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Transition Report 2024-25

Navigating industrial policy

The Transition Report 2024-25 focuses on industrial policies in the EBRD regions and beyond. Such policies have seen a resurgence, seeking to address market failures such as environmental degradation.

However, their track record is mixed. Their growing popularity is shaped primarily by domestic political economy considerations and rising geopolitical tensions. While industrial policies are typically employed by higher-income economies, they are also now used more frequently in economies with less administrative and fiscal capacity to implement them.

Publication date: 26 November 2024
ISBN: 978-1-898802-56-3
ISSN: 1356-3424

Digital edition

See the online Transition Report, which also features country assessments.

Chapters

Foreword

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Executive summary

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Chapter 1: An introduction to industrial policy

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Chapter 2: Promoting structural change

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Chapter 3: Regional inequality and special economic zones

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Chapter 4: Industrial policies supporting firms

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Chapter 5: Structural reform

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Methodological notes

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Acknowledgements

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Country assessments

You can view the country assessments – available exclusively online – via the interactive map tool and download directly to your device.

Structural reform overview

Full structural reform overview

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Country assessments - Central Europe and the Baltic states

Central Europe and the Baltic states

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Croatia

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Czechia

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Estonia

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Hungary

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Latvia

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Lithuania

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Poland

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Slovak

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Slovenia

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Central Asia

Central Asia

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Kazakhstan

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Kyrgyz Republic

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Mongolia

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Tajikistan

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Turkmenistan

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Uzbekistan

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South-eastern Europe

South-eastern Europe

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Albania

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Bosnia and Herzegovina

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Bulgaria

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Kosovo

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Montenegro

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North Macedonia

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Romania

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Serbia

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Southern and eastern Mediterranean

Southern and eastern Mediterranean

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Egypt

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Jordan

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Lebanon

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Morocco

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Tunisia

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Eastern Europe and the Caucasus

Eastern Europe and the Caucasus

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Armenia

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Azerbaijan

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Georgia

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Moldova

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Ukraine

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Other countries

Other countries

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Greece

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Türkiye

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