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Low commodity prices and weak currencies (English)

Against the backdrop of a weakening global economy and volatility in international financial markets, countries of the Europe and Central Asia region (ECA) are transitioning to a new normal. Oil-exporting countries in eastern part of ECA face the difficult adjustment to low commodity prices. Faster and more effective insolvency procedures, strengthened financial sectors, and higher absorption of European Union (E.U.) structural funds can contribute...
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Timmer,Hans; Bussolo,Maurizio; Gogova,Dobrina; Gould,David Michael; Luongo,Patrizia; Nguyen,Tu Chi; Panterov,Georgi Lyudmilov; Ushakova,Ekaterina; Burns,Andrew; Izvorski,Ivailo V.; Pigato,Miria A.; Sanchez,Carolina.

Low commodity prices and weak currencies (English). Europe and Central Asia economic update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/882281468562677894

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