In developing economies, banks dominate the financial sector, unlike in advanced economies where the financial sector is more diversified. In almost 60 per cent of banks...
Tag - World Bank
With the right mix of policy, innovation, and investment, Slovakia has the potential to not just maintain its current status but to rise as a leading economy in Central...
In order for Tajikistan to ensure sustainable development, it needs to implement structural reforms focused on enhancing economic openness and competitive neutrality...
Croatia boasts a diverse economy, with key sectors including tourism, manufacturing, agriculture, and energy. Growth in 2024 is expected to be amongst the highest of all...
Catch up quickly with the stories from Central and Eastern Europe that matter, this week led by news of a major blow to Ukraine’s NATO ambitions. Russia’s...
Lower transaction costs can lead to a virtuous cycle of increased trade volumes, better cash flow for businesses, and a surge in foreign direct investment. In an era...
Central to Kosovo’s economic future is its ongoing dispute with Serbia, which restricts access to international markets and impedes foreign investment, crucial for its...
Landlocked Tajikistan recently featured prominently in two key reports—one highlighting its stellar growth and another naming it as one of the least democratic countries...
Tajikistan, at 6.5 per cent, is forecast to see the highest GDP growth rate of any of the emerging and developing economies of Europe and Central Asia in 2024. Economic...
Bosnia and Herzegovina’s cumulative real GDP growth lags behind that of its regional peers, and living standards are at about one-third of the EU average. Bosnia...
Fossil fuels have long powered Central Asia’s economies but have also made the region vulnerable to price fluctuations and pollution. Can abundant renewable...
Technology increases productivity. But it also brings about other consequences: it creates, removes and modifies the tasks that are supposed to be performed. This...