Erik Berglöf - Crisis in Eastern Europe: The People's Perspective (1/4)

Eric Bergloff discusses a report on the impact of the global financial crisis on Eastern Europe, comparing it with data from 2006. The study highlights the severe economic and social effects due to inadequate social protection systems, with significant GDP losses and changes in societal attitudes.

What is the main focus of the new report discussed by Eric Bergloff?

• The role of Western Europe in global economics

• The development of new financial systems

• The impact of the global financial crisis on Eastern Europe

• The rise of new economic powers

How many countries were involved in the study conducted by Eric Bergloff's team?

• 20 countries worldwide

• 15 Western European countries

• 30 Eastern European and 5 Western European countries

• 10 Eastern European countries

What was a significant finding from the 2006 study regarding people's attitudes?

• High satisfaction with government policies

• Strong dissatisfaction with healthcare and education systems

• Indifference towards market systems

• Complete trust in financial institutions

Which region was most affected by the global financial crisis according to the report?

• North America

• Asia

• Eastern Europe

• Western Europe

What basic needs were impacted by the crisis in Eastern Europe?

• Entertainment and leisure activities

• Travel and tourism

• Food consumption and healthcare access

• Luxury goods consumption