Creating more innovative and dynamic economies is one of the fundamental challenges facing both advanced and emerging market economies. An important ingredient of this involves the creation of entrepreneurial firms which can quickly translate creative ideas and scientific discoveries into viable...

This essay discusses the challenges in financing economic development in the eastern European and CIS economies. The advantages and pitfalls of extensively relying external capital are explored.

The paper analyzes the trade flows of the CIS countries with an emphasis on manufactured goods. An abstract in Russian is also provided. Manufactured exports were particularly hard hit by the breakup of the Soviet Union and the CMEA. The study examines trends in the volume of this trade and its...

This report was prepared as an input into the addendum of the Report of the U.N. Secretary-General on Financing for Development for the 2007 General Assembly High Level Review of the Monterrey Consensus. It evaluates the progress that has been made in the transition economies in terms of...

Many of the emerging market economies in Europe are presently running current account deficits which are quite high relative to any global or historical standard and are fundamentally unsustainable. This includes the three poorer European Union (EU) members of the old Europe (Greece, Portugal,...

This paper provides an assessment of the economic situation and outlook for Europe, North America and the CIS economies as of mid-2007.

The Pan-European Region made significant progress from 1995 to 2007 in improving the economic, social, environmental and health indicators incorporated into the Millennium Development Goals (MDGs). However, given the huge set-backs associated with the transition recession in the early 1990s and...

This paper describes how the global financial crisis of 2007-2010 impacted trade both globally and more specifically for the European emerging economies, which in terms of GDP decline, were the most negatively impacted economies in the world. Just as with GDP, the trade of the European emerging...

The economic and financial crisis of 2007-2009 had a serious impact on the larger European region. For western Europe this was the deepest economic downturn since the Second World War. Given the well-developed safety nets for this region the immediate impact on health is likely to be minor....

Corruption is a significant factor which determines the quality of the “doing business” environment at large. The aim of this paper is to contribute to our understanding of entrepreneurs’ corrupt behavior by looking at two questions: (1) does gender matter in corrupt behavior and (2) can...