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A World Bank report says weak productivity since 2008 is slowing Europe and Central Asia’s growth, urging reforms to boost jobs and trade.
A World Bank report warns that stagnant productivity since 2008 has hindered economic growth in Europe and Central Asia, with inefficient markets, weak reforms, and underdeveloped skills holding back progress.
It finds that a 10% productivity boost could create 2 million jobs and that trade remains 45% below potential.
High-performing, export-oriented firms drive growth, but market distortions limit broader gains.
The report urges reforms in competition, digitalization, investment, and workforce training to unlock growth without new capital.
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Un informe del Banco Mundial dice que la débil productividad desde 2008 está desacelerando el crecimiento de Europa y Asia Central, urgiendo reformas para impulsar los empleos y el comercio.