IDEAS home Printed from https://ideas.repec.org/a/sae/jodeso/v34y2018i3p297-324.html
   My bibliography  Save this article

Diagnosing Growth Constraints in Central Asia: The Case of the Kyrgyz Republic

Author

Listed:
  • Meerim Sydykova

    (Department of Applied Economics V, Euskal Herriko Unibertsitatea)

  • Carlos Rodriguez

    (Department of Applied Economics V, Euskal Herriko Unibertsitatea)

Abstract

The Kyrgyz Republic is a country with a transitional economy. Its growth performance is constantly one of the lowest compared to the other members of the Commonwealth of Independent States. This weak performance is mainly caused by political instability and high corruption. Despite being a leading reformer in the region, the country has not done enough to solve its key problems. The current study employs the growth diagnostic approach proposed by Hausmann, Rodrik, and Velasco (2005, Growth diagnostics. Cambridge, MA: The John F. Kennedy School of Government, Harvard University) to identify binding constraints on growth. This article finds that weak institutional performance, high corruption, a large share of the informal economy, and an inefficient energy sector are the most binding constraints on the country’s growth.

Suggested Citation

  • Meerim Sydykova & Carlos Rodriguez, 2018. "Diagnosing Growth Constraints in Central Asia: The Case of the Kyrgyz Republic," Journal of Developing Societies, , vol. 34(3), pages 297-324, September.
    • Handle: RePEc:sae:jodeso:v:34:y:2018:i:3:p:297-324
    DOI: 10.1177/0169796X18784783
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0169796X18784783
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0169796X18784783?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Pradeep Mitra, 2008. "Innovation, Inclusion, and Integration : From Transition to Convergence in Eastern Europe and the Former Soviet Union," World Bank Publications - Books, The World Bank Group, number 6475, December.
    2. Jesus Felipe & Norio Usui & Arnelyn Abdon, 2011. "Rethinking The Growth Diagnostics Approach: Questions From The Practitioners," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 251-276.
    3. Dani Rodrik, 2006. "Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Bank's Economic Growth in the 1990s: Learning from a Decade of Reform," Journal of Economic Literature, American Economic Association, vol. 44(4), pages 973-987, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jigar D. Bhatt, 2022. "Are growth diagnostics biased against the poor? Evidence from the Millennium Challenge Corporation," Development Policy Review, Overseas Development Institute, vol. 40(2), March.
    2. Gabrisch, Hubert, 2014. "The binding constraint on growth in less developed Western Balkan countries," MPRA Paper 60020, University Library of Munich, Germany.
    3. Julia M. Puaschunder, 2019. "Artificial Intelligence Market Disruption," Proceedings of the 13th International RAIS Conference, June 10-11, 2019 01 JP, Research Association for Interdisciplinary Studies.
    4. Antonio Ciccone & Marek Jarociński, 2010. "Determinants of Economic Growth: Will Data Tell?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 222-246, October.
    5. Rok Spruk & Mitja Kovac, 2018. "Inefficient Growth," Review of Economics and Institutions, Università di Perugia, vol. 9(2).
    6. Maria Litvinova & Maria Luigia Segnana, 2015. "Firm boundaries in Transition countries. The influence of technological and institutional links," DEM Working Papers 2015/05, Department of Economics and Management.
    7. Marion Payen & Patrick Rondé, 2020. "Culture, Institutions and Economic Growth," Working Papers of BETA 2020-18, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    8. Giovanni Dosi & Andrea Roventini & Emmanuele Russo, 2020. "Public Policies And The Art Of Catching Up," Working Papers hal-03242369, HAL.
    9. Bukvic, Rajko, 2010. "Foundations, Results and Perspectives of Transition: A Case of Serbia," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 56(4), December.
    10. Philipp Heimberger, 2022. "Does economic globalisation promote economic growth? A meta‐analysis," The World Economy, Wiley Blackwell, vol. 45(6), pages 1690-1712, June.
    11. Thomas Vendryes, 2014. "Peasants Against Private Property Rights: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 971-995, December.
    12. Alan King & Carlyn Ramlogan-Dobson, 2016. "Is there club convergence in Latin America?," Empirical Economics, Springer, vol. 51(3), pages 1011-1031, November.
    13. Karsten Kohler & Engelbert Stockhammer, 2023. "Flexible exchange rates in emerging markets: shock absorbers or drivers of endogenous cycles?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 32(2), pages 551-572.
    14. Giovanni Dosi & Andrea Roventini & Emanuele Russo, 2021. "Public policies and the art of catching up: matching the historical evidence with a multicountry agent-based model [Catching up, forging ahead, and falling behind]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(4), pages 1011-1036.
    15. Ali Burak Güven, 2012. "The IMF, the World Bank, and the Global Economic Crisis: Exploring Paradigm Continuity," Development and Change, International Institute of Social Studies, vol. 43(4), pages 869-898, July.
    16. Manfred Wiebelt & Rainer Schweickert & Clemens Breisinger & Marcus Böhme, 2011. "Oil revenues for public investment in Africa: targeting urban or rural areas?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(4), pages 745-770, November.
    17. Thomas S. Ulen, 2011. "The Uneasy Case for Competition Law and Regulation as Decisive Factors in Development: Some Lessons for China," Chapters, in: Michael Faure & Xinzhu Zhang (ed.), Competition Policy and Regulation, chapter 2, Edward Elgar Publishing.
    18. Suárez, Sandra L., 2016. "Poor people׳s money: The politics of mobile money in Mexico and Kenya," Telecommunications Policy, Elsevier, vol. 40(10), pages 945-955.
    19. Lant Pritchett & Erik Werker, 2012. "Developing the guts of a GUT (Grand Unified Theory): elite commitment and inclusive growth," Global Development Institute Working Paper Series esid-016-12, GDI, The University of Manchester.
    20. Fouzia Amin & Sanmugam Annamalah, 2013. "An evaluation of Malaysian capital controls," Journal of Economic Studies, Emerald Group Publishing, vol. 40(4), pages 549-571, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:jodeso:v:34:y:2018:i:3:p:297-324. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.