Skip to content

Booksellers & Trade Customers: Sign up for online bulk buying at trade.atlanticbooks.com for wholesale discounts

Booksellers: Create Account on our B2B Portal for wholesale discounts

TIDES of Change (E): Igniting Productivity Growth in Europe and Central Asia (E)

by Gianmarco Ottaviano , Ana Cusolito , Iván Torre
Save 25% Save 25%
Current price ₹3,987.00
Original price ₹5,324.00
Original price ₹5,324.00
Original price ₹5,324.00
(-25%)
₹3,987.00
Current price ₹3,987.00

Imported Edition - Ships in 18-21 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote
+91
Book cover type: Paperback
  • ISBN13: 9781464822872
  • Binding: Paperback
  • Subject: N/A
  • Publisher: World Bank Publications
  • Publisher Imprint: World Bank Publications
  • Publication Date:
  • Pages: 182
  • Original Price: GBP 40.95
  • Language: English
  • Edition: N/A
  • Item Weight: 658 grams
  • BISAC Subject(s): Skills

Europe and Central Asia (ECA) stands at a critical juncture. After the global financial crisis, growth slowed sharply, overwhelmingly due to a collapse in productivity, while capital and labor contributions remained steady. Efficiency gaps now loom larger than capital gaps, with the widespread misallocation of labor and capital-- exacerbated by stalled reforms, weak market contestability, and the drag of underperforming state-owned enterprises-- holding back convergence. Drawing on a novel dataset of more than 40 million firm-level observations across sectors and countries, TIDES of Change: Restoring Prosperity Through Productivity shows that removing distortions could raise aggregate productivity by 30- 85 percent, with especially large gains in less advanced economies. The payoff is substantial: faster wage growth, more and better jobs, and a restored path to higher living standards. The report sets out a practical path to reignite convergence by riding the TIDES of higher productivity-- Trade, Investment, Digital, Efficiency, and Skills. It calls for reconnecting to dynamic markets and cutting trade costs; anchoring quality FDI and amplifying spillovers; turning connectivity into intensive digital use; leveling the playing field and unleashing reallocation; aligning talent and driving a lifelong upskilling. With limited fiscal space, first-best reforms and targeted support must be paired with stronger institutions that embed productivity at the core of national strategies. The central challenge in the region is not a lack of capital or connectivity, but their effective use.

Trusted for over 49 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us