Emerging Insights

The European Bank for Reconstruction and Development (EBRD) has warned that Russia’s attack on Ukraine will slow growth across Eastern Europe this year, causing energy prices, borrowing costs and inflation to remain elevated while deterring foreign investment. Manufacturing-dependent Hungary and Latvia are expected to see especially deep contractions, while Poland’s growth is forecast to be only 1 percentage point, down from 4.8% in 2022. Energy-intensive factories acr

Implications of State Ownership on Firm Performance and National Development One of the most prolific facets of developing economies is the presence, importance, and subsequent distortions from state-owned enterprises (SOEs). These enterprises are publicly owned and often managed, serving as key generates of revenue, large employers, and often serving as a financial and policy extension of governments. Such organizations, therefore, have immense potential to support a country