Kyrgyz Republic: Improving Growth Potential

Kyrgyz Republic: Improving Growth Potential PDF 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.

Kyrgyz Republic: Improving Growth Potential

Kyrgyz Republic: Improving Growth Potential PDF Author: Takashi Yamano
Publisher: Asian Development Bank
ISBN: 9292617370
Category : Political Science
Languages : en
Pages : 266

Get Book

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.

Kyrgyz Republic

Kyrgyz Republic PDF 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.

Enhancing the Prospects for Growth and Trade of the Kyrgyz Republic

Enhancing the Prospects for Growth and Trade of the Kyrgyz Republic PDF 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.

The Kyrgyz Republic

The Kyrgyz Republic PDF 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.

Enhancing the Prospects for Growth and Trade of the Kyrgyz Republic

Enhancing the Prospects for Growth and Trade of the Kyrgyz Republic PDF 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."

Kyrgyz Republic

Kyrgyz Republic PDF 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.

Kyrgyz Republic

Kyrgyz Republic PDF 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.

Kyrgyz Republic

Kyrgyz Republic PDF 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.

Tourism in the Kyrgyz Republic

Tourism in the Kyrgyz Republic PDF Author: Sadyrbek Kozhokulov
Publisher: Springer Nature
ISBN: 3030829502
Category : Science
Languages : en
Pages : 158

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Book Description
This book aims to identify the impact of tourism on social and economic development in the Issyk-Kul region of Kyrgyzstan, and to predict the development of the tourism industry and identify any limiting factors for the development of the tourism industry in the Republic as a whole. The impacts of tourism on the region have been poorly understood since the country gained independence in 1991, and so improved methods for identifying and increasing the contribution of the tourism industry to the economic and social development of the region are needed. The book assesses the impact of tourism on the socio-economic situation in the Issyk-Kul region is assessed on the basis of statistical modelling and GIS mapping, provides a comparative analysis of the categories and types of tourism in the regions of the Republic, in particular in the Issyk-Kul region, and identifies factors that have a negative impact on the country’s tourism potential, as well as the shortcomings and prospects for future development. The book's primary audience will be scholars and researchers whose research focuses on the socio-economic impacts of tourism, as well as students and planners. It is expected that it will become a source of information and inspiration for all readers who feel responsible for initiating sustainable development and sustainable use of tourism resources in Kyrgyzstan and other countries.

Kyrgyz Republic

Kyrgyz Republic PDF 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.