Europe and Central Asia Economic Update, November 2016 : Polarization and Populism

These are tough times for Europe and Central Asia. The Brexit vote and the refugee crisis are testing the European Union’s internal cohesion. Continued vulnerabilities in European banking sectors are curbing the economic recovery. Russia, Eastern Europe, Central Asia, and the Caucuses are still grap...

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Main Author:	World Bank
Format:	Serial
Language:	English en_US
Published:	Washington, DC: World Bank 2016
Subjects:	EUROPEAN UNION CENTRAL ASIA ECONOMIC FORECASTS DIVERGENCE POPULISM POLARIZATION INEQUALITY LOW SECULAR GROWTH LABOR MARKET SOCIAL PROTECTION
Online Access:	http://hdl.handle.net/10986/25341

id	okr-10986-25341
recordtype	oai_dc
spelling	okr-10986-253412021-04-23T14:04:29Z Europe and Central Asia Economic Update, November 2016 : Polarization and Populism World Bank EUROPEAN UNION CENTRAL ASIA ECONOMIC FORECASTS DIVERGENCE POPULISM POLARIZATION INEQUALITY LOW SECULAR GROWTH LABOR MARKET SOCIAL PROTECTION These are tough times for Europe and Central Asia. The Brexit vote and the refugee crisis are testing the European Union’s internal cohesion. Continued vulnerabilities in European banking sectors are curbing the economic recovery. Russia, Eastern Europe, Central Asia, and the Caucuses are still grappling with the consequences of low oil prices, increasingly compounded by low prices of other commodities. In Turkey, social and political tensions have increased in the aftermath of the coup attempt. Moreover, geopolitical frictions in the region further complicate the challenges. These turbulent economic times coincide with political polarization and rising populism. This likely reflects anxiety about unequal opportunities and decreasing job security, while low secular growth causes more pessimism about prospects. Coping with the structural challenges outlined above and limiting the rise in populism will require policies that support adjustment to these new economic realities while minimizing the pain that such adjustments can cause. 2016-11-16T15:43:57Z 2016-11-16T15:43:57Z 2016-11-22 Serial 978-1-4648-1009-1 http://hdl.handle.net/10986/25341 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Europe and Central Asia Central Asia Eastern Europe Europe and Central Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	EUROPEAN UNION CENTRAL ASIA ECONOMIC FORECASTS DIVERGENCE POPULISM POLARIZATION INEQUALITY LOW SECULAR GROWTH LABOR MARKET SOCIAL PROTECTION
spellingShingle	EUROPEAN UNION CENTRAL ASIA ECONOMIC FORECASTS DIVERGENCE POPULISM POLARIZATION INEQUALITY LOW SECULAR GROWTH LABOR MARKET SOCIAL PROTECTION World Bank Europe and Central Asia Economic Update, November 2016 : Polarization and Populism
geographic_facet	Europe and Central Asia Central Asia Eastern Europe Europe and Central Asia
description	These are tough times for Europe and Central Asia. The Brexit vote and the refugee crisis are testing the European Union’s internal cohesion. Continued vulnerabilities in European banking sectors are curbing the economic recovery. Russia, Eastern Europe, Central Asia, and the Caucuses are still grappling with the consequences of low oil prices, increasingly compounded by low prices of other commodities. In Turkey, social and political tensions have increased in the aftermath of the coup attempt. Moreover, geopolitical frictions in the region further complicate the challenges. These turbulent economic times coincide with political polarization and rising populism. This likely reflects anxiety about unequal opportunities and decreasing job security, while low secular growth causes more pessimism about prospects. Coping with the structural challenges outlined above and limiting the rise in populism will require policies that support adjustment to these new economic realities while minimizing the pain that such adjustments can cause.
format	Serial
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Europe and Central Asia Economic Update, November 2016 : Polarization and Populism
title_short	Europe and Central Asia Economic Update, November 2016 : Polarization and Populism
title_full	Europe and Central Asia Economic Update, November 2016 : Polarization and Populism
title_fullStr	Europe and Central Asia Economic Update, November 2016 : Polarization and Populism
title_full_unstemmed	Europe and Central Asia Economic Update, November 2016 : Polarization and Populism
title_sort	europe and central asia economic update, november 2016 : polarization and populism
publisher	Washington, DC: World Bank
publishDate	2016
url	http://hdl.handle.net/10986/25341
_version_	1764459008632029184

Europe and Central Asia Economic Update, November 2016 : Polarization and Populism

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