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Book
ISBN: 1283224143 9786613224149 9264113037 9264113029 Year: 2011 Publisher: Paris : OECD Publishing,
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The economic crisis, the second economic shock to hit the Eastern Europe and the South Caucasus region after the collapse of the Soviet Union, has been a warning and a call to action. The region has many advantages and much potential, but some of this was squandered during the boom years of the 2000s. The studies contained in this volume demonstrate that the potential is still there and that the measures that need to be taken to realise that potential are feasible and affordable. Some of them can have an almost immediate effect, such as easing access to finance for small and medium-sized enterprises and opening up new markets for the region’s goods. Others are more medium-term, such as redeveloping product lines in the steel industry or in agriculture. Some of the most critical reforms, like raising the level of education and improving health care, will require political and economic investment over the long term. None of the recommendations in this book are, however, beyond the bounds of possibility. Governments and the private sector have an interest in implementing reforms to diversify the economy and improve the distribution of revenues. Given the enormous potential of the Eastern European and South Caucasus countries, the region has every reason to be confident about its future.
Caucasus, South -- Economic conditions. --- Economic development -- Caucasus, South. --- Economic development -- Europe, Eastern. --- Europe, Eastern -- Economic conditions -- 1989-. --- Economic development --- Business & Economics --- Economic History --- Europe, Eastern --- Caucasus, South --- Economic policy --- Economic conditions --- Economic policy. --- Economic conditions. --- Development, Economic --- Economic growth --- Growth, Economic --- Haravayin Kovkaz --- I︠U︡zhnyĭ Kavkaz --- Samxretʻ Kavkasia --- South Caucasus --- Transcaucasia --- Transcaucasus --- Zakavkazʹe --- Zakavkazʹye --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse
Book
ISBN: 1283364220 9786613364227 9264112324 9264112316 Year: 2011 Publisher: Paris : OECD Publishing,
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With a total population of over 75 million people and a strategic location between wealthy trading partners, with Russia to the east and a vast market of EU citizens to the west, the Eastern Europe and South Caucasus (EESC) region is attractive as a destination for investment and trade. It is endowed with significant human and resources ranging from the black soil in Ukraine that produces some of the best wheat in the world, to energy reserves in Azerbaijan and unexplored water resources in several countries. However, in spite of recent growth – an average of almost 8% of GDP during 1998-2008 – the region’s productivity levels remain 77% below the world average. The OECD Eastern Europe and South Caucasus Competitiveness Outlook examines the key policies that would increase competitiveness in the countries of the region through developing human capital, improving access to finance for SMEs and creating more and better investment opportunities.
Asia, Central -- Economic policy -- 1991-. --- Competition -- Asia, Central. --- Investments, Foreign -- Asia, Central. --- Investments, Foreign --- Competition --- Finance --- Business & Economics --- Investment & Speculation --- Government policy --- Europe, Eastern --- Caucasus, South --- Economic policy --- Economic policy. --- Competition (Economics) --- Competitiveness (Economics) --- Economic competition --- Capital exports --- Capital imports --- FDI (Foreign direct investment) --- Foreign direct investment --- Foreign investment --- Foreign investments --- International investment --- Offshore investments --- Outward investments --- Economic aspects --- Haravayin Kovkaz --- I︠U︡zhnyĭ Kavkaz --- Samxretʻ Kavkasia --- South Caucasus --- Transcaucasia --- Transcaucasus --- Zakavkazʹe --- Zakavkazʹye --- Commerce --- Conglomerate corporations --- Covenants not to compete --- Industrial concentration --- Monopolies --- Open price system --- Supply and demand --- Trusts, Industrial --- Capital movements --- Investments
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