Series: Departmental Papers / Policy Papers
Author(s): Mercedes Vera-Martín , Dominique Fayad , Sergejs Saksonovs , Wei Shi , and Fang Yang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 May 2019
Keywords: Central Asia and the Caucasus, Inclusive growth, Financial inclusion, Fiscal policy, Economic growth, Unemployment, Total factor productivity, Credit, Caucasus and Central Asia, CCA
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...