Over the past two decades, many countries in Europe and Central Asia have seen a remarkable convergence to the income and productivity levels of high-income economies. However, convergence has slowed across the region since the 2008 global financial crisis. Some of the growth drivers like ambitious reforms, inflows of foreign direct investment, and integration into European supply chains are now diminished. Can ECA return to the fast convergence path?
The Fall 2024 Europe and Central Asia Economic Update will provide the latest regional economic outlook and explore how countries can achieve faster and more sustainable economic growth by improving the quality of education and fostering innovation.
Watch the replay of the discussion on how to unleash the talent needed to reinvigorate growth and boost convergence with high-income countries.