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Recovery of industries in CEE follows traditional patterns


Improvements in the overall business environment, investment into higher value added sectors, and a search for more innovation remain among the key challenges for the Eastern and Central Europe in the wake of the global economic downturn region. Over the last decade, important progress has been made in making the overall business environment more investment-friendly, but important obstacles still remain. Foremost among them are a lack of professional skills, corruption, and poor management of domestic taxation structures. . Increasingly, the role of Western European economies is diminishing, with China on the rise.

Improvements in the overall business environment, investment into higher value added sectors, and a search for more innovation remain among the key challenges for the Eastern and Central Europe in the wake of the global economic downturn region. Over the last decade, important progress has been made in making the overall business environment more investment-friendly, but important obstacles still remain. Foremost among them are a lack of professional skills, corruption, and poor management of domestic taxation structures. . Increasingly, the role of Western European economies is diminishing, with China on the rise.

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