Kyrgyz Republic: Improving Growth Potential PDF Download

Author: Takashi Yamano
Publisher: Asian Development Bank
ISBN: 9292617370
Category : Political Science
Languages : en
Pages : 266

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Book Description
The Kyrgyz Republic has overcome some complex challenges to now have one of the most open economies in Central Asia. The country has improved its per capita income and living standards and is on the threshold of becoming a lower-middle-income economy. Looking ahead, the main challenge for the Kyrgyz Republic is to build on these successes to stimulate stronger, more broad-based economic growth. This book identifies the economic and governance reforms needed within key sectors to drive this growth. It provides policy suggestions to enhance the country’s trade, agriculture, tourism, finance, information and communications technology, energy, transport and logistics, and human capital.

Author: Asian Development Bank
Publisher:
ISBN: 9789292617363
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This book presents an in-depth analysis of the sector reforms needed to enable the Kyrgyz Republic to achieve higher and more sustainable economic growth.

Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821363560
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
The Kyrgyz Republic has made major strides in the past decade in its transition to a market-based economy. Its trade and investment policies are arguably the most liberal among the member countries of the Commonwealth of Independent States. Despite the generally progressive stance on structural policies and a sound record of macroeconomic management in recent years, economic growth has been modest, living standards are low, a large burden of external debt has accumulated, and integration into global production and trade remains limited. The growth agenda must address more carefully the constraints to greater supply-side response to ongoing reforms--an agenda that can facilitate a broad-based growth of economic activity and exports. Risks to sustainability of current growth rates and continued poverty reduction will otherwise remain high as will the economy's vulnerability to external shocks. This report is aimed at assisting authorities fashioning this agenda by focusing on three key challenges: - Identifying strategic options to strengthen prospects for medium- and long-term growth and poverty reduction; - Assessing ways of leveraging domestic trade policy reforms and existing regional and multilateral trade agreements for further regional and global integration; and - Identifying key areas where greater efforts are necessary to facilitate improvements in enterprise capability and productivity.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292548263
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
The Kyrgyz Republic, among the poorest countries in Central Asia, has also been among the most open to economic reform. The country has experienced significant political and social instability since independence in 1991. In 2010, the country adopted a new constitution and became a parliamentary democracy. The government has set up an ambitious reform program. Yet, the Kyrgyz Republic faces serious challenges ahead. This publication examines factors constraining investments and inclusive economic growth, identifies gaps between policies and their implementation, and discusses options to overcome them.

Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821363577
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
The Kyrgyz Republic has made major strides in the past decade in its transition to a market-based economy. Its trade and investment policies are arguably the most liberal among the member countries of the Commonwealth of Independent States. Despite the generally progressive stance on structural policies and a sound record of macroeconomic management in recent years, economic growth has been modest, living standards are low, a large burden of external debt has accumulated, and integration into global production and trade remains limited. The growth agenda must address more carefully the constraints to greater supply-side response to ongoing reformsOCoan agenda that can facilitate a broad-based growth of economic activity and exports. Risks to sustainability of current growth rates and continued poverty reduction will otherwise remain high as will the economyOCOs vulnerability to external shocks. This report is aimed at assisting authorities fashioning this agenda by focusing on three key challenges: Identifying strategic options to strengthen prospects for medium- and long-term growth and poverty reduction; Assessing ways of leveraging domestic trade policy reforms and existing regional and multilateral trade agreements for further regional and global integration; and Identifying key areas where greater efforts are necessary to facilitate improvements in enterprise capability and productivity."

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821565
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights recent economic developments and performance. The current account deficit continued to widen on account of higher imports driven by strong demand, but was more than financed by private capital inflows. Policy discussions focused on the challenges posed by the sharp uptick in inflation in the context of exogenous shocks and global financial turbulence. Continued fiscal restraint is important both for reducing inflation and for enhancing debt sustainability.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821492
Category : Business & Economics
Languages : en
Pages : 107

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Book Description
The staff report for the Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights the economic developments and policies. To ensure that the external debt ratios fall, the program introduces a new indicative target for concessional public borrowing. Low inflation and strong productivity growth to contain unit labor costs are crucial to set up favorable conditions for nongold exports. The key to boost productivity is higher private investment, and the program focuses on improving the investment climate.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821328
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
The paper describes recent macroeconomic and financial developments and highlights a number of important medium- and longer-term policy issues. Empirical estimates of potential output growth for the Kyrgyz economy based on a number of different methodologies are presented. Competitiveness and trade policy, social policy issues, namely poverty alleviation and pension reform, are also taken up for discussion. Developments in the banking system since 1998 are described. Fiscal issues are discussed and also statistical data on economic indices are presented.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 147550358X
Category : Social Science
Languages : en
Pages : 57

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Book Description
This paper focuses on the Medium-Term Development Program for the Kyrgyz Republic. The aim of this program is to put the economy of the country into a sustainable vector of development and improve the budget status to prevent social effects, increase living standard, and reduce poverty in the country. Implementation of the reforms anticipated by the Program will help to reduce the State budget deficit, enhance the fight against corruption, improve living standards, and decrease social tension in the society.

Author: Economic Commission for Europe
Publisher: United Nations
ISBN: 9210474872
Category : Business & Economics
Languages : en
Pages : 186

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Book Description
This Review contains the outcomes of a policy advisory exercise that drew on the experience accumulated by the UNECE in the identification of good practices and policy lessons in the area of knowledge-based development, with particular reference to the problems of countries with economies in transition, in this case Kyrgyzstan. It provides a set of recommendations and policy options to stimulate innovation activity in the country, enhance its innovation capacity and improve the overall efficiency of the national innovation system.