Thursday, May 15, 2008

[IWS] World Bank: PRODUCTIVITY GROWTH in EASTERN EUROPE & the FORMER SOVIET UNION: UNLEASHING PROSPERITY [14 May 2008]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

World Bank

UNLEASHING PROSPERITY: Productivity Growth in Eastern Europe and the Former Soviet Union [14 May 2008]
http://siteresources.worldbank.org/ECAEXT/Resources/publications/UnleashingProsperity.pdf
[full-text, 295 pages]

Press Release
Productivity Surge Boosts Growth and Living Standards in Eastern Europe and the former Soviet Union [14 May 2008]
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:21766868~pagePK:34370~piPK:34424~theSitePK:4607,00.html

Study urges countries to further cut red tape and barriers to entrepreneurs
   * The countries of Eastern Europe and the Former Soviet Union experienced a productivity surge over the past decade that drove up living standards and reduced poverty.
   * Productivity growth is probably the single most important indicator of a country's economic progress.
   * Productivity growth requires a differentiated policy agenda across countries.

Big gains in the productivity of workers in Eastern Europe and the former Soviet Union during the past decade have helped boost growth and living standards, but more must be done to eliminate red tape and barriers to enable firms to become more productive in a rapidly globalizing world, says a new World Bank report.

AND MORE....

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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