Comments on: The EBRD's new growth forecasts: "bearish", or turning point? http://www.ebrdblog.com/wordpress/2009/05/the-ebrds-new-growth-forecasts-bearish-or-turning-point/ European Bank for Reconstruction and Development Fri, 11 Nov 2011 09:53:14 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jeromin Zettelmeyer http://www.ebrdblog.com/wordpress/2009/05/the-ebrds-new-growth-forecasts-bearish-or-turning-point/comment-page-1/#comment-6 Jeromin Zettelmeyer Tue, 19 May 2009 12:23:54 +0000 http://www.ebrdblog.com/?p=247#comment-6 Thanks Greg. Of course I agree that GDP is not everything, and thanks for the plug for the Life in Transition survey. We are planning a new round (joint with the World Bank) later this year. Thanks Greg. Of course I agree that GDP is not everything, and thanks for the plug for the Life in Transition survey. We are planning a new round (joint with the World Bank) later this year.

]]> By: Greig Aitken http://www.ebrdblog.com/wordpress/2009/05/the-ebrds-new-growth-forecasts-bearish-or-turning-point/comment-page-1/#comment-5 Greig Aitken Thu, 14 May 2009 19:38:11 +0000 http://www.ebrdblog.com/?p=247#comment-5 Thanks for the candour, Jeromin. I recall, pre-crisis, EBRD jiving merrily with the 6-7 percent growth figures for the region, with Azerbaijan's 20+ figure in recent years driving things along, er, sustainably. As a development bank, shouldn't the EBRD also deploy the time and expertise of its economists towards determining qualitative assessments of life in central and eastern Europe? The Life in Transition survey (notably carried out at the height of the boom) was instructive, and it would be valuable to hear more about the post-communist reckoning - in the round, rather than purely in GDP calculation. Thanks for the candour, Jeromin. I recall, pre-crisis, EBRD jiving merrily with the 6-7 percent growth figures for the region, with Azerbaijan’s 20+ figure in recent years driving things along, er, sustainably.

As a development bank, shouldn’t the EBRD also deploy the time and expertise of its economists towards determining qualitative assessments of life in central and eastern Europe? The Life in Transition survey (notably carried out at the height of the boom) was instructive, and it would be valuable to hear more about the post-communist reckoning – in the round, rather than purely in GDP calculation.

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