Posted inChina, European Union, Middle East, Russia, World

Cash infusion for Central Asia-Caucasus region

A new International Monetary Fund research paper predicts “massive” investment inflows into the Central Asia-Caucasus (CCA) region from China’s Belt and Road Initiative (BRI) over the next decade, while citing a long list of changes needed in banking and capital markets, fiscal and monetary policy, and the trade and business environment to handle the influx. […]