January 7, 2021
Corruption remains one of the main threats for global development as it persists in the majority of countries. It is a major challenge not only for developing states, but also for the advanced ones. Data shows that annual costs of corruption, bribery, theft and tax evasion, and other illicit financial […]
December 10, 2020
The COVID-19 pandemic has caused a tremendous global economic shock jeopardizing the development and economic growth accumulated in recent years. According to the latest World Bank’s economic prospects, the world is about to face a 5.2% of global GDP decline in 2020, which would be the most severe recession since […]
November 9, 2020
Increasing levels of debt became a common concern for many advanced and developing countries. Debt-to-GDP ratios are historically high in the United States, Germany, France and other advanced economies. Rapid growth of government expenditure as the result of many social programs, lower tax revenues, increasing share of elders among population […]
November 9, 2020
The COVID-19 pandemic has revealed how vital digital technologies are in our life. Unforeseen technological consequences of lockdown and quarantine measures caught unaware both peoples and governments. They also tested the readiness and capabilities of information and communication technologies (ICTs) and digital services of countries since a large part of […]
October 25, 2020
When, in mid-January 2020, President of China Xi Jinping paid a visit to Myanmar, where he signed agreements on new infrastructure projects, it seemed that nothing could interfere with the Chinese Belt and Road initiative (BRI) [Koh, 2020]. Then, the probability of a global pandemic was low and China was […]
October 25, 2020
The COVID-19 pandemic revealed the importance of digital solutions in our everyday activities and opened new horizons of digitalization. The total quarantine regime boosted the importance of monitoring technologies, which subsequently enhanced opportunities for providers of digital infrastructure. The Central Asian states, in accordance with the global practice, have also […]
October 24, 2020
International trade has been and remains one of the most important factors impacting on the basic growth indicators. Many studies show that relations between trade and economic growth are positive and strong. Frankel and Romer (1999) indicate that both within-country and international trade raise income by accumulation of physical and […]
October 24, 2020
Climate change became one of the biggest challenges to our planet and every creature living on it. Therefore, it is acknowledged as one of the key global challenges of the 21st century. Numerous reports and official statements of states and international organizations emphasize the potential threat from climate change that […]
October 24, 2020
On December 19-20, 2019, a meeting of the heads of the national railways of Azerbaijan, Georgia, Kyrgyzstan, Turkmenistan and Uzbekistan was held in Tashkent. The agenda of the negotiations was the development of an international multimodal route. The meeting was productive, as the parties agreed to launch a pilot train […]
June 1, 2020
As the novel coronavirus ravages through the world, reaching more than 6 million cases in total, people all over the globe wonder if the pandemic and its subsequent implications are to end anytime soon. Unfortunately, there is a consensus among experts that it is impossible to talk about the end […]