environment to foreign investors; review of major foreign direct investments over the last 24 months, and of strategic sectors attracting most interest
  • Foreign Trade with Caucasus
    Analysis of trading environment, government trade policy, liberalisation measures, tariffs and membership of trade areas

Read about our other Country Forecast Reports

Business Monitor International
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BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world.