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The impact of China on Europe and Central Asia (English)

The economies of Europe and Central Asia (ECA) are facing complex challenges. In the eastern part of the region the task of governments is to orchestrate a coordinated crisis response. The collapse of oil revenues and the associated decline in remittances triggered a chain reaction of shocks. Adjustment to these shocks requires a new monetary policy regime, resolution of serious fragilities in banking sectors, fiscal reforms that put government finances...
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Timmer,Hans; Bussolo,Maurizio; Gould,David Michael; Letelier,Raquel Alejandra; Nguyen,Tu Chi; Panterov,Georgi Lyudmilov; Shaw,William; Ushakova,Ekaterina; Burns,Andrew; Izvorski,Ivailo V.; Pigato,Miria A.; Sanchez,Carolina.

The impact of China on Europe and Central Asia (English). Europe and Central Asia economic update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/136351467990956476

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