Achieving sustainable growth in transition economies
Is greater investment in public services the key ingredient for achieving sustainable growth in transition economies? OPM Senior Consultant Sanjaya Acharya addressed this and other research findings at the 13th European Association for Comparative Economic Studies’ (EACES) biennial conference in Budapest.
The conference, which ran from the 4-6 September 2014, focused on comparative analysis studies in economics, political economy, business and management research. Dr Archaya presented on the role of public investment in promoting growth and reducing poverty within transition economies, drawing on panel data from over 30 countries.
Governments around the world are under increasing pressure to use public expenditure as a tool to achieve development goals and address the consequences of the global economic downturn. Dr Archaya’s research examined the impacts of such investment on economic growth, poverty and inequality in a number of former Soviet Union economies.
OPM has extensive experience working in transition economies and has supported policy development in areas including regional development, social welfare reform and public financial management.