Publication:
Kyrgyz Republic - Systematic Country Diagnostic Update: From Vulnerability to Resilience

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-08-16T14:36:11Z
dc.date.available2023-08-16T14:36:11Z
dc.date.issued2023-05-04
dc.description.abstractThe Kyrgyz Republic has recorded steady progress in poverty reduction and shared prosperity over the past twenty years. The government’s national development program to 2040 sets a clear target for continued growth and improved living standards. The overarching theme of the Systematic Country Diagnostic (SCD) update is the need to improve the economic environment to create jobs and efficiently provide public goods and services while ensuring the efficiency of natural resources to build climate resilience, reduce vulnerability, and support green growth. The central goals of rising prosperity and falling poverty face three threats in the current international context: (i) slowing global growth and higher vulnerability to external shocks - disruptions to trade and transit, food, and energy price shocks that jeopardize the progress on fighting poverty, and climate shocks; (ii) a decline in competitiveness as relative productivity performance deteriorates because of poor opportunities for the private sector amidst dominant state owned enterprises (SOEs), large infrastructure gaps, and inadequate banking and capital markets; and (iii) institutional under-preparedness to address the new generation of complex development tasks and manage risks through long neglect, especially in public policy and governance, but also in capabilities to handle climate change risks. In this context, this report finds that the transition of the Kyrgyz economy to productivity driven growth is constrained by the following key issues: continued dependence on old drivers of growth; progress on poverty reduction and inclusion stalls, and the potential for further gains remains uncertain; little progress on institutional reforms and governance strengthening; and increased environmental risks, natural resource degradation, and vulnerabilities.en
dc.identifierhttp://documents.worldbank.org/curated/en/099062123120520664/BOSIB1cf4714711c50814256196431a9383d7e5012
dc.identifier.doi10.1596/40210
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40210
dc.languageEnglish
dc.language.isoen
dc.publisherWashington, DC
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectRESILIENT DEVELOPMENT PATHWAY
dc.subjectCONSTRAINTS TO GROWTH
dc.subjectINSTITUTIONS AND ADMINISTRATION
dc.subjectEMERGING RISKS AND OPPORTUNITIES
dc.subjectECONOMIC FORECAST
dc.titleKyrgyz Republic - Systematic Country Diagnostic Updateen
dc.title.subtitleFrom Vulnerability to Resilienceen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleKyrgyz Republic - Systematic Country Diagnostic Update: From Vulnerability to Resilience
okr.date.disclosure2023-06-21
okr.date.lastmodified2023-06-21T00:00:00Zen
okr.doctypeSystematic Country Diagnostic
okr.doctypeCountry Focus
okr.docurlhttp://documents.worldbank.org/curated/en/099062123120520664/BOSIB1cf4714711c50814256196431a9383d7e5012
okr.guid099062123120520664
okr.identifier.docmidBOSIB-cf471471-c508-4256-9643-a9383d7e5012
okr.identifier.doihttp://dx.doi.org/10.1596/40210
okr.identifier.externaldocumentum34099508
okr.identifier.internaldocumentum34099508
okr.identifier.report183068
okr.import.id1469
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099062123120520664/pdf/BOSIB1cf4714711c50814256196431a9383d7e5012.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryKyrgyz Republic
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitWorld Bank Office: Bishkek (ECCKG)
okr.unitCentral Asia Country Unit (ECCCA)
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