The deep structural transformation of the global economy is affecting the lives, livelihoods and living conditions of people across the EBRD regions. The Transition Report 2023-24 focuses on “big transitions” such as the shift towards sustainability, the reconfiguration of global supply chains, and the scramble for raw materials for the digital and green economies. The report uses unique data from the fourth round of the Life in Transition Survey, a household survey conducted in 2022 and 2023, to see how these macro-level trends translate into “small transitions”: career moves, changes in physical and mental health, the refurbishment of housing and – ultimately – changes in people’s satisfaction with life. 
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