Beyond Europe Central Asia The Middle East And Global Economy

Beyond Europe: Central Asia, the Middle East and Global Economy is an interesting look at the role of Central Asia and the Middle East in the global and Eurasian economy. Authors of this volume highlight the most important conditions of global and regional cooperation and political and economic competition. The volume provides a broad and critical analysis of regional geoeconomic trends. It underscores the most important conditions of global and regional cooperation and political and economic rivalry, as well as the position of regions in the economic and foreign policy of global and regional powers. The wide selection of examples means that the reader receives a large dose of knowledge about the political and economic realities of these regions, the ongoing processes, and the specifics of the rivalry.

The conflict in Gaza and Israel is yet another shock to the Middle East and North Africa (MENA) region. It is causing immense human suffering and exacerbating an already challenging environment for neighboring economies and beyond. This Update covers economies in the MENA region and does not discuss developments in Israel. It discusses the updated outlook for the region, risks, and policy recommendations.

``Beyond Europe: Reconnecting Eurasia provides a timely and nuanced account of the great powers' policies towards Eurasia. It explores the role of Central Asia and the trends that are shaping the politics of the Eurasian megaregion. With the emphasis on the theme of `reconnection', this volume highlights the challenges of global and regional cooperation and excels in interpreting both the current realities of Eurasia and the driving forces behind them. The volume provides a broad and critical analysis of Eurasia's emergence as a viable geopolitical and geoeconomic powerhouse and discusses the megaregion's standing in foreign and security policies of both global as well as regional powers.'' Prof. Marek Rewizorski, University of Gdansk

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Critical Connections examines how trade, investment, migration, and other linkages among countries drive economic growth in the Europe and Central Asia region. The study breaks new ground by using a multidimensional approach that recognizes how each connectivity channel for growth is likely to be affected by the strength of other channels. This multidimensional view makes it easier to see that diversity in country connections and balance in all channels of connectivity are critical for achieving the greatest impact on growth. Europe and Central Asia provides a great laboratory for observing the role of multidimensional connectivity in action. The region’s 30 countries vary widely in the openness of their economies. Its collective experience shows how the various elements of cross-border connectivity work together to accelerate progrowth knowledge transfers, which in turn boost productivity through participation in today’s global value chains. A country’s economic partner might be just as important as the type of connection. Being well connected to highly connected countries can provide benefits beyond being well connected to comparatively isolated countries. Although greater connectivity can expose countries to external shocks, the report presents fact-based argument for policies that seek to build deeper and more diverse connections within the Europe and Central Asia region and globally. The message is timely. Europe’s once-confident march toward economic integration has slowed over the past decade, with voices in many countries questioning the wisdom of opening to the global economy. Critical Connections serves as a reminder to citizens and policy makers that greater regional and global connectivity has been a tremendous “convergence machine,†? raising living standards of lower-income countries toward those of wealthier middle- to high-income countries.

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Develops a fresh non-Eurocentric analysis of the rise and development of the global economy in the last half-millennium.