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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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.