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Countries of the Eastern Europe and the South Caucasus (EESC) sub-region (Armenia, Azerbaijan, Georgia, the Republic of Moldova, and Ukraine) have a lot of potential to continue the transition to a more sustainable economic growth model that is less vulnerable to external shocks. Innovation, or…
Since its independence, Armenia has been one of the fastest-growing economies among the countries in Eastern Europe and South Caucasus (EESC) with GDP growth averaging 6 percent during the last two decades. Fueled by substantial reforms and increased foreign investment, the country embarked on a…
Since their independence, countries in Eastern Europe and the South Caucasus (EESC) – Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine – have introduced far-reaching reforms to boost innovation and benefit from the potential of the growing knowledge-based economy.…
The countries of Eastern Europe and the South Caucasus (the EESC sub-region), Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine have come a long way in their transition from centrally planned towards market-based economies. After a difficult first decade following…