The Falling Oil Prices – Implications for Russian Economy

ISDP FORUM with Dr. Torbjörn Becker

Director of the Stockholm Institute of Transition Economics

Wednesday, June 10, 15.00-16.30


Falling oil prices deeply affect oil-producing countries in Russia, Central Asia and the Caucasus. In addition, sanctions against Russia impact these countries directly or indirectly. Also, Russia’s economic crisis has reduced remittances sent home to Central Asia and the Caucasus by laborers working in Russia. Taken together, these factors create new economic and political dynamics in the region.

This ISDP Forum will discuss these new dynamics and their short- and long-term implications for the countries of Central Asia and Caucasus.

Ph.D.Torbjörn Becker has been Director of the Stockholm Institute of Transition Economics (SITE) at the Stockholm School of Economics since August 2006. Prior to this he worked at the International Monetary Fund (IMF) for nine years where he became interested in international financial architecture issues, how countries can protect themselves against adverse shocks and what role IFIs could have in preventing and resolving crises. More generally, his work covers macroeconomics, international economics, financial markets, debt management, fiscal policy and development issues.

Location: ISDP, Västra Finnbodavägen 2, Stockholm-Nacka. For a map and directions, please go here.

To attend: RSVP to Ms. Lisa Bäckman at