The Central Asia-Caucasus Institute held a forum on IMF engagemtn in the CCA region. The forum discussed trade tensions, oil price volatility, and geopolitical tensions are weighing on the world economy. The speaker addressed what the region’s policy makers should do to make their economies resilient and promote higher and more inclusive growth.
Speakers:
Juha Kähkönen, Deputy Director, Middle East and Central Asia Department, International Monetary Fund
Moderator: Svante Cornell, Director, Central Asia-Caucasus Institute at the American Foreign Policy Council
Where: Middle East Institute: 1763 N Street Northwest, Washington, DC 20036
When: Wednesday, November 21, 2019 from 3:00 - 4:30 pm,
Wednesday, 30 November 2016, from 5 to 7 p.m.
Light reception with Georgian wines at 5; main program at 5:30
A decline in commodity prices and slowing in key economic partners such as Russia and China, had a significant impact on the countries of Central Asia and the South Caucasus. Regional growth is projected to average only 1.3 percent this year, representing a dramatic decrease in economic activity compared with growth rates of the early 2000s. According to the IMF, next year the region's economies should turn a corner, with average growth reaching 2.6 percent. Medium-term prospects remain weak, however, with growth projected to average 4 percent in the 2018–21 period, half that in 2000–14.
These and other important economic topics will be discussed as part of the Regional Economic Outlook Report, the latest IMF release on the Caucasus and Central Asia. The special focus of this year's presentation is Kazakhstan: the discussion will review this country's macroeconomic and structural policy response to shocks that began in late 2014, and will examine prospects for the medium term.
Speakers:
Juha Kahkonen, Deputy Director, Middle East and Central Asia Dept., IMF
Mark Horton, Mission Chief, Kazakhstan, IMF
Moderator:
Mamuka Tsereteli, Research Director, Central Asia-Caucasus Institute
Rome Building Auditorium
SAIS - Johns Hopkins University
1619 Massachusetts Ave., NW
Washington, DC 20036