i-RED

This Transition Report is once again concerned with the themes of crisis and transition. Like its two predecessors, the "Transition in Crisis?" (2009) and "Recovery and Reform" (2010), this report focuses on understanding both the 2008-10 crisis and its longer-term implications. It looks beyond the crisis for sources of growth that are less sensitive to changes in the external environment than the capital-inflow driven boom of the pre-crisis years. But it does so from a fresh perspective: that of households and individuals, based on a new round of the EBRD – World Bank Life in Transition Survey (LiTS), conducted in late 2010.