STRUCTURAL CHANGES IN KYRGYZSTAN ECONOMY (2005-2010): AN INPUT-OUTPUT ANALYSIS

Year 2015, Issue: 66, 7 - 14, 01.05.2015

Aynura Turdalieva

Abstract

Structural changes in economy become the important goal of economic development in the developing countries. During the ongoing globalization process, the successful execution of special analysis and approaches caused the growing interest in macroeconomic planning and development policies. In this context, input-output analysis is emerging as an alternative research method among the other economic planning methods. Given paper based on input-output analysis and used input-output tables prepared for the years 2005 and 2010 by The National Statistical Committee of Kyrgyz Republic.The results are as follows: for five years, economy has been functioning in poor conditions; together with the lack of interaction between sectors, economy is not integrated; there were external dependence in production structure. It is notable that for achieving economic growth, economy needed investments to stimulate the production capacity, which strengthening inter-sectoral relationship and stable macroeconomic planning.  

Keywords

input-output analysis, structural changes, Kyrgyzstan economy

STRUCTURAL CHANGES IN KYRGYZSTAN ECONOMY (2005-2010): AN INPUT-OUTPUT ANALYSIS

Abstract

Structural changes in economy become the important goal of economic development in the developing countries. During the ongoing globalization process, the successful execution of special analysis
and approaches caused the growing interest in macroeconomic planning and development policies. In
this context, input-output analysis is emerging as an alternative research method among the other economic planning methods.
Given paper based on input-output analysis and used input-output tables prepared for the years
2005 and 2010 by The National Statistical Committee of Kyrgyz Republic.The results are as follows: for five years, economy has been functioning in poor conditions; together with the lack of interaction between sectors, economy is not integrated; there were external dependence in production structure. It is notable that for achieving economic growth, economy needed investments to stimulate the production capacity, which strengthening inter-sectoral relationship and stable macroeconomic planning.  

Keywords

input-output analysis, structural changes, Kyrgyzstan economy

АНАЛИЗ СТРУКТУРНЫХ ИЗМЕНЕНИЙ В ЭКОНОМИКЕ КЫРГЫЗСТАНА ЗА ПЕРИОД 2005-2010 гг.

Abstract

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