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Author:
Publisher: Asian Development Bank
ISBN: 9292615114
Category : Business & Economics
Languages : en
Pages : 191
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Book Description
This study explores prospects for inclusive growth in the Central Asia and the South Caucasus region and highlights the central role played by the creation of good jobs. The study reviews economic performance in the region and discusses prospects through 2030, introducing two growth scenarios related to the adoption of structural reforms for creating good jobs and inclusive growth. It also highlights the importance of adopting a full policy reform scenario.
Author:
Publisher: Asian Development Bank
ISBN: 9292615114
Category : Business & Economics
Languages : en
Pages : 191
Get Book
Book Description
This study explores prospects for inclusive growth in the Central Asia and the South Caucasus region and highlights the central role played by the creation of good jobs. The study reviews economic performance in the region and discusses prospects through 2030, introducing two growth scenarios related to the adoption of structural reforms for creating good jobs and inclusive growth. It also highlights the importance of adopting a full policy reform scenario.
Author: Ms.Mercedes Vera-Martín
Publisher: International Monetary Fund
ISBN: 1498315070
Category : Business & Economics
Languages : en
Pages : 57
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Book Description
CCA countries achieved gains in inclusiveness over the past 20 years as incomes increased and poverty, inequality, and unemployment declined. Most of the progress occurred before the 2008–09 global financial crisis. Since then, poverty rates have barely moved and, for oil importers, remain elevated.
Author: Sophie Hohmann
Publisher: Bloomsbury Publishing
ISBN: 0857725378
Category : Social Science
Languages : en
Pages : 416
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Book Description
After the final collapse of the Soviet Union, the so-called 'last empire', in 1991, the countries of Central Asia - Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan - and of the Caucasus - Armenia, Azerbaijan, Georgia - became independent nations. These countries, previously production centres under the socialist planning system of the Soviet Union, have made enormous economic adjustments in order to develop - or attempt to develop - along capitalist lines. As this study will show, however, inequality in Central Asia and the Caucasus is widening, as the Soviet systems of healthcare and state provisions disappear. Rejecting the Cold War-era East/West paradigm often used to analyse the development of these nations, this study analyses development along the North-South lines which characterise the migration patterns and poverty levels of much of the rest of the developed world. This opens up new avenues of research, and helps us understand why it is, for instance, that this region is better characterised as a 'new South' - as skilled workers flood out of the territories and into Russia and Western Europe. Development in Central Asia and the Caucasus draws together detailed analyses of the development of migration economics as the region's oil wealth further enhances its strategic and economic importance to Russia, the US, the Middle East and to the EU.
Author: Nikoloz Gigineishvili
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 74
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Book Description
Raising long-term growth and resilience and improving living standards and inclusion are the top economic policy priorities for countries in the Caucasus and Central Asia (CCA). The region responded strongly to the COVID shock, which unavoidably caused a contraction in output and an increase in poverty and inequality. While the region is at the crossroads between the West and the East as it is facing heightened uncertainty due to Russia's war in Ukraine and the rising risk of global fragmentation. Climate change is an additional challenge that could have a significant negative impact on CCA countries in the long term. These challenges, however, also offer an opportunity for the region to develop a new growth model that could strengthen long-term resilience, accelerate income convergence with more advanced country peers, and improve human development and social outcomes. The paper argues that a more market-based allocation of limited resources is needed to channel capital and labor to their most productive use. The private sector needs to become a key driver of economic activity while the state provides a competitive and market-friendly business environment, delivers essential public goods and services, addresses externalities and market failures, and mitigates systemic risks. The state also retains a critical role in mobilizing public support and resources for climate policies and protecting the vulnerable. Well-designed social safety nets play a key role in reducing poverty and inequality and are essential to the new economic growth model to support human capital development and alleviate the impact of structural reforms on the most vulnerable.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292692429
Category : Business & Economics
Languages : en
Pages : 169
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Book Description
The services sector is becoming a key driver of economic development in most members of the Central Asia Regional Economic Cooperation (CAREC) Program. This study underscores the potential for greater economic diversification through robust development of seven key services subsectors and industries that are critical for economies in the region to function and thrive. CAREC members also need to adopt a coherent and comprehensive approach to the balanced development of these interdependent services subsectors. Enabling conditions such as good governance, competitive markets, strong regional cooperation and integration, efficient labor markets, and high quality physical and digital infrastructure are crucial.
Author:
Publisher:
ISBN: 9781861923110
Category : Economic assistance, British
Languages : en
Pages : 22
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Book Description
Author: Peter D. Eckel
Publisher: Cambridge University Press
ISBN: 1009115138
Category : Education
Languages : en
Pages : 307
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Book Description
Leveraging the natural experiment caused by the dissolution of the USSR and its uniform approach to higher education, this book focuses on university governance across the former Soviet countries, making it essential reading for researchers, students and policy makers. This title is also available as open access on Cambridge Core.
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484305140
Category : Business & Economics
Languages : en
Pages : 87
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Book Description
The countries in the Caucasus and Central Asia (CCA) have recorded significant macroeconomic achievements since independence. These countries have grown more rapidly-—on average by 7 percent over 1996–2011—-than those in many other regions of the world and poverty has declined. Inflation has come down sharply from high rates in the 1990s and interest rates have fallen. Financial sectors have deepened somewhat, as evidenced by higher deposits and lending. Fiscal policies were broadly successful in building buffers prior to the global crisis and those buffers were used effectively by many CCA countries to support growth and protect the most vulnerable as the crisis washed across the region. CCA oil and gas exporters have achieved significant improvements in living standards with the use of their energy wealth.
Author: Kashif Hasan Khan
Publisher: Springer Nature
ISBN: 9811987076
Category : Political Science
Languages : en
Pages : 278
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Book Description
This book addresses the current state of economic and political development within Central Asia and the importance of European countries and organizations as international actors and supranational organizations for the Central Asian Region (CAR). It aims to provide a better understanding of Central Asia’s multi-faceted relations in rapidly evolving geostrategic dynamics and serves as a timely insight into the contours of Central Asian states’ policies, emerging trends, and significant features of these interactions. The aim is to analyze the main challenges for future between the Europe and Central Asia relations, to make recommendations for improvement, and to identify lines for future research on this matter. It highlights key aspects of current discourses in CAR vis-à-vis the role of European countries and China and other key players. It explores post-Soviet scenarios, considering recent drastic changes in the equation of international relations in general and, more particularly the role of Russia and China vis-à-vis Europe in the CARs. This book covers the different perspectives on the EU’s new strategy (2019), which will contribute to strengthening relations between the two growing regions. It will be beneficial for academics, practitioners, and policymakers.
Author: Tim Kelly
Publisher: World Bank Publications
ISBN: 1464810273
Category : Technology & Engineering
Languages : en
Pages : 258
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Book Description
From East to West, the economies of Europe and Central Asia (ECA) are not taking full advantage of the internet to foster economic growth and job creation. The residents of Central Asia and the South Caucasus pay some of the highest prices in the world for internet connections that are slow and unreliable. In contrast, Europe enjoys some of the world’s fastest and affordable internet services. However, its firms and individuals are not fully exploiting the internet to achieve higher productivity growth as well as more and better jobs. Reaping Digital Dividends investigates the barriers that are holding back the broader adoption of the internet in ECA. The report identifies the main bottlenecks and provides policy recommendations tailored to economies at varying levels of digital development. It concludes that policies to increase internet access are necessary but not sufficient. Policies to foster competition, international trade and skills supply, as well as adapting regulations to the changing business environment and labor markets, will also be necessary. In other words, Reaping Digital Dividends not only requires better connectivity, but also complementary factors that allow governments, firms and individuals to make the most out of it.
