This paper identifies policies to increase productivity in the East, reduce regional income disparities, and promote overall income convergence. Achieving this objective will require improving educational attainment and reducing skill mismatches in the East, scaling up public infrastructure to...

The NBRB has made substantial progress in improving its forecasting and policy analysis system (FPAS) and integrating it into monetary policy decision-making. The FPAS, and the model-based forecasts and policy analysis, is now well integrated into the policy-making process. Staff are well...

Opening remarks / Boštjan Jazbec, Giovanni Dell'Ariccia -- Panel 1, The coordination of monetary and fiscal policy principles and practical experience / chair: Nikolay Gueorguiev ; lead speaker: Steven Phillips ; panellists: Jan Smets, Lars Rohde, Dimitar Bogov, Nerses Yeritsyan -- Panel 2....