The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.
100% urban electrification doesn’t necessarily deliver 24/7 power in some developing countries.
A forward-looking, regional approach is needed for countries in Central Asia to respond to the pandemic and prepare for future public health threats.
Governments in Central and West Asia must commit to reforms and get them right, or face a downward spiral. The costs of the crisis are already obvious in rising deficits and debt. There is no room for complacency.
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.
Central Asia’s long-term economic prosperity depends upon participation in global value chains and upgrading to higher value-added activities.
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.
During the pandemic, corruption in projects could mean the difference between life and death for the poor and vulnerable.
State-owned enterprises, including power utilities, in many countries have collected a menagerie of assets unrelated to their core business. And they are selling cheap.
Asia and the Pacific is not where it needs to be to meet the Sustainable Development Goals but there remains a decade to make up for lost time.