The policy reforms since 1983 have reduced the fiscal deficit and inflation, helped improve infrastructure services, and shifted relative prices and incentives towards the tradable sector, in general, and towards exports, in particular. The key element of fiscal consolidation up to 1991 was the...

"....a most interesting report. I have read it with considerable interest, and have learned a lot. It tells a clear story, and it contains a lot of interesting material."- Anthony Atkinson, Professor Nuffield CollegeOxford University, United Kingdom "The key conclusion of the report is that...

While the countries of Eastern Europe and the Former Soviet Union have made significant progress in reducing poverty in the past five years, poverty and vulnerability remain significant problems. More than 60 million are poor and more than 150 million are vulnerable. Growth, Poverty, and...