The Baku Resident office of the European Bank for Reconstruction and Development (EBRD) is conducting a presentation of the 2005 Transition Report, the EBRD's annual update on reform progress and economic developments in central and eastern Europe and the Commonwealth of Independent States (CIS) on 23 February . Samuel Fankhauser, Director of the Policy Studies & Sector Strategy, and Anita Taci, Principle Economist responsible for Azerbaijan, will present the findings of the latest Report at the presentation, Trend reports, citing the press-release of the bank.
This year's Transition Report focuses on business in transition and presents the results of the third Business Environment and Enterprise Performance Survey (BEEPS). While the business environment has generally improved since the last survey in 2002, has this been the case in all transition countries? What kinds of firms are particularly affected by a difficult business environment? And how far are transition countries from reaching the level of mature market economies? The Report discusses a wide range of business obstacles including business regulation, labour, taxation, property rights and institutions, infrastructure, access to finance and the macroeconomic environment.
What types of firms - private or state-owned, foreign or domestic - have been most successful in increasing their sales and improving efficiency? And what are the main factors underpinning their performance? The Report answers those questions, taking a closer look at the performance of enterprises in the region.