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Cryptocurrencies and blockchain (English)

With growth in Europe and Central Asia likely at its peak, this report addresses two questions. How well is the region prepared for an expected slowdown? How well has the economic upswing been used to adjust to the digital revolution? The report specifically focuses on cryptocurrency and blockchain activities in the region.


  • Document Date


  • Document Type

    Working Paper

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  • Total Volume(s)


  • Country

    Europe and Central Asia,

  • Region

    Europe and Central Asia,

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  • Doc Name

    Cryptocurrencies and blockchain

  • Keywords

    global financial crisis; depreciation of exchange rate; small and medium enterprise; commodity price; current account deficit; total factor productivity; consumer price index; decline in investment; unemployment rate; combination of factor; foreign direct investment; labor productivity increase; labor productivity growth; tight monetary policy; rate of growth; Capital Inflows; oil price; demand for electricity; share of export; inflow of remittance; current account surplus; recipient of remittance; decline in unemployment; massive capital inflow; international financial institution; private sector demand; average inflation rate; floating exchange rate; federal reserve bank; labor supply growth; oil commodity price; factor in production; asian financial crisis; real exchange rate; privileges and immunity; capital flow reversal; industrial production growth; real estate price; current account balance; investment rate; housing price; real gdp; emerging economy; fiscal deficit; global market; spare capacity; cyclical downturn; Emerging economies; foreign market; baseline scenario; capital deepening; Labor Market; digital revolution; technological change; tradable sector; Financial Sector; agricultural price; global growth; weighted average; private consumption; youth unemployment; international market; index value; global trade; reform policy; domestic growth; price adjustment; fiscal policy; production loss; investment account; Fiscal policies; geopolitical tension; external funding; digital technology; albanian lek; high inflation; polish zloty; asset price; rapid change; domestic spending; macroeconomic adjustment; nominal import; export share; information flow; foreign inflow; international competitiveness; financial oversight; oil revenue; consumer protection; capacity utilization; capital reversal; household survey; competitive sector; administrative region; grain price; global phenomenon; foreign exchange; debt crisis; Social Protection; sole responsibility; energy exporter; original work; energy price; commercial purpose; copyright owner; digital market; government deficit; large mining; production method; Tax Administration; russian ruble; production capacity; hungarian forint; government balance; romanian leu; czech koruna; monetary authority; steep decline; investment ratio; inventory level; manufacturing sector; joint product; daily price; mining revenue; employment contract; rising inflation; Oil Export; price distortion; gdp deflator; nominal price; cyclical upturn; banking crisis; turkish lira; older worker



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Cryptocurrencies and blockchain (English). Europe and Central Asia Economic Update Washington, D.C. : World Bank Group.