It takes the average reader 1 hour and 15 minutes to read Paving the Way to More Resilient, Inclusive, and Greener Economies in the Caucasus and Central Asia by Nikoloz Gigineishvili
Assuming a reading speed of 250 words per minute. Learn more
Raising long-term growth and resilience and improving living standards and inclusion are the top economic policy priorities for countries in the Caucasus and Central Asia (CCA). The region responded strongly to the COVID shock, which unavoidably caused a contraction in output and an increase in poverty and inequality. While the region is at the crossroads between the West and the East as it is facing heightened uncertainty due to Russia's war in Ukraine and the rising risk of global fragmentation. Climate change is an additional challenge that could have a significant negative impact on CCA countries in the long term. These challenges, however, also offer an opportunity for the region to develop a new growth model that could strengthen long-term resilience, accelerate income convergence with more advanced country peers, and improve human development and social outcomes. The paper argues that a more market-based allocation of limited resources is needed to channel capital and labor to their most productive use. The private sector needs to become a key driver of economic activity while the state provides a competitive and market-friendly business environment, delivers essential public goods and services, addresses externalities and market failures, and mitigates systemic risks. The state also retains a critical role in mobilizing public support and resources for climate policies and protecting the vulnerable. Well-designed social safety nets play a key role in reducing poverty and inequality and are essential to the new economic growth model to support human capital development and alleviate the impact of structural reforms on the most vulnerable.
Paving the Way to More Resilient, Inclusive, and Greener Economies in the Caucasus and Central Asia by Nikoloz Gigineishvili is 74 pages long, and a total of 18,796 words.
This makes it 25% the length of the average book. It also has 23% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 42 minutes to read Paving the Way to More Resilient, Inclusive, and Greener Economies in the Caucasus and Central Asia aloud.
Paving the Way to More Resilient, Inclusive, and Greener Economies in the Caucasus and Central Asia is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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