Publication:
Republic of Tajikistan - Country Economic Memorandum : Tajikistan’s Quest for Growth: Stimulating Private Investment

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-03-19T10:12:53Z
dc.date.available2012-03-19T10:12:53Z
dc.date.issued2011-01-01
dc.description.abstractThe Tajik government in its Poverty Reduction Strategy Paper for 2010-12 set an ambitious target of doubling Gross Domestic Product (GDP) in a decade. Tajikistan clearly has the potential to grow at more than seven percent a year as it has done in the recent past, but it is not going to be easy. The potential for 'catch-up' growth from the depths of the recession of the 1990s is largely exhausted, the external environment is now less favorable than it was in the 2000s, and some drivers of past growth are unlikely to be sustained. Nevertheless, efforts by the government to create better conditions for higher private investment, exports, and employment, as well as strong support from the Tajik business community and development partners, could make this target a reality. In the 2000s, the Tajik economy recovered from the severe transition-related recession and civil conflict of the 1990s. Macroeconomic performance improved: inflation fell from 30-40 percent in the late 1990s to six-seven percent in the mid-2000s, fiscal deficits were lower, and the current account deficit and external debt moved to more manageable levels. Real GDP growth averaged nearly eight percent a year in 2000-08. The poverty headcount fell sharply, from 72 percent in 2003 to 54 percent in 2007, with more than a million people moving out of poverty; during the same period, the share of the extremely poor population fell from 42 percent to 17 percent. Key social indicators (for example, primary and secondary school enrollment rates, infant mortality, maternal mortality, and child malnutrition) also improved.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110616010558
dc.identifier.doi10.1596/2761
dc.identifier.urihttps://hdl.handle.net/10986/2761
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO FINANCIAL SERVICES
dc.subjectACCESS TO FINANCING
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectAGRICULTURAL FINANCE
dc.subjectAGRICULTURAL LOANS
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectARREARS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK ACCOUNTS
dc.subjectBANK BALANCE SHEETS
dc.subjectBANK DEBT
dc.subjectBANK LOANS
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBROAD MONEY
dc.subjectBUSINESS COMMUNITY
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCENTRAL BANK
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCONTRACT ENFORCEABILITY
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCORPORATE SAVINGS
dc.subjectCORRUPTION
dc.subjectCREDIT BUREAU
dc.subjectCREDIT GROWTH
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT INFORMATION SYSTEM
dc.subjectCREDIT LINES
dc.subjectCREDIT RISK
dc.subjectCREDITORS
dc.subjectCURRENCY
dc.subjectCURRENCY EARNINGS
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT FINANCING
dc.subjectDEBT LEVELS
dc.subjectDEBT RELIEF
dc.subjectDEBT SERVICE
dc.subjectDEBTORS
dc.subjectDEFAULTS
dc.subjectDEMAND FOR CREDIT
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDIRECTED CREDITS
dc.subjectDISABILITY PENSIONS
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC CURRENCY
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectDURABLE
dc.subjectDURABLE GOODS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectEMERGING ECONOMIES
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectENFORCEMENT OF CONTRACTS
dc.subjectENROLLMENT
dc.subjectENTERPRISE PERFORMANCE
dc.subjectEXCESS LIQUIDITY
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCE
dc.subjectEXTERNAL SHOCKS
dc.subjectEXTREME POVERTY
dc.subjectFAMILIES
dc.subjectFAMILY FARMS
dc.subjectFARMERS
dc.subjectFINANCES
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL VIABILITY
dc.subjectFIRM PERFORMANCE
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICIES
dc.subjectFIXED CAPITAL
dc.subjectFLEXIBLE EXCHANGE RATE
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN INVESTMENT
dc.subjectFREE ACCESS
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGOVERNMENT REGULATION
dc.subjectGOVERNMENT REVENUE
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOLDING
dc.subjectHOST COUNTRIES
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SAVINGS
dc.subjectHOUSEHOLD WELFARE
dc.subjectHOUSEHOLDS
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN CAPITAL DEVELOPMENT
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVEL
dc.subjectINCOME LEVELS
dc.subjectINCOME TAX
dc.subjectINEQUALITIES
dc.subjectINFLATION
dc.subjectINFORMATION ON BORROWERS
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL FINANCIAL STATISTICS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT RATE
dc.subjectINVESTOR PERCEPTIONS
dc.subjectJOINT STOCK COMPANIES
dc.subjectJOINT-STOCK COMPANIES
dc.subjectJUDICIAL SYSTEM
dc.subjectLAND REFORM
dc.subjectLAND TITLES
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL RIGHTS
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY MANAGEMENT
dc.subjectLIVING STANDARDS
dc.subjectLOAN
dc.subjectLOAN APPLICATION
dc.subjectLOAN PORTFOLIO
dc.subjectLOAN REPAYMENT
dc.subjectLOCAL BANKS
dc.subjectLONG-TERM INVESTMENT
dc.subjectMACROECONOMIC DATA
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMICRO FINANCE
dc.subjectMIGRANT LABOR
dc.subjectMIGRANT WORKERS
dc.subjectMINIMUM CAPITAL REQUIREMENTS
dc.subjectMINORITY SHAREHOLDERS
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICY
dc.subjectMONEY MARKET
dc.subjectNATIONAL BANK
dc.subjectNATIONAL SAVINGS
dc.subjectNONPERFORMING LOANS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOUTSTANDING LOANS
dc.subjectPLEDGES
dc.subjectPOLITICAL RISKS
dc.subjectPOOR ACCESS
dc.subjectPOOR COLLATERAL
dc.subjectPRICE STABILITY
dc.subjectPRICE VOLATILITY
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE FINANCING
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPRIVATIZATION
dc.subjectPROFITABILITY
dc.subjectPROPERTY AS COLLATERAL
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC BORROWING
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC-PRIVATE PARTNERSHIPS
dc.subjectPURCHASING POWER
dc.subjectPUSH FACTOR
dc.subjectRATE OF RETURN
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATES
dc.subjectRECEIPTS
dc.subjectRECESSION
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectREPAYMENT
dc.subjectREPAYMENT RECORD
dc.subjectRETURNS
dc.subjectRULE OF LAW
dc.subjectSAVINGS RATE
dc.subjectSELF-FINANCE
dc.subjectSHAREHOLDER
dc.subjectSMALL BUSINESSES
dc.subjectTAX
dc.subjectTAX CODE
dc.subjectTAX RATES
dc.subjectTAX REGIME
dc.subjectTAX SYSTEM
dc.subjectTELECOMMUNICATIONS
dc.subjectTRADE BALANCE
dc.subjectTRADE CREDITS
dc.subjectTRADE FACILITATION
dc.subjectTRADE FINANCING
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREASURY BILLS
dc.subjectUNEMPLOYMENT
dc.subjectUNION
dc.subjectWORKING CAPITAL
dc.titleRepublic of Tajikistan - Country Economic Memorandum : Tajikistan’s Quest for Growth: Stimulating Private Investmenten
dspace.entity.typePublication
okr.date.disclosure2011-06-14
okr.date.doiregistration2025-05-07T11:28:18.104306Z
okr.doctypeEconomic & Sector Work::Country Economic Memorandum
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110616010558
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid964361484194190693
okr.guid675851468116341494
okr.guid298191484193565211
okr.guid335771484193912356
okr.guid925251468313267665
okr.identifier.externaldocumentum000386194_20110616010558
okr.identifier.internaldocumentum14380857
okr.identifier.report54677
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/06/16/000386194_20110616010558/Rendered/PDF/546770ESW0gray00601401100BOX361487B.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryTajikistan
okr.region.geographicalEastern Europe
okr.region.geographicalCommonwealth of Independent States
okr.region.geographicalCentral Asia
okr.region.geographicalAsia
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicEnvironment::Environmental Economics & Policies
okr.unitEnergy (ECSS2)
okr.volume1 of 1
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