International Congress on Eurasian Economies

International Conference on Eurasian Economies

12-14 October 2011 – Bishkek, KYRGYZSTAN

Paper detail

Paper ID : 256
Status : Paper published
Language : English
Topic : Sectoral Analyses
Presenter: Ph.D. candidate Rahat Sabyrbekov
Session : 6A Tourism & IT

Software Development in Kyrgyzstan: Potential Source of Economic Growth
Software Production in Kyrgyzstan: Potential Source of Economic Growth

Abstract

In recent years, software development in the Kyrgyz Republic demonstrated 60-70% growth rate. Kyrgyz software products are exported to Central Asian neighbors and to the Western countries such as Italy, Australia and Holland. With the highest Internet penetration in the region and pool of qualified staff Kyrgyzstan has real chances to sustain the growth rate of the industry. Moreover, the cheap labor creates comparative advantage for local software producers. The break-up the Soviet Union lead to bankruptcies of traditional industries in the Kyrgyz Republic and thousands of highly qualified engineers were left unemployed. Simultaneously since independence Kyrgyz government implemented number of reforms to encourage development of Information and Communication Technologies which lead to the establishment of ICT infrastructure in the region. The paper analyzes the development trend of the software production industry in the Kyrgyz Republic. We will also overview international experience as in the leading software producers as well as in neighboring countries. The study also builds projections for the next decade and draw on certain policy implications. In addition the paper will provide policy recommendations. The data used is from by the Association on IT companies, questionnaires, National Statistics Committee, Word Bank and Asian Development Bank.

JEL codes: F1, O34, O38

Sabyrbekov, Rahat (2011). "Software Development in Kyrgyzstan: Potential Source of Economic Growth" in Proceedings of International Conference of Eurasian Economies 2011, pp.400-404, Bishkek, KYRGYZSTAN.

DOI: https://doi.org/10.36880/C02.00256

Full paper in PDF format.

Session 6A: Tourism & IT

Istanbul Beykent University Kyrgyz-Turkish Manas University Promotion Fund of the Turkish Prime Ministry Turkish Central Bank