The transition region’s banks have lost significant external funding (see Chapter 2).
Foreign bank entry has not led to a sharp reduction in small business lending (see Chapter 3).
Russia achieved an upgrade in the water and wastewater sectors (see Chapter 1).
The SEMED region is described as being in “mid-transition”
(see Chapter 1).
In the infrastructure category, Poland’s urban transport sector attracts a 4- rating (Chapter 1).
Regional integration can act as a springboard for exports (Chapter 4).
Many transition countries may go into a second dip of the crisis, with uncertain prospects of recovery (Chapter 2).
This Transition Report includes, for the first time, a detailed assessment of transition progress and challenges in the four countries of the southern and eastern Mediterranean (SEMED) region: Egypt, Jordan, Morocco and Tunisia
This Transition Report includes, for the first time, a detailed assessment of transition progress and challenges in the four countries of the southern and eastern Mediterranean (SEMED) region: Egypt, Jordan, Morocco and Tunisia
This Transition Report includes, for the first time, a detailed assessment of transition progress and challenges in the four countries of the southern and eastern Mediterranean (SEMED) region: Egypt, Jordan, Morocco and Tunisia
In many transition countries labour markets
never fully recovered from the 2008-09 crisis.
Now they are likely to face further strains in the face
of eurozone developments
How the region will
evolve in 2013 will depend
largely on the policy
response, both inside the
region and particularly
outside (Chapter 3).
Higher-value-added
goods that are initially
exported within the customs
union can subsequently
be exported elsewhere
(Chapter 4).
In Mongolia, which
held elections in June 2012,
annual unconditional cash
transfers to the population,
to the tune of 7 per cent of
GDP, added substantially
to government spending
(Chapter 2).
The majority of
transition economies are
exposed to financial market
volatility (Chapter 2).
The SEMED countries
have significant challenges
in the energy sector, that are
most comparable to those
in Central Asia and eastern
Europe (Chapter 1).
Countries
further east enjoyed strong
nominal export growth until
mid 2012, before a dip in
oil prices and the widening
global slow-down led to a
reversal (Chapter 2).
As net
importers of food, all SEMED
countries are vulnerable
to the volatility of global
prices for commodities
such as grain, on which
they are highly dependent
(Chapter 1).
According to the
transition scores, the
SEMED region’s level of
infrastructure development
is most comparable to that
of the countries of eastern
Europe and the Caucasus
(Chapter 1).
Trade balances have
largely improved, except in
the SEMED region where
rising imports and weak
export performance have
led to widening deficits
(Chapter 2).
As Russian growth
decelerated and its imports
declined in the second
quarter of 2012, countries
in Central Asia and the EEC
region experienced a drop in
exports (Chapter 2).
Despite the crisis,
both remittance outflows
from the eurozone and
inflows to the transition
region increased in the
second half of 2011 and first
quarter of 2012 (Chapter 2).
Host-country
supervisors may not have
much information
about the parent banks of
subsidiaries that operate in
their country (Chapter 3).
The variation in credit
growth in central and
south-eastern European
countries has been
increasing steadily
since the beginning of
2011 (Chapter 3).
Continuing political
uncertainty has weakened
growth performance in the
SEMED region (Chapter 2).