The Changing Structure of National Economies

in Eurasia and Caucasus

online event

December 10 and 11, 2020



The countries of the Caucasus and Central Asia (CCA) region took swift measures to mitigate the spread and impact of the Covid-19 virus. This comes at a steep economic cost, as the region faces a double impact from lockdowns and from a sharp decline in oil prices. As countries reopen, policymakers in the region must lay the groundwork for recovery to rebuild stronger, more resilient, and more inclusive economies. Not only should innovation, decarbonization and social protection be placed on the agenda to anchor and empower Eurasia, but diversification strategies should also be a priority. As part of building back better, the role and the reform of state-owned enterprises (SOE) should also be carefully assessed. It seems that the governments’ large role in the economy impedes efficiency and entrepreneurship. What should be the best road map for reform to improve governance and prepare a process for privatization?



Post Covid 19: The Changing Structure of National Economies in Eurasia and Caucasus- “Building back better”

  • Jacob Frenkel, Chairman of the Board ,Frenkel Zuckerman Institute for Global Economics (chair)
  • Koba Gvenetadze, Governor, Central Bank of Georgia
  • Christopher Weafer, Chief Executive, Macro-Advisory Ltd.
  • Sylvain Broyer,Chief EMEA Economist, S&P Global Rating  
  • Werner Liepach, Director General, Western and Central Asia, ADB
  • Baur Bektemirov, Chief Economist, AIFC

Building Back Better: From Corridor to Economic Platform? Empowering Eurasia in the Global and Regional Value Chains

  • Hans Holzhacker, Chief Economist, Carec Institute
  • Olga Yangol, Former Portfolio Manager, Emerging Markets Debt HSBC  Global Asset Management
  • Kamiljon Akramov, Senior Research Fellow at Development Strategy & Governance Division, International Food Policy Research Institute
  • Assel Zhanassova, Deputy Minister of Trade and Integration, Kazakhstan

The Repurposing of the State: Reform of State-Owned Enterprises in Eurasia

  • Farhad Taghizadeh-Hesary, Associate Professor of Economics, Tokai University, Japan
  • Rika Ishii, Lead Economist for Industry, Commerce and Agribusiness sector at the Country Sector Economics Department, EBRD
  • Nicolas Blancher, Mission Chief for Kazakhstan and Division Chief for Central Asia in the IMF’s Middle East and Central Asia Department
  • Hans Christiansen, Senior Economist, Corporate Governance and  Corporate Finance Division. OECD
  • Aziza Umarova, CEO Smart Gov, Uzbekistan

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