Unleashing Prosperity : Productivity Growth in Eastern Europe and the Former Soviet Union

The analysis presented in this report assembles, for the first time, evidence from a variety of sources in the countries of Eastern Europe and the former Soviet Union to show that policy and institutional reforms are important in achieving higher p...

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Bibliographic Details
Main Authors:	Alam, Asad, Anós Casero, Paloma, Khan, Faruk, Udomsaph, Charles
Format:	Publication
Language:	English en_US
Published:	Washington, DC : World Bank 2012
Subjects:	ACCOUNTING AGGREGATE PRODUCTIVITY AGGREGATE PRODUCTIVITY GROWTH AGRICULTURE ALLOCATIVE EFFICIENCY AVERAGE PRODUCTIVITY AVERAGE PRODUCTIVITY GROWTH BARRIERS TO ENTRY BENCHMARKING BUSINESS CYCLE BUSINESS ENVIRONMENT BUYER CAPABILITIES CAPITAL FLOWS CAPITAL INVESTMENTS CAPITAL MARKETS CENTRAL BANK CENTRAL PLANNING COMMAND ECONOMY COMMUNICATION TECHNOLOGY COMPARATIVE ADVANTAGE COMPETITIVE MARKET COMPETITIVE PRESSURE COMPETITIVE PRESSURES COMPETITIVENESS COPYRIGHT CREATING JOBS CREATIVE DESTRUCTION DATA DEFINITIONS DATA QUALITY DELIVERY OF GOODS DISPLACED LABOR DISTRIBUTION CHANNELS DIVIDENDS DRIVERS E-MAIL ECONOMIC ACTIVITIES ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMIC RECOVERY EFFICIENCY OF LABOR EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT RATE EMPLOYMENT SHARE ENTERPRISE SURVEYS ENTRY CONTRIBUTION ENTRY RATE EUROPEAN CENTRAL BANK EXPORT MARKETS EXPORTS FACTOR MARKETS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL DEEPENING FINANCIAL MARKETS FINANCIAL SERVICES FINANCIAL SUPPORT FIRM DYNAMICS FIRM DYNAMISM FIRM ENTRY FIRM EXIT FIRM LEVEL FIRM PRODUCTIVITY FIRM SIZE FIRM SURVIVAL FIRM TURNOVER FLEXIBLE LABOR MARKETS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN-OWNED FIRMS FREE TRADE GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL MARKETS GROSS DOMESTIC PRODUCT HIGH ENTRY RATES HIGH UNEMPLOYMENT HIGH UNEMPLOYMENT RATES HIGH-TECHNOLOGY INDUSTRIES HUMAN CAPITAL ICT INCOME INCOME LEVELS INDUSTRIAL DEVELOPMENT INFORMAL SECTOR INNOVATION INTERNATIONAL MARKETS INTERNATIONAL STANDARD INTERNATIONAL TRADE JOB CREATION JOB DESTRUCTION JOB DESTRUCTION RATES JOB LOSSES JOB TURNOVER LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET FLEXIBILITY LABOR MARKET REGULATIONS LABOR MARKET RIGIDITIES LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR REALLOCATION LABOR SUPPLY LABOUR LICENSES LIQUIDITY LIVING STANDARDS LOW EMPLOYMENT MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANUFACTURING MANUFACTURING INDUSTRIES MARKET ECONOMIES MARKET ECONOMY MARKET ENTRY MATERIAL MICROECONOMIC ANALYSIS MIGRATION NET EMPLOYMENT NET EMPLOYMENT GAINS NET EMPLOYMENT IMPACT NET ENTRY COMPONENT NETWORKS NEW ENTRANTS NEW MARKET NEW MARKETS NEW TECHNOLOGIES OCCUPATIONS ON-THE-JOB TRAINING OUTPUT PER CAPITA PENETRATION RATES PER CAPITA INCOME PHOTO PRIVATE FIRMS PRIVATE SECTOR PRIVATE SECTOR INVOLVEMENT PRIVATIZATION PRODUCT INFORMATION PRODUCT MARKET PRODUCT MARKET COMPETITION PRODUCT MARKET REGULATION PRODUCTIVE ACTIVITIES PRODUCTIVE EMPLOYMENT PRODUCTIVE FIRMS PRODUCTIVITY PRODUCTIVITY DECOMPOSITIONS PRODUCTIVITY DISPERSION PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PRODUCTIVITY GROWTH RATES PRODUCTIVITY INCREASES PRODUCTIVITY LEVELS PRODUCTIVITY PERFORMANCE PRODUCTIVITY REGRESSIONS PROFITABILITY PUBLIC POLICY PURCHASING POWER QUERIES R&D REAL INCOME REALLOCATING RESOURCES REGRESSION ANALYSIS RESOURCE ALLOCATION RESULTS RETAIL TRADE SAFETY SAFETY NET SAFETY NETS SERVICE INDUSTRIES SERVICE SECTOR SERVICE SECTORS SKILL SHORTAGES SKILLED LABOR SKILLED WORKERS SKILLED WORKFORCE SOCIAL SAFETY NETS STATE-OWNED ENTERPRISES SUBSIDIARY SUPPLIERS SURVIVAL RATE SURVIVAL RATES TAXONOMY TECHNOLOGICAL INNOVATIONS TECHNOLOGY DEVELOPMENT TELECOMMUNICATIONS TELECOMMUNICATIONS REFORM TELEPHONE TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT TOTAL PRODUCTIVITY GROWTH TRADE FLOWS TRADE LIBERALIZATION TRANSITION ECONOMIES TRANSPORT UNEMPLOYMENT RATES USES VALUE ADDED VOCATIONAL EDUCATION WAGES WITHIN-FIRM CONTRIBUTION WITHIN-FIRM PRODUCTIVITY GROWTH WORKER WORKING CONDITIONS WORLD TRADE WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2008/05/9880211/unleashing-prosperity-productivity-growth-eastern-europe-former-soviet-union http://hdl.handle.net/10986/6588

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Summary:	The analysis presented in this report assembles, for the first time, evidence from a variety of sources in the countries of Eastern Europe and the former Soviet Union to show that policy and institutional reforms are important in achieving higher productivity growth. However, significant challenges remain in sustaining that growth. Many countries that started the reform process early, such as the new member states of the European Union, have come to resemble advanced market economies and face challenges in competing successfully in the global economy that are similar to the challenges faced by other European countries. For these new European Union members, the report argues, policies that facilitate innovation and firm expansion will be a key. But for other countries that started the reform process later, such as the countries of Southeastern Europe and the former Soviet Union, there is still a need to address the legacy of transition. For these countries, policies that accelerate restructuring and ease the entry and exit of firms will continue to be essential. This report - part of a series of regional studies of the World Bank's Europe and Central Asia region that has already covered poverty and inequality, the enhancement of job opportunities, trade and integration, migration and remittances, and the challenges posed by aging populations is intended as a contribution to the author thinking about how the World Bank may work more effectively with client states and other partners in the region to promote growth and foster higher living standards in a rapidly changing World.

Unleashing Prosperity : Productivity Growth in Eastern Europe and the Former Soviet Union

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