Category Archives: TRADE

TOURISM INDUSTRY IN THE CENTRAL ASIAN REGION: KEY CHALLENGES AND OPPORTUNITIESFOR SUSTAINABLE FUTURE

TOURISM INDUSTRY IN THE CENTRAL ASIAN REGION: KEY CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE FUTURE The Central Asian region, including Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan, is famous for its picturesque landscapes, diverse cultures and rich history. In recent years, the region has emerged as a promising destination for international travellers seeking unique experiences in remote locations. […]

Sovereign Parametric Catastrophe Bonds as means to address the protection gap in emerging countries

Summary Of the $232bn. of economic losses from natural disasters in 2019, only $71bn. was insured. 35% level of catastrophe risk coverage in advanced countries downsizes to only 6% in emerging economies. Out of existing disaster risk finance arrangements, the Sovereign Parametric Catastrophe Bonds seem to be the most viable instrument for the ECIS region. […]