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- Globalization and Economic Diversification
Globalization and Economic Diversification
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The transition countries in Eastern and South-Eastern Europe and Central Asia were hit harder than any other region in the world by the global recession of 2008-2009. The crisis made painfully clear that the transition from a centrally planned to an open market economy brought about new prosperity which is highly sensitive to global economic shocks. This publication aims to answer fundamental questions and spell out policy options to address the challenges for these economies.
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