Kyrgyz Republic : Country Economic Memorandum - Enhancing the Prospects for Growth and Trade, Volume 1, Main Report

Vista sencilla de ítem
dc.creatorWorld Bank
dc.date2012-06-20T14:40:36Z
dc.date2012-06-20T14:40:36Z
dc.date2005-01
dc.date.accessioned2026-07-01T01:04:58Z
dc.descriptionThis 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 supportive macroeconomic conditions, friendly investment climates, and market-expanding trade agreements, contribute to competitiveness, but they do not guarantee success.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2005/01/5633352/kyrgyz-republic-country-economic-memorandum-enhancing-prospects-growth-trade-vol-1-2-main-report
dc.identifierhttps://hdl.handle.net/10986/8508
dc.identifierhttps://doi.org/10.1596/8508
dc.identifier.urihttp://hdl.handle.net/123456789/415057
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectACTUAL COSTS
dc.subjectAGRICULTURE
dc.subjectBANK LENDING
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBROKERS
dc.subjectCERTIFICATES
dc.subjectCLEARANCE
dc.subjectCOLLATERAL
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITIVE ADVANTAGE
dc.subjectCOMPETITIVE ADVANTAGES
dc.subjectCOMPETITIVENESS
dc.subjectCREDIT LINES
dc.subjectCURRENCY
dc.subjectDEBT
dc.subjectDIRECT INVESTMENT
dc.subjectDISCOURAGED WORKERS
dc.subjectDOMESTIC TRADE
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC RECOVERY
dc.subjectECONOMIC RESOURCES
dc.subjectECONOMIC STRUCTURE
dc.subjectECONOMIC WELFARE
dc.subjectELECTRONIC DATA INTERCHANGE
dc.subjectEMPLOYMENT
dc.subjectENDOWMENTS
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPORT GROWTH
dc.subjectEXPORTS
dc.subjectEXPOSURE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEMS
dc.subjectFISCAL POLICY
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINFLATION RATES
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL TRADE
dc.subjectLABOR COSTS
dc.subjectLABOR PRODUCTIVITY
dc.subjectLEGISLATION
dc.subjectLINKAGES
dc.subjectLIVESTOCK PRODUCTS
dc.subjectLIVING STANDARDS
dc.subjectLOCAL ENTERPRISES
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARGINS
dc.subjectMULTILATERAL TRADE
dc.subjectMULTIPLIERS
dc.subjectNOW ACCOUNTS
dc.subjectORGANIZATIONAL STRUCTURES
dc.subjectPOVERTY LINE
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTION PATTERNS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectQUANTITATIVE ANALYSIS
dc.subjectREAL GDP
dc.subjectREAL INTEREST RATES
dc.subjectREAL SECTOR
dc.subjectREGULATORY FRAMEWORK
dc.subjectSAM
dc.subjectSECURITIES
dc.subjectSECURITIES TRADING
dc.subjectSETTLEMENT
dc.subjectSUBSTITUTION
dc.subjectTAXATION
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE BARRIERS
dc.subjectTRADE FINANCE
dc.subjectTRADE FLOWS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSITION ECONOMIES
dc.subjectTRANSPORT
dc.subjectVALUATION
dc.subjectVALUE ADDED
dc.subjectWAGE DIFFERENTIALS
dc.subjectWAGES
dc.subjectWTO
dc.titleKyrgyz Republic : Country Economic Memorandum - Enhancing the Prospects for Growth and Trade, Volume 1, Main Report

Archivos

Colecciones

AgroKnow