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  Foreign direct investment

  and wages

  In this study, EBRD economist Çagatay Bircan shows

  that foreign direct investment flows into Turkey

  do not benefit all recipients equally. In particular,

  only those firms with high levels of foreign equity

  participation and their skilled workers are the primary

  beneficiaries.

   

   

  The EBRD Working Paper series is produced by

  EBRD economists and other partners to stimulate

  debate on the economic transformation of central

  and eastern Europe and central Asia.

   
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  EBRD supports fight

  against financial crime

  Transnational organised crime generates an

  estimated US$870 billion each year, making stopping

  money laundering a key goal for international law

  enforcement.

   

   

  To support this effort, more than 50 legal and

  compliance officers have attended EBRD workshops

  in Georgia and Tajikistan to learn how to detect

  and prevent illegal financial flows.

   
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  EBRD helps medical

  supplier boost exports

  The EBRD’s Small Business Support is helping

  Juldyz Kenan, central Asia’s only producer of

  disposable medical supplies, to expand. The

  company wants to increase capacity to 4.5 million

  items per year to supply more hospitals in 

  Kazakhstan and neighbouring countries.

   

   

  The EBRD’s Small Business Support works with

  small-to-medium-sized enterprises to connect

  clients to local consultants and international

  advisers.