International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1842
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Mr. Tolkun Zhumakunova
Session : 4B Finans II
Public Debt and Public Debt Administration in Kyrgyzstan
Kırgızistan’da Devlet Borçları ve Borç Yönetimi
- Mr. Tolkun Zhumakunova (Kyrgyz-Turkish Manas University, Kyrgyzstan)
- Asst. Prof. Dr. Raziya Abdiyeva (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
Public debt and public debt administration in recent years became significant economic problem of most countries. After the collapse of the Soviet Union, Kyrgyzstan has faced with public debt problem. Sharp decline of production, high level of unemployment and the need for economic and structural reforms during transition to market economy caused a large budget deficit. Budget deficit and public debt problems still remain as one of important macroeconomic issues in Kyrgyzstan. The purpose of our paper is to overview public debt politics and analyze public debt administration in Kyrgyzstan. Also to investigate legal framework of public debt, transparency, risks and effectiveness of public debt administration in Kyrgyzstan.
JEL codes: H63, B26
Zhumakunova, Tolkun, Abdiyeva, Raziya (2017). "Public Debt and Public Debt Administration in Kyrgyzstan" in Proceedings of International Conference of Eurasian Economies 2017, pp.262-270, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01842
