Emerging economies at crossroads as state role set to grow in wake of Covid-19
The FINANCIAL — As the coronavirus pandemic sparks calls for more state intervention, emerging economies face tough choices to determine whether an increased role for government will have positive or negative long-term consequences. The latest Transition Report from the European Bank for Reconstruction and Development (EBRD) says 45 per cent of people in the EBRD’s post-communist economies now favour higher levels of state ownership.
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