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By midsummer the grave situation in the north had caused hundreds of thousands of Malians to flee the region.
And the situation could still deteriorate badly, particularly if investors flee the region the way they did in much of Asia after Thailand's currency collapsed in 1997.
More than 70 of those targeted in the past year were prominent businessmen, which led businesses to begin to flee the region.
And some unforeseen crisis could make lenders flee the region overnight, the bank says, making the EBRD indispensable.The bank's critics believe these arguments disguise "mission creep".
The largely symbolic sanctions which lack any real bite shouldn't inflict too much damage in the short term but Russia has a job on its hands to stem the rot as investors flee the region.
As the terms of the peace agreement were being carried out, Kosovar refugees began returning to the province, and the remaining Serbs sometimes facing sporadic reprisals began to flee the region.
Similar(42)
Hundreds of families have fled the region.
Some 250,000 Georgians fled the region at the time.
Nearly 12 million have fled the region since 2011.
Tens of thousands of civilians fled the region.
But some officials have said many of those soldiers may have already fled the region.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com