[PDF.99vv] The Caucasus and Central Asia: Transitioning to Emerging Markets

The Caucasus and Central Asia: Transitioning to Emerging Markets

[PDF.dl09] The Caucasus and Central Asia: Transitioning to Emerging Markets

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 | #3569978 in eBooks |  2014-04-10 |  2014-04-10 | File type: PDF

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The countries in the Caucasus and Central Asia (CCA) have recorded significant macroeconomic achievements since independence. These countries have grown more rapidly-—on average by 7 percent over 1996–2011—-than those in many other regions of the world and poverty has declined. Inflation has come down sharply from high rates in the 1990s and interest rates have fallen. Financial sectors have deepened somewhat, as evidenced by higher deposits and lendin...

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