Independent and cutting-edge analysis on global affairs

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
This issue was published in collaboration with AmCham Turkey.
From the Desk of the Editor TPQ’s Winter 2019/20 issue, published in collaboration with AmCham Turkey, titled A Long-Lasting Affinity: Acknowledging US-Turkey Ties, lays out how strong cultural, educational, and professional relationships across different sectors culminate in beneficial partnerships and success stories. Our dedicated readers will realize that this Winter issue is a continuation of our new brand TPQ...
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