: :inin Kyiv (EET)

Avoiding the Middle-Income Trap

The EBRD’s 2017-18 Transition Report confirms what a many of us who cover the emerging European region have thought for some time: that the time has come to focus less on low cost and more on creating unique, high-value propositions and innovation.
The report focuses on the challenge of sustaining growth, with particular reference to the experiences of middle-income economies. The analysis in this year’s report builds on various existing country-level, industry-level and firm-level datasets, as well as unique data on upgrades to road infrastructure and the performance of EBRD-supported infrastructure and energy projects. The report also provides an overview of …read more

Source: Emerging Europe

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