The country rated among the low-medium income countries in 1990, and currently it is one of the lowest income nations in Europe. Certain economic decline patterns had been registered prior to 1991, but the separation from the USSR has considerably accelerated the process. The GDP level was decreasing continuously over
The country rated among the low-medium income countries in 1990, and currently it is one of the lowest income nations in Europe. Certain economic decline patterns had been registered prior to 1991, but the separation from the USSR has considerably accelerated the process. The GDP level was decreasing continuously over the period 1990 to 2000 inclusively, when it fell down to as low as 65 per cent of the 1990 level. The reasons for the economic collapse were numerous.
Devolving decision making to the lowest appropriate level
MD
Adaptation Commitments
GCA_Subsector_2
GCA_Subsector_2
Adapt Now subsector (2)
Cross-Cutting Area
Capacity building and knowledge transfer