International Conference on Eurasian Economies
11-13 October 2012 – Almaty, KAZAKHSTAN
Paper detail
Paper ID : 405
Status : Paper published
Language : Russian
Topic : Regional Economics
Presenter: Prof. Dr. Omurbek Karatalov
Session : 1E Экономика Центральной Азии
Corruption and Shadow Economy in Kyrgyzstan
Коррупция и «теневая» экономика в Кыргызстане
- Prof. Dr. Omurbek Karatalov (Kyrgyz-Russian Slavic University, Kyrgyzstan)
Abstract
This paper investigates the theoretical and practical bases of the appearance of corruption and shadow economy in the Kyrgyz Republic in terms of its sovereignty. We have used analytic data of law enforcement bodies, special agencies, the judiciary, the country's Statistics Committee, as well as the mass media information. The study has disclosed the reasons of the formation of corrupt schemes and the shadow economy in the country. Analyzed the major industries of the country where the corruption and the shadow economy have been revealed and the relationship, reasons between corruption and shadow economy have been investigated as well. Indentified that the government bodies related to public, finance, social services, law enforcement, and judicial authorities have worked with criminal structures. In this study the total amount of corruption and shadow economy damage amount for the country has been calculated during the regime of ex-presidents management. Eventually this paper gives practical recommendations in order to eliminate corruption and shadow economy in the country. On the basis of mathematical statistics defined negative effects of corruption and "shadow" economy on the budget of Kyrgyzstan. Finally, practical recommendations aimed at eliminating corruption and shadow economy in the country.
JEL codes: A11
Karatalov, Omurbek (2012). "Corruption and Shadow Economy in Kyrgyzstan" in Proceedings of International Conference of Eurasian Economies 2012, pp.483-490, Almaty, KAZAKHSTAN.
DOI: https://doi.org/10.36880/C03.00405
Session 1E: Экономика Центральной Азии
