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A decade after independence, Armenia embarked on a radical reform path to create a vibrant, market economy – triggering substantial economic growth, often reaching double digits.   As recent trends and volatility indicate, sustaining such growth requires addressing a range of structural challenges…
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 new UNECE Guide on producing CPI under lockdown, published today, helps national statistical offices to produce the Consumer Price index (CPI) under periods of lockdown and other emergencies.   The Consumer Price Index, or CPI, is a key economic indicator in most countries, giving a …
  Migration is an old and growing phenomenon – the United Nations Populations Division estimates that around 266 million people live outside their country of origin. In the UNECE region, by 2019 there were around 45 million people from Eastern Europe and Central Asia living abroad, with more than…
Both innovation and Public-Private Partnerships (PPPs) are essential drivers of economic development, environmental sustainability and social inclusiveness. The UNECE region was hit hard by the COVID-19 crisis, not only because of the health crisis itself but also, even as the threat recedes…
A small sub-set of small- and medium-sized enterprises – innovative, high-growth enterprises (IHGEs) – play an outsize role in innovation and structural transformation across the world. They spearhead experimentation with new ideas to create value, address challenges, and reduce transaction costs…
The Government of Ukraine is currently implementing a broad policy agenda aimed at achieving the Sustainable Development Goals (SDGs) and pursuing a resilient, inclusive and sustainable post-COVID recovery. UNECE, together with UNDP, UNICEF and WHO, is supporting these efforts through a Joint…
The COVID-19 pandemic has hit the economy hard. Global GDP is estimated to have fallen by 3.5 in 2020, and even more steeply in parts of the UNECE region. International trade has been disrupted. Progress towards the UN Sustainable Development Goals has slowed down at a time when it would be…
As globalization increases the diversity of innovative ways of doing business around the world, economies become ever more interdependent. Multinational enterprise groups, or MNEs, have operations in several countries, so counting up their economic impacts entails looking across borders to gather…