Each Regional Economic Update consists of two parts: an economic outlook, comprising two chapters, and country pages. In Part I, the first chapter describes the outlook for GDP growth, and then goes beyond GDP in a few important areas. The second chapter is more analytical and focuses on a special topic, which is highly relevant to the region. Part II of the Economic Update contains 26 two-page Macro Poverty Outlook reports for countries in the ECA region.
APRIL 2023 | Economic growth slowed sharply last year in Europe and Central Asia, as Russia's invasion of Ukraine, a surge in inflation, and the sharp tightening of monetary policy and financing conditions hit private consumption, investment, and trade.
OCTOBER 2022 | Globalization, demographic trends, the green transition, and technological innovations are transforming labor markets in Europe and Central Asia, altering their institutional and contractual arrangements, and creating disparities and vulnerabilities in the labor force.
MARCH 2021 | Part one of this report summarizes recent economic developments and presents the outlook for the Europe and Central Asia region. Part two focuses on the topics of data, digitalization, and governance, and provides policy recommendations for harnessing the data revolution to improve governance across the region.
OCTOBER 2020 | This update summarizes recent developments and presents the outlook for the region. The report also focuses on human capital, an area that requires serious attention given the severe impact of the pandemic on health and education.
APRIL 2019 | Inclusive financial sector development can play an important role in contributing to growth and reducing poverty by promoting people’s investment in their health, education, and businesses.
MAY 2018 |With growth in the region likely at its peak, this report addresses two major questions: How well is the region prepared for an expected slowdown? And how well has the economic upswing been used to adjust to the digital revolution?
OCTOBER 2017 |The report found that economic growth in the region was stronger than previously expected. At the same time, the region faces both opportunities and challenges with regard to new technologies, more flexible labor contracts, and migration.
APRIL 2016 |The report focused attention on the impact of China’s GDP slowdown and economic transformation, which opens up both challenges and long-term opportunities for economies of Europe and Central Asia.
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