Regional Economic Outlook: Caucasus and Central Asia

On 1 November (Wednesday), KIMEP Central Asian Studies Center (CASC) and Financial Economics Club (FEC) are hosting a presentation based on IMF Regional Economic Outlook: «Regional Economic Outlook: Caucasus and Central Asia»

Presenter: Jüha Kähkönen, Deputy Director of Middle East and Central Asia Department of the International Monetary Fund (IMF)

Discussant: Eldar Madumarov, Assistant Professor at the Department of Economics, KIMEP University

After a significant slowdown in economic activity in 2016, growth in the Caucasus and Central Asia (CCA) region is expected to pick up in 2017 and further accelerate in 2018.

  • What are the reasons behind the expected rebound in economic activity, and what are the projections for the medium term?
  • How are governments and central banks responding to the challenges facing the region?
  • What more needs to be done to help achieve strong, resilient and inclusive growth?

Time: 1 November (Wednesday), 16:00-17:00
Place: Hall 237, Valikhanov Building, KIMEP University
Language: English


Jüha Kähkönen is Deputy Director, Middle East and Central Asia Department, IMF, since March 2012. He oversees the department’s work on Egypt, the West Bank and Gaza, and the CCA (Caucasus and Central Asia) countries. Prior to joining the IMF, in 1982–86, Dr. Kähkönen worked as assistant professor at New York University, associate professor and professor at Helsinki School of Economics, and research advisor at the Bank of Finland. He joined the IMF in 1986 and worked in the Research, Asian, Policy Development and Review, and European Departments. Past assignments include period as resident representative in India, work on advanced and emerging market countries in Asia (Japan, Singapore, Poland, Thailand), heading IMF missions to Albania, Bulgaria, Turkey, Germany, and Russia, and reviewing IMF work on some 50 countries representing all continents. He received his PhD from the University of Michigan in 1982.

Eldar Madumarov is an Assistant Professor at the Economics Department of KIMEP University. Having completed his undergraduate and graduate (PhD in Economics from the University of Oldenburg, Germany) along with his postgraduate degree programs in economics, he joined the KIMEP University faculty in August 2009. He has gained his practical experience as a project team member in development programs such as Private Sector Promotion (GTZ) and Sustainable Economic Development (GTZ). His current research interests include the following topics: economic growth and development, institutional economics, international trade and investment and transition economics.

Tags: