Mining Industry as a Source of Economic Growth in Kyrgyzstan PDF Download
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Author: Valentine Bogdetsky
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The study 'Mining as a source of economic growth in Kyrgyzstan' is developed by the project implementation unit of the World Bank for 'building capacity in governance and revenues streams management for mining and natural resources'. This study is aimed at defining a role for the mining industry in the country and evaluating its possible impacts on economic development in the future. Mineral resources development is an essential condition for successful economic development of Kyrgyz Republic. In fact, it is the only possible way to raise social welfare in remote high mountainous regions. At the present time, some recovery of investment activities in mining industry has been observed. However, the lack of long-term capital investments in mining and geological exploration projects is still acutely felt. International experts have noted more than once that in spite of the significant size of territory and good level of geological study, the minerals potential of the country remains underdeveloped. At present, its output is 25.578 billion som or 48 percent of all the industrial production. Its share in Gross Domestic Product (GDP) is 10.2 percent, in export volume-41.1 percent and tax revenues - 11 percent. The royalty on subsoil use yields budget revenues of 568.0 million som per year. The mining industry involves more than 15 thousand workers. Monthly average wage is about 10 600 som about four times higher than the average for Kyrgyzstan, which was 2240.3 som in 2004. The study showed that creation of one job in mining industry would lead to creation of 1.6 jobs in related industries that provide supply of goods and services for mining. The prognosis of mining sector development to 2020 is made on the basis of the results of the study of data related to: production volume, direct and indirect employment, tax revenues to state budget. The implementation of recommended reforms will require significant efforts by the Government. However, they will be repaid by the enhancement of mining industry, which will become a substantial source of economic growth in Kyrgyzstan.
Author: Valentine Bogdetsky
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The study 'Mining as a source of economic growth in Kyrgyzstan' is developed by the project implementation unit of the World Bank for 'building capacity in governance and revenues streams management for mining and natural resources'. This study is aimed at defining a role for the mining industry in the country and evaluating its possible impacts on economic development in the future. Mineral resources development is an essential condition for successful economic development of Kyrgyz Republic. In fact, it is the only possible way to raise social welfare in remote high mountainous regions. At the present time, some recovery of investment activities in mining industry has been observed. However, the lack of long-term capital investments in mining and geological exploration projects is still acutely felt. International experts have noted more than once that in spite of the significant size of territory and good level of geological study, the minerals potential of the country remains underdeveloped. At present, its output is 25.578 billion som or 48 percent of all the industrial production. Its share in Gross Domestic Product (GDP) is 10.2 percent, in export volume-41.1 percent and tax revenues - 11 percent. The royalty on subsoil use yields budget revenues of 568.0 million som per year. The mining industry involves more than 15 thousand workers. Monthly average wage is about 10 600 som about four times higher than the average for Kyrgyzstan, which was 2240.3 som in 2004. The study showed that creation of one job in mining industry would lead to creation of 1.6 jobs in related industries that provide supply of goods and services for mining. The prognosis of mining sector development to 2020 is made on the basis of the results of the study of data related to: production volume, direct and indirect employment, tax revenues to state budget. The implementation of recommended reforms will require significant efforts by the Government. However, they will be repaid by the enhancement of mining industry, which will become a substantial source of economic growth in Kyrgyzstan.
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.
Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464815801
Category : Business & Economics
Languages : en
Pages : 402
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Book Description
The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
Author: IBP USA
Publisher: Lulu.com
ISBN: 1438767978
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Kyrgyzstan Investment and Business Guide - Strategic and Practical Information
Author: IBP, Inc.
Publisher: Lulu.com
ISBN: 1514530031
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
Kyrgyzstan Investment and Business Guide Volume 1 Strategic and Practical Information
Author: Alica Daly
Publisher: Cambridge University Press
ISBN: 110884278X
Category : Business & Economics
Languages : en
Pages : 381
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Book Description
Offering the first in-depth global analysis of the innovation ecosystem in the mining industry, this book is aimed at policy-makers and academia alike. A wide range of international contributors assess this from different perspectives, using both a novel mining patent and innovation database and a wide set of analytical approaches.
Author: Marlene Laruelle
Publisher: Routledge
ISBN: 1317469631
Category : Political Science
Languages : en
Pages : 414
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Book Description
In this global era, Central Asia must be understood in both geo-economic and geopolitical terms. The region's natural resources compel the attention of rivalrous great powers and ambitious internal factions. The local regimes are caught between the need for international collaborations to valorize these riches and the need to maintain control over them in the interest of state sovereignty. Russia and China dominate the horizon, with other global players close behind; meanwhile, neighboring countries are fractious and unstable with real potential for contagion. This pathbreaking introduction to Central Asia in contemporary international economic and political context answers the needs of both academic and professional audiences and is suitable for course adoption.
Author: Burkhard Schwenker
Publisher: Springer Science & Business Media
ISBN: 3658028750
Category : Business & Economics
Languages : en
Pages : 214
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Book Description
In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.
Author: Kym Anderson
Publisher: Asian Development Bank
ISBN: 9292621955
Category : Law
Languages : en
Pages : 217
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Book Description
Uzbekistan has achieved sustained growth through its gradual transition to a market-based economy through cautious economic policy reforms. Despite its gradual approach to development challenges, the country experienced the smallest output decline among former Soviet economies and enjoyed high rates of economic growth from 2004 to 2015, largely driven by the high prices of its major export commodities. However, the drop in the global prices of many key commodities in recent years have severely impacted Uzbekistan's economy. Under these circumstances, the new government introduced major reforms. The pace of reform is unprecedented. The government has formulated its long-term economic strategy in its Vision 2030, which aims to double the country's gross domestic product by 2030 through a program of economic diversification. This book analyzes how Uzbekistan can boost sustainable economic growth to create more and better jobs. It considers how the country can consolidate achievements from recent policy reforms and maintain reform efforts to accelerate sustainable growth. Policy recommendations cover fostering macroeconomic stability, increasing investment in physical infrastructure, enhancing human capital, improving firms' access to finance, and lowering barriers to international trade and foreign investment inflows.
Author: Gilad James, PhD
Publisher: Gilad James Mystery School
ISBN: 9518409862
Category : Travel
Languages : en
Pages : 81
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Book Description
Kyrgyzstan, officially called the Kyrgyz Republic, is a small Central Asian country nestled between Kazakhstan to the north and China to the east. The mountainous terrain of the country is dominated by the Tien Shan mountain range, which stretches from China to Kazakhstan. The capital city of Kyrgyzstan is Bishkek, which is located in the north of the country. The country was part of the Soviet Union until its dissolution in 1991, after which it became an independent republic. Kyrgyzstan has a population of approximately 6 million people and is predominantly ethnic Kyrgyz, with a significant minority of Uzbeks and smaller communities of Russians, Ukrainians, and other Central Asian groups. The official language is Kyrgyz, with Russian also widely spoken. The country has a rich culture and history, with traditional music, dance, and crafts still a part of daily life. Tourism is an important industry for Kyrgyzstan, with many visitors attracted to the country's stunning natural beauty, including Lake Issyk-Kul, one of the largest alpine lakes in the world, and scenic hiking trails in the Tien Shan mountains.
