Challenges there may be, but Albania’s economy is broadly in a good place. A boom in tourism is driving growth at levels above most of its regional peers. While tourism across most of the world has broadly recovered from the massive impact of the Covid-19 pandemic, in a select few places it has actively been […]
Economic development in Europe and Central Asia (ECA) has been the story of the transition from plan to market, the advance of broad and deep structural reforms, and the emergence of private initiative as the main driver of growth. In less than three decades, a dozen ECA countries joined the European Union (EU). The successful transition of these countries to EU-integrated market economies with robust institutions and production structures illustrates just how far reforms have taken some countries in the region, including to high-income status. But the ambitious structural reform agenda of the 1990s has slowed in many middle-income countries in ECA, and their transition to market is still ongoing.
Central to Kosovo’s economic future is its ongoing dispute with Serbia, which restricts access to international markets and impedes foreign investment, crucial for its economic expansion.
Economy in focus: Tajikistan - Emerging Europe emerging-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from emerging-europe.com Daily Mail and Mail on Sunday newspapers.