Promoting Inclusive Growth in the Caucasus and Central Asia

CCA countries achieved gains in inclusiveness over the past 20 years as incomes increased and poverty, inequality, and unemployment declined.
Volume/Issue: Volume 2019 Issue 008
Publication date: May 2019
ISBN: 9781498313353
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Topics covered in this book

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Finance , Economics- Macroeconomics , Public Finance , International - Economics , DPPP , DP , CCA country , private sector , Gini coefficient , labor force , CCA region , oil exporter , oil importer , CCA government , Inclusive growth , Financial inclusion , Small and medium enterprises , Central Asia and the Caucasus , Europe , Global , Asia and Pacific , CCA economy , increase private sector participation , fiscal policy effectiveness

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Summary

CCA countries achieved gains in inclusiveness over the past 20 years as incomes increased and poverty, inequality, and unemployment declined. Most of the progress occurred before the 2008–09 global financial crisis. Since then, poverty rates have barely moved and, for oil importers, remain elevated.

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