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Georgia is the only country in the CAC region that can access markets around the world through its own seaports and thus less dependent on China's BRI overland corridors for trade, investment and growth. Nevertheless, the Georgian government is investing in the one BRI corridor China, Europe...
Persistent link: https://www.econbiz.de/10012647285
Armenia is a small land-locked mountainous country with relatively difficult access to regional and global markets. The borders with Azerbaijan in the east and with Turkey in the southwest and west are closed. Only the borders with Georgia in the north and Iran in the south are open for trade...
Persistent link: https://www.econbiz.de/10012647286
Uzbekistan is a resource-rich country with a relatively young population of 33 million, the largest in Central Asia. It is also a geographic pivot for the region, bordering all other Central Asian countries and Afghanistan, with transit connections in all directions. As a double landlocked...
Persistent link: https://www.econbiz.de/10012647287
The Kyrgyz economy has been, since its earliest days, the most liberal and open among Central Asian countries resulting in an atypical structural transformation with limited productivity growth. It was the first Central Asian country to become a WTO member in 1998 and its trade share in GDP is...
Persistent link: https://www.econbiz.de/10012647288
Tajikistan is the poorest country in the region despite strong growth for nearly two decades; sustaining growth in future will need substantially higher growth in private investment and exports. Its per capita income (GNI) is close to USD 1,000 but nearly a third of its population, of around 9...
Persistent link: https://www.econbiz.de/10012647289
Kazakhstan is an upper-middle income, resource rich country. Its ascent to upper-middle income status was propelled by rising oil production and booming oil prices which pushed the average annual rate to above 7 percent during 2000-2013. The halving of world oil prices and lower export demand...
Persistent link: https://www.econbiz.de/10012647290
for future shocks. The findings are based on case studies from five countries in Eastern Europe and the South Caucasus … resilience. This is followed by descriptions of the baseline characteristics of the five Eastern European and South Caucasus …
Persistent link: https://www.econbiz.de/10014366467
impact of the epidemic which has been exacerbated by the large decline in the world price of iron ore and severe corporate … World Banks most recent analysis of the economic and fiscal effects of the Ebola epidemic on the three countries. In … on growth. As of April 2015, the Ebola epidemic has been largely contained but the negative effects on the economies of …
Persistent link: https://www.econbiz.de/10012564559
Iran's economy is gradually recovering following a lost decade (2011-2020) of negligible economic growth. Less stringent COVID-19 restrictions, adaptation to the new normal - reflected in a recovery in consumption, and more favorable oil sector conditions have driven a four-quarter rebound after...
Persistent link: https://www.econbiz.de/10012817597
The special topic of this edition of the Macroeconomic Monitoring report focuses on the TC administration's 'public' financial support to the agriculture sector. Due to the Turkish lira depreciation, the recent adverse climate conditions, and exacerbated by the COVID-19 crisis, the agriculture...
Persistent link: https://www.econbiz.de/10012544689