Vladimir Yasinsky: Insufficient investment and human capital erosion are common problems in the post-Soviet countries
Almaty, 28 February 2014. Insufficient investment and human capital erosion are common problems in the post-Soviet countries. Vladimir Yasinsky, Member of the Management Board at Eurasian Development Bank (EDB) and Managing Director for Research, stated this today at the World Bank’s session titled Diversified Development: Making the Most of Natural Resources in Eurasia at the Krasnoyarsk Economic Forum.
“Creating effective instruments is the most difficult challenge in the process of transition from one economic system to another,” said Vladimir Yasinsky. “For post-Soviet countries this process is complicated by the fact that it needs to be done in a historically short period.”
According to Mr Yasinsky, “these problems and their possible solutions should not hinder the efforts our countries make to diversify their economies by stimulating sectors that generate high added value; however market signals should not be distorted at the same ti...28 February, 2014
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