Like the East Germany's Trabant, the Ukrainian-made Zaporozhets was meant to be the people’s car, and as such it was the most affordable vehicle of the Soviet Union.In Western Ukraine, manufacturers from...
The political and security transition continues to take a heavy toll on Afghanistan’s economy. Economic growth is estimated to have fallen further to 2 percent in 2014 from 3.7 percent in 2013 and an average...
Economic growth slowed considerably to 3.6 percent (estimated) in 2013 despite robust agricultural production, as heightened uncertainty surrounding the political and security transition led to a slump...
Uncertainty surrounding the political and security transition in Afghanistan has led to a slowdown in economic growth in 2013, following strong growth in 2012. After a decade of strong fiscal performance...
Economic growth in Georgia was strong at 6.1 percent per year during 2004-12 as structural reforms and a favorable global economy led to large foreign direct investment (FDI) inflows and expansion in the...
Sustaining rapid economic growth for reduced poverty and shared prosperity over the next decade and beyond in Georgia is an important goal and a key challenge for the authorities. While the record of growth...
Economic growth has rebounded strongly in Georgia during 2010-12 and commendable fiscal consolidation has been implemented, although considerable medium-term macro-fiscal challenges remain. To meet the...
The analysis presented in this report assembles, for the first time, evidence from a variety of sources in the countries of Eastern Europe and the former Soviet Union to show that policy and institutional...
The analysis presented in this report assembles, for the first time, evidence from a variety of sources in the countries of Eastern Europe and the former Soviet Union to show that policy and institutional...
This paper asks whether new technological capacity for producing and exporting additional products provides incentives for greater capital accumulation, without being fully reflected in a higher rate of...