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ECONOMIC UPDATE

With growth having peaked, is the region prepared for an expected slowdown, and has it adjusted to the digital revolution?

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Western Balkans

Economic growth in the Western Balkans slowed in 2017, despite the creation of 190,000 jobs in the first nine months of 2017.

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Innovations in ECA

When talking about innovation, the region faces challenges that lie somewhere between a horse cart and an autonomous car...

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Europe & Central Asia in Figures

Cryptocurrency mining has a major impact on electricity consumption. In Georgia, mining is surprisingly widespread, thanks to tax exemptions and low electricity prices, but intensive mining has turned Georgia from a net exporter to a net importer of electricity. Indeed, Georgia has had the fastest-growing electricity consumption per capita in all of ECA since 2009.

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Hans Timmer

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1818 H Street NW
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eca@worldbank.org
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