The Transition Report 2017-18 finds that many economies in the EBRD region appear to have become stuck in a "middle-income trap" and need a new growth model to create sustained economic growth in future.
The report focuses on three main areas that the new model should embrace: improving the productivity of individual firms, infrastructure investment, and an emphasis on green growth.
This latest annual analysis includes a macroeconomic overview of the region and of reforms during the past year.
See the online Transition Report, which also features 37 country assessments.
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