Central and Eastern Europe Prosperity Report

This report from the UK think tank Legatum Institute highlights the challenges and opportunities for people to fulfill their potential across the Central and Eastern Europe region in the coming decades.

Central and Eastern Europe (CEE) has come a long way in the three decades since the fall of communism and the 10 years since the height of the financial crisis. The region has emerged with a strong degree of both political and economic success, and the gap has narrowed between people’s expectations of the quality of their lives and levels of prosperity. But the region is at a crossroads. The rate of convergence with Western Europe is slowing and, while wages have increased steadily, they are struggling to keep pace with the rising cost of living. There are challenges that require action if people in CEE are to fulfil their potential and find pathways to prosperity. This is the third in a series of reports developed in partnership with Erste Group, analysing the nature of prosperity across CEE. It looks at the challenges in-depth and examines the opportunities over the next decades for people to fulfil their potential across the region, through improvements both to the education and health systems and the wider factors that are driving living standards.

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