With economic growth in Europe and Central Asia having peaked, following 2.7 per cent growth in 2017 and a projection of 2.3 per cent for 2018, countries in the region should take advantage of new digital technologies to innovate and improve their services, says a new World Bank report, Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update.
Policymakers in the region will need to strike a balance between unleashing the full potential and curbing the hype around new technologies. At the same time, policies also need to support citizens in adjusting to increased flexibility in labour and product markets.
Among the …read more
Source: Emerging Europe