Regional Economic Prospects in EBRD Countries of Operations: January 2011

By Piroska Nagy, Franziska Ohnsorge, Peter Sanfey

Steady private-sector led growth but increasing downside risks

Our estimate for overall growth in 2010 remains at around 4.2 per cent for the region, with upward revisions in most countries but downward revisions …

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Trade Finance on the Way to Recovery in the EBRD Region

As the global financial crisis deepened post-Lehman, trade finance saw a sharp volume drop in the EBRD region. This reflected a complex combination of demand and supply factors, although an IMF-BAFT (Bankers’ Association for Finance and Trade) survey suggests that on balance most of the contraction in trade volumes is explained by demand side effects.

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