Employment concentration and resource allocation: one-company towns in Russia
One-company towns, towns where a single company accounts for a significant share of total employment and shapes the livelihoods of the people, are often associated with centrally planned economies.
But in fact they were common elsewhere. One-company towns had grown up in the USA towards the end of the 19th century, particularly in the industrial areas of the Mid-West, and at their peak were over 2,500 in number, accounting for up to 3% of the US population.
In the UK, the Cadbury company town of Bourneville and Lord Lever’s Port Sunlight were the best known examples.
A recent EBRD working paper takes a closer look at the phenomenon of one-company towns in Russia and comparative performance of enterprises located there by matching data on performance of Russian firms with the latest Census data on distribution of population.
PISA Results: how does quality of education compare across the EBRD’s countries of operation?
Every three years the OECD Programme for International Student Assessment (PISA) conducts knowledge tests among 15-year old secondary school students in all OECD and a number of non-OECD countries.
In the EBRD countries of operation, the top performers were Estonia, Poland and Slovenia (in that order, with Estonia leading in all three disciplines). The lowest average scores were recorded in Azerbaijan, Albania and the Kyrgyz Republic, the latter also being the weakest performer globally.
The Recovery in Credit Growth in the EBRD Region
With the exception of those countries with the largest pre-crisis credit booms, credit growth is recovering across the region.
Born in '89: update
The EBRD received hundreds of entries for its “Born in ‘89″ essay competition, which invited people from the EBRD region to share their experiences of growing up in the years after the fall of the Berlin wall.
Finalists are going …
New lease of life for Croatian children's home
The EBRD aims to increase energy efficiency and reduce carbon emissions through all our projects in every sector. To mitigate the environmental impact of of holding the EBRD Annual Meeting in Zagreb we are investing in a social project which …
EBRD's Annual Meeting in Zagreb
More than 2,000 people from all over the world are arriving in Zagreb, Croatia as the EBRD’s 19th Annual Meeting (AM) and Business Forum gets under way.
Participants will be able to assess the latest political, economic and social changes …
EBRD launches Transition Report 2009
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Press freedom slides in eastern Europe
Press freedom has declined over the past year in the majority of countries where the EBRD invests, according to the global media watchdog Reporters Without Borders (RWB). The media monitor’s annual Press Freedom Index, published last week, also showed that …
The road to a fragile recovery
The EBRD has released its latest economic forecasts. Signs of positive growth in the third quarter suggest the recession is bottoming out in much of the EBRD region - but any upturn in 2010 is likely to be fragile and patchy.
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Born in '89? Tell us your story
In just a few weeks’ time, commemorations in the German capital will mark the 20th anniversary of the fall of the Berlin wall. As the world reflects on the events of November 1989 that paved the way for a new …
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