Faced with changing economic circumstances and a reorientation of trade toward Europe and Asia, will Eurasia's cities be able to adjust? Will some cities be granted the flexible regulations and supportive policies necessary for growth? And will some others be allowed to dwindle with policies put in place to assist their people in finding prosperity elsewhere in the region? Eurasian Cities: New Realities along the Silk Road responds to pressing questions for policy makers in Eurasian cities and national governments in the region. Building on the insights of the World Development Report 2009:...

In Eastern Europe and Central Asia there are significant pressures for residential energy tariffs to rise, as government budgets are increasingly stretched and cannot afford to pay large energy subsidies. Further pressures for tariffs to rise come from environmental concerns, as the tariff levels that households now face do not cover the social costs of energy production. Because reforms that would increase energy tariffs are likely to affect significantly the poor and the middle class, their political feasibility may be questioned unless appropriate ways of cushioning the impacts can be...

The causes of global warming and its consequences are clear, and the economic impacts of climate change are apparent. Climate change threatens development gains. Extreme weather events have brought severe droughts to Central Asia, heat waves and forest fires to the Russian Federation, and floods to Southeastern Europe. Unchecked emissions will result in rising economic costs and increasing risks to individuals. There is a clear case for all of the world's economies to move to a low-carbon growth path. Yet climate action has been inadequate, especially in the Europe and Central Asia (ECA)...

Energy efficiency is an important factor in an economy, since it helps meet energy needs, decrease costs, and lower environmental impacts. A review of the evolution of energy intensity in European and Former Soviet Union countries indicates a positive trend: high-energy-intensity countries have now reached the level of medium-energy-intensity economies 15 years earlier, and in the same period, medium-energy-intensity ones had similarly evolved to levels of low-energy-intensity. At the same time, the fast transitioning economies of Central Europe converged towards similar levels of energy...