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IMF published this video item, entitled “Charting a New Path Forward Amid a New Economic Shock in the Caucasus and Central Asia” – below is their description.
With the Caucasus and Central Asia’s strong linkages to Russia and exposure to spillovers from the war in Ukraine, what are the implications of this shock for the region? How is the war’s impact exacerbating the challenges already posed by the COVID pandemic? How can countries in the region navigate this uncertain economic environment while also making progress toward a more resilient, inclusive, and greener future?
A panel of distinguished speakers consider these and other issues explored in the IMF’s newly released Regional Economic Outlook: Middle East and Central Asia in a discussion moderated by Dan Murphy, Anchor and Correspondent, CNBC.
IMF YouTube Channel
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About This Source - IMF
The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.
Ukraine is a large country in Eastern Europe known for its Orthodox churches, Black Sea coastline and forested mountains. Its capital, Kiev, features the gold-domed St. Sophia’s Cathedral, with 11th-century mosaics and frescoes. Overlooking the Dnieper River is the Kiev Pechersk Lavra monastery complex, a Christian pilgrimage site housing Scythian tomb relics and catacombs containing mummified Orthodox monks.