Independent and cutting-edge analysis on Turkey and its neighborhood

For the first time, risks and threats resulting from the negative impact of the world crisis on the economy of the Kyrgyz Republic (KR) were mentioned in the statement of the KR President in January 2008. Among those mentioned were reducing liquidity and increased costs of resources in the international financial system, a noticeable decrease in aggregate demand and global trade, increasing uncertainty and lack of trust experienced in 2008. Alongside these factors the Republic’s economy has also been affected by the influence of domestic factors, in particular, unstable operations of the hydropower sector. In 2008-2009 the management of the Republic has not only taken measures to minimize the mentioned risks, but has also committed to implement serious internal economic transformations and reforms.

 

CONTRIBUTOR
Azamat Dikambaev
Azamat Dikambaev
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
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