Kyrgyz Republic Country Economic Memorandum
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Kyrgyz Republic Country Economic Memorandum
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Author : Izvorski
language : en
Publisher:
Release Date : 2020
Kyrgyz Republic Country Economic Memorandum written by Izvorski and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Kyrgyz Republic
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Author :
language : en
Publisher:
Release Date : 2005
Kyrgyz Republic written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Electronic book categories.
Kyrgyz Republic
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Author :
language : en
Publisher:
Release Date : 2005
Kyrgyz Republic written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Electronic book categories.
Kyrgyz Republic
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Author : Weltbank
language : en
Publisher:
Release Date : 2012
Kyrgyz Republic written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
This Country Economic Memorandum is aimed at helping the authorities in the Kyrgyz Republic identify factors explaining the apparent divergence between policies and outcomes, with a view to determining priorities for reform in the coming period. The main messages of the report are: 1) Kyrgyz policymakers should take advantage of the currently favorable nexus of a stable macro-environment, relatively strong gold production and international prices, and fast-growing neighboring markets, to address lingering policy and institutional deficiencies that limit the efficient restructuring of the economy away from its dependence on primary agriculture, mining and hydro-power. Action is needed to provide for more rapid progress with poverty reduction, and to mitigate the impact on the economy of an expected major decline in gold production by the end of the decade. Detailed quantitative analysis reveals a significant unrealized growth potential in agriculture and livestock products, agro processing and light manufacturing, based on prevailing inter-sectoral linkages in the Kyrgyz economy. 2) The prospects for successfully changing the growth pattern and trajectory, depend fundamentally on accelerated investment and export diversification. The contribution of foreign direct investments (FDI) to non-gold real sector investment has been minuscule over the past decade, limiting opportunities for much needed technology transfer and access to global value chains. The weaknesses of the export sector are reflected in the steady erosion of the Kyrgyz share of traditional regional markets. The report proposes a strategy for economic-cum-export diversification that requires simultaneous actions to address external, and domestic trade policy issues. Poor infrastructure, limited competitive pressures and low-level corruption, however, combine to raise trading costs to often prohibitively high levels. Safeguard measures remain a potential problem, and technical barriers to trade are pervasive in the CIS countries and elsewhere, although their impact on Kyrgyz exports has apparently been modest to date. Over the past few years, the government has adopted a range of measures aimed at reducing administrative barriers and strengthening the commercial legal system through a highly participatory reform process. In the end, however, it is firms not countries that are on the front line of international competition and business development. Favorable national circumstances, such as suppor...
Kyrgyz Republic
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Author : Weltbank
language : en
Publisher:
Release Date : 2012
Kyrgyz Republic written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
This Country Economic Memorandum is aimed at helping the authorities in the Kyrgyz Republic identify factors explaining the apparent divergence between policies and outcomes, with a view to determining priorities for reform in the coming period. The main messages of the report are: 1) Kyrgyz policymakers should take advantage of the currently favorable nexus of a stable macro-environment, relatively strong gold production and international prices, and fast-growing neighboring markets, to address lingering policy and institutional deficiencies that limit the efficient restructuring of the economy away from its dependence on primary agriculture, mining and hydro-power. Action is needed to provide for more rapid progress with poverty reduction, and to mitigate the impact on the economy of an expected major decline in gold production by the end of the decade. Detailed quantitative analysis reveals a significant unrealized growth potential in agriculture and livestock products, agro processing and light manufacturing, based on prevailing inter-sectoral linkages in the Kyrgyz economy. 2) The prospects for successfully changing the growth pattern and trajectory, depend fundamentally on accelerated investment and export diversification. The contribution of foreign direct investments (FDI) to non-gold real sector investment has been minuscule over the past decade, limiting opportunities for much needed technology transfer and access to global value chains. The weaknesses of the export sector are reflected in the steady erosion of the Kyrgyz share of traditional regional markets. The report proposes a strategy for economic-cum-export diversification that requires simultaneous actions to address external, and domestic trade policy issues. Poor infrastructure, limited competitive pressures and low-level corruption, however, combine to raise trading costs to often prohibitively high levels. Safeguard measures remain a potential problem, and technical barriers to trade are pervasive in the CIS countries and elsewhere, although their impact on Kyrgyz exports has apparently been modest to date. Over the past few years, the government has adopted a range of measures aimed at reducing administrative barriers and strengthening the commercial legal system through a highly participatory reform process. In the end, however, it is firms not countries that are on the front line of international competition and business development. Favorable national circumstances, such as suppor...
Kyrgyz Republic
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2005-03-29
Kyrgyz Republic written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-03-29 with Business & Economics categories.
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
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2002-07-19
Kyrgyz Republic written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-07-19 with Business & Economics categories.
This paper evaluates the Kyrgyz Republic’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). All quantitative performance criteria have been observed, and the program is on track. The end-March net international reserves target was exceeded by 20 percent of reserve money, and net domestic assets remained below the program ceiling by 4 percent of reserve money. The program’s fiscal performance criteria were also met. The program conditionality on structural reforms was satisfied.
Kyrgyz Republic Recent Economic Developments
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Author :
language : en
Publisher:
Release Date : 1999
Kyrgyz Republic Recent Economic Developments written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Kyrgyzstan categories.
Country Economic Review
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Author :
language : en
Publisher:
Release Date : 1999
Country Economic Review written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Economic forecasting categories.
Kyrgyz Republic
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2000-10-30
Kyrgyz Republic written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-10-30 with Business & Economics categories.
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.