CACI Forum -- IMF Economic Outlook for Caucasus and Central Asia: Structural Transformation Needed
Wednesday, November 30, 2016 from 5:00 PM to 7:00 PM
San Francisco, California
London, United Kingdom
IMF Economic Outlook for Caucasus and Central Asia:
Structural Transformation Needed
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.
Juha Kahkonen, Deputy Director, Middle East and Central Asia Department, IMF
Mark Horton, Mission Chief, Kazakhstan, IMF
Moderator: S. Frederick Starr, Chairman, Central Asia-Caucasus Institute
Light reception with Georgian wines at 5 p.m., followed by main program at 5:30.
When & Where
Central Asia-Caucasus Institute / Silk Road Studies Program
The Central Asia-Caucasus Institute is a leading institution in the U.S. for the study of the Caucasus, Central Asia, and the Caspian Region. The institute, affiliated with Johns Hopkins University-SAIS, forms part of a joint center with the Silk Road Studies Program at the Institute for Security and Development Policy in Stockholm. Additional information about the joint center, as well as its several publications series, is available at silkroadstudies.org and cacianalyst.org.