Five Actions to Address Climate Change in the CAREC Region
No country can fight climate change alone. The countries of the Central Asia Regional Economic Cooperation (CAREC) program should take coordinated action to combat the increasing impacts of climate change and find sustainable solutions.
Five Steps to Economic Resilience in the Caucasus and Central Asia
The ability of the economies of the Caucasus and Central Asia to effectively respond to external shocks critically depends on their cooperation in diversifying trade and transport routes. The right policies and development of the Middle Corridor is a key to success.
How Central Asia and the Caucasus Can Cut Debt and Foster Inclusive Growth
As countries in Central Asia and the Caucasus navigate post-pandemic recovery and geopolitical challenges, managing increasing public debt becomes crucial for sustainable growth.
Trade Connections Expose Asia and the Pacific to the Global Slowdown
These charts illustrate how developing economies in Asia and the Pacific face significant growth challenges due to their exposure to declining demand from major markets in Europe, the United States, and the People’s Republic of China.
Stabilizing Kazakhstan's Banks: Clear Rules and Tighter Regulations Needed
Kazakhstan's banking sector has seen extensive state support, leading to increased fiscal costs and a growing dependency on public funds, with key performance metrics showing a decline. To address these challenges, rules governing state support to commercial banks need to be clarified and banking regulations tightened.
Unlocking Central Asia's Economic Potential by Integrating into Global Value Chains
A free trade agreement could bring the economic and social development benefits of global value chains to Central Asia.
These Three Steps can Improve Food Security in Central Asia
Central Asian countries are facing major food security challenges, but can meet them by working together on shared solutions.
Empowering Micro, Small and Medium-Sized Enterprises in Kazakhstan
Micro, Small and Medium-Sized Enterprises in Kazakhstan need increased financing coupled with targeted, innovative solutions to continue driving the economy and creating jobs.
How Trade via Rail in Central Asia Can Mitigate the Energy and Climate Crises
Trade via rail in Central Asia has proven highly effective in recent years. It needs further support to take it to the next level.
Kazakhstan Goes Local When it Comes to Project Finance
Kazakhstan is becoming a leader among developing countries in the use of local currency finance.