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The pandemic opens an opportunity to reset CAREC’s aviation industry through green lanes and domestic tourism, among others.  

FDI-recipient countries show positive growth in productivity but their technology gains depend on absorption capacity.

Countries need to adopt new regulations and technologies to counter an estimated $66 million net welfare loss by 2040.

CAREC countries adopt diversification strategies as they shift to a market-oriented agriculture.

Local government can enhance the developmental impact of remittances, increase migrants’ capacities, and support their communities.

Increase production and consumption of renewables to improve energy security and to also lower emissions per capita and carbon intensity.

To preserve lives and revive the economy, countries need to plan ahead to secure sufficient supplies of the future COVID-19 vaccine.

Privatization and corporatization can reduce costs, raise productivity, and improve social welfare.

The globalization of commerce requires consistent laws and regulations not only to authorize but also to regulate electronic communications.

This study examines the impediments and gaps that hinder the growth of regional trade and ways to reverse declining trade efficiency.