Balabanyan, Ani; Vrenezi, Edon; Pierce, Lauren; … - Economics Research, World Bank Group
Before the onset of the global financial crisis in late 2008, countries in Eastern Europe and Central Asia (ECA) experienced strong economic growth. Demand for electricity increased steadily with gross domestic product (GDP). GDP grew, on average, 6.5 percent between 2000 and 2007, and...