Virtual Conference on COVID-19 and Economic Recovery Potential in the CAREC Region

Event | 4 - 5 March 2021
Online

Time of event

10:45–17:00 Beijing time

Summary

The Central Asia Regional Economic Cooperation (CAREC) Institute, in partnership with ADBI, held a virtual conference examining the economic impacts of COVID-19 in CAREC member countries and the region’s recovery potential. The focus was on related policy challenges and solutions for enabling sustainable development and economic integration beyond the pandemic.

Objectives
  • Assess the effects of the COVID-19 crisis in CAREC economies
  • Spotlight evidence-based policy recommendations for strengthening pandemic recovery in the region
Participants
  • Policy makers and experts from think tanks, universities, and other institutions, as well as post-graduate students and interested members of the public
Output
  • Enhanced understanding of the economic impacts of COVID-19 in CAREC countries and keys to boosting their recovery potential
  • Impetus for greater policy dialogue, research, and collaboration on post-pandemic sustainable development and economic integration in the region
  • Development of a related book
Partner
  • Central Asia Regional Economic Cooperation Institute
Conference Presentations

Session 1.1.1: Digital Transformation in Central Asia: Challenges and Lessons Learned from the Global Pandemic
Farrukh Khakimov, Development Strategy Center, Uzbekistan

Slide

Session 1.2.1: Improved Health Conditions and Digital Transformation: A Post-COVID-19 Analysis
Muhammad Zeshan, Consultant, The World Bank, Islamabad, Pakistan

Slide

Session 1.3.1: E-commerce Taxation in Central Asia: Current State and Opportunity for Reform
Nikolai Milogolov, PhD, Head of Laboratory of Tax Policy Research at the Institute of Applied Economic Research of the Russian Presidential Academy of National Economy and Public Administration (RANEPA), Russia

Slide

Session 1.3.2: E-commerce Taxation in Central Asia: Current State and Opportunity for Reform
Minsoo Lee, Senior Economist, Regional Cooperation and Operations Coordination, Central and West Asia Department, ADB

Slide

Session 1.4.1: Adaptability Towards Teleworking Arrangements: Evidence from Pakistan
Umer Khalid, Director Research, Policy Research, Innovation, Development and Education (PRIDE), Pakistan

Slide

Session 1.4.2: Adaptability Towards Teleworking Arrangements: Evidence from Pakistan
Daniel Suryadarma, Research Fellow, ADBI

Slide

Session 1.5.1: Financial Inclusion in the CAREC Region: Promoting Fintech to Meet Underserved Needs in Trade Finance
Minsoo Lee, Senior Economist, Regional Cooperation and Operations Coordination, Central and West Asia Department, ADB

Slide

Session 2.1.1: How Kazakhstan Sees ASEAN and its Member Countries in a Post COVID-19 New Normal
Alessandro Arduino, Principal research fellow MEI, National University of Singapore
Paradorn Rangsimaporn, Minister-Counsellor and Deputy Head of Mission, Royal Thai Embassy, Nur-Sultan, Kazakhstan
Inkar Aitkuzhina, Database Specialist, Apple South Asia

Slide

Session 2.1.2: How Kazakhstan Sees ASEAN and its Member Countries in a Post COVID-19 New Normal
Dina Azhgaliyeva, Research fellow, ADBI

Slide

Session 2.2.1: Pakistan's Economic Recovery and Development in the Post-Epidemic Era (COVID-19)-To Explore the Prospects of PRC-Pakistan Energy Cooperation
Lv Zhiping, Xinjiang University of Finance and Economics

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Session 2.3.1: Impact of COVID-19 Pandemic on Pakistan & Central Bank Response
Muhammad Moaiz Siddiqui, Deputy Director, Financial Stability Department, State Bank of Pakistan

Slide

Session 2.4.1: Debt and Debt Sustainability in the CAREC Region
Naseem Faraz, Pakistan Institute of Development Economics

Slide

Session 3.1.1: COVID-19 Impact on the Sustainable Development of Cities of Central Asia: The Case Study of the Capital City of Afghanistan
Madina Junussova, Senior Research Fellow, Institute of Public Policy and Administration, University of Central Asia, Kyrgyzstan

Slide

Session 3.2.1: Recovering from the Impact of the COVID-19 Pandemic on the Tourism Industry in Selected Central Asia Regional Economic Cooperation (CAREC) Countries
Nam Foo, Research Associate, School of Business and Law, Edith Cowan University, Perth / Lecturer, Curtin University, Perth, Western Australia

Slide

Session 3.3.1: Network Analysis of Tourism Stocks During COVID-19 Pandemic: An Evidence from CAREC Region
Tahir Mumtaz Awan, Department of Management Sciences, Comsats University, Pakistan
Mrestyal Khan, Department of Management Sciences, Comsats University, Pakistan

Slide

Session 4.1.1: Impact of the COVID-19 pandemic on Small and Medium Enterprises in the CAREC Region
Brendan Duprey, Director of SKRI at Narxoz University, Kazakhstan
Aizhan Salimzhanova, Lecturer, Kazakh-British Technical University, Kazakhstan

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Session 4.1.2: Impact of the COVID-19 pandemic on Small and Medium Enterprises in the CAREC Region
Ranjeeta Mishra, Project Consultant, ADBI

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Session 4.2.1: Analysis of COVID-19 Pandemic’s Impacts on Azerbaijan’s Oil Industry: Policy Lessons in Hard Times
Ulviyye Aydin, Assoc. Prof. Dr. Manisa Celal Bayar University, Department of Political Science and International Relations, Turkey

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Session 4.2.2: Analysis of COVID-19 Pandemic’s Impacts on Azerbaijan’s Oil Industry: Policy Lessons in Hard Times
Kamalbek Karymshakov, Economist, Chief Economist Group, CAREC Institute

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Session 4.3.1: Impact of psychological distress due to COVID-19 risk on bank employees' performance: Moderating effect of e-banking services
Waheed Ali, School of Economics and Finance, Xian Jiaotong University, China

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Session 4.4.1: Converging Environmental Necessities and Energy Requirements: Producing Renewable Energy and Hydrogen for Economic Revitalization and Growth in the Post-COVID-19 Pandemic
Hooman Peimani, Affiliated Fellow, International Institute for Asian Studies (IIAS) and Energy Programme Asia, Leiden University, the Netherlands

Slide

Session 4.5.1: Impact of COVID-19 on Small and Medium-sized enterprises in Central Asia: Coping Strategies, Government Responses and Policy Options
Falendra Kumar Sudan, Professor of Economics, University of Jammu, Jammu, Jammu and Kashmir, India

Slide

Special Session: COVID-19 and Potential for Economic Recovery in CAREC
Dina Azhgaliyeva, Research Fellow, ADBI

Slide