This report looks beyond the current global financial crisis to the restoration of dynamic long-run growth in Serbia. The answer in this report is that Serbia will need to fundamentally alter its growth model to compete effectively in world markets. The past model relying on excessive inflows of...

Informality in Turkey, using various definitions, and despite the signs of a recent decline in certain segments of the economy, is widespread. The level of informality is not excessively high, however, taking into account Turkey's level of income. While firm non-registration is not very common,...

Kosovo's economic growth in the past decade has been solid, yet, with a gross domestic product (GDP) per capita of 1,760, the country remains one of the poorest in Europe. The end of the conflict, output was growing at double-digit rates, driven by the donor-funded reconstruction efforts. Since...

This report undertakes a comprehensive assessment of Ukraine's growth experience over the past decade. It shows how vulnerabilities were allowed to accumulate during the economic boom. And how growth, averaging seven percent annually between 2000 and 2008, was achieved without tackling Ukraine's...

Since 1998 Albania has experienced an important transformation that has lifted it into the ranks of upper middle income countries and has allowed a sharp reduction in poverty. Growth averaged more than 6 percent per year between 1998 and 2010, the best performance in Europe. This helped to...

Malawi needs to focus on exports to maintain and broaden its current inspiring levels of economic growth. The focus of future policy should therefore be on reforms that improve competitiveness in global and regional markets. This does not require a fundamental shift in direction, but instead a...

This report deals with medium and long-term growth issues rather than the challenges posed by the world financial crisis, the structural policy options presented in the report become even more important in that context, and can help to partially mitigate the impact of the crisis on Macedonia....

This report deals with medium and long-term growth issues rather than the challenges posed by the world financial crisis, the structural policy options presented in the report become even more important in that context, and can help to partially mitigate the impact of the crisis on Macedonia....

With favorable geographical location, macroeconomic stability, debt reduction, progress on structural reforms, and political stability, Benin will seem to have the foundations for a dynamic, diversified economy. Yet the country's economic structure has not evolved, remaining highly dependent on...

Malaysia is emerging from one of the worst export slumps in its economic history as manufacturing and exports have started growing again. With East Asia leading the recovery and advanced economies showing progressive improvement, the Malaysian economy is projected to grow at 4.1 percent in 2010,...