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In the Face of Grim Challenges, Uzbekistan Forges Ahead on Privatisation

Despite a pandemic, a European war involving its closest trading partner and the growing threat of a global recession, Uzbekistan is forging ahead with a privatisation program which, it’s hoped, will power its economy into middle-income status. The challenges couldn’t

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Lord Waverley: First In, Best Dressed — UK’s Bid to Join Key Regional Trade Agreement

The United Kingdom has applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between 11 countries stretching from Vietnam to Peru, including Japan. Its members contain some of the fastest-growing economies in the world,

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World Bank: Investment Push Needed for Green, Resilient and Inclusive Development

As we enter the third year of the COVID-19 crisis, we face a world with a serious ‘reversal’ problem – a reversal in development progress made over the last 20 years, of a magnitude not seen in a generation. It

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OECD: Plugging the SDG Financing Gap

Ensuring Blended Finance can mobilise private finance, particularly in the Least Developed Countries and towards Social Sectors, will require a systemic and transformational approach. Even before the arrival of COVID-19, the SDG financing gap was significant. The private sector is

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The Fed vs the Communist Party

Recent quarters, months, and weeks have seen a remarkable clash between the goals of the US Federal Reserve and Chinese Communist Party. One is trying to expand credit into a “supercharged, super-fair recovery”, the other trying to rein-in what they

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Uzbekistan on the Path to Becoming Carbon-Neutral

In the race to become carbon-neutral, it is useful to look at where the race began. In Uzbekistan, a nation rich in natural gas, it began with nearly all energy requirements — 96.75 percent in 2019 — being met by

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Uzbekistan Celebrates 3,000-Year Heritage with Largest Science Event of its Kind

5th Annual Congress of the “World Society for the Study, Preservation and Popularization of the Cultural Heritage of Uzbekistan” held as part of UNESCO-backed event Uzbekistan hosted the 5th Anniversary Congress of the World Society for the Study, Preservation and Popularization

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Global Imbalances and the Pandemic

The International Monetary Fund’s tenth annual External Sector Report (ESR, August 2021) shows how current account deficits in the global economy widened in 2020 during the pandemic. On the other hand, the ESR also argues that overall, the misalignment between

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Naomi Osaka: Champion of Tennis, Fashion — and Endorsements

Naomi Osaka has stormed the tennis scene, snatching up enough titles and endorsements to break some of the game’s most impressive records. Her victories over Serena Williams at the 2018 US Open and the 2021 Australian Open have cemented her

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China’s Renminbi Needs Convertibility to Internationalise

On July 21, the Official Monetary and Financial Institutions Forum (OMFIF) published its eighth annual report on Global Public Investors (GPI). It included a survey the asset allocation plans of reserve managers of central banks, sovereign wealth funds, and public

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