https://akipress.com/news:817319:2024_World_Development_Report_presented_in_Bishkek/
Media Source: Akipress (Kyrgyz Republic)
Date: 4 February 2025
The University of Central Asia (UCA) and the World Bank Office in the Kyrgyz Republic hosted the launch of the 2024 World Development Report: The Middle-Income Trap at UCA’s office in Bishkek, Kyrgyz Republic. The event brought together researchers, academics and economists to discuss actionable strategies for
The University of Central Asia (UCA) and the World Bank Office in the Kyrgyz Republic hosted the launch of the 2024 World Development Report: The Middle-Income Trap at UCA’s office in Bishkek, Kyrgyz Republic. The event brought together researchers, academics and economists to discuss actionable strategies for overcoming the middle-income trap and ensuring long-term economic growth in Central Asia. In his opening remarks, Prof. Christopher Gerry, Rector of UCA, emphasised the region’s progress and the challenges ahead, stating "Central Asian nations have made significant strides in economic development. As they work toward high-income status, they must navigate multiple hurdles. It is crucial to adapt the insights from the World Bank report to our region, leveraging our strengths - a young and dynamic population, rich cultural heritage, abundant natural resources, and a growing digital economy - to drive sustainable progress."