Economic policy of Kyrgyzstan

Question

1.     What is/are the main macroeconomic problems of your country? Use recent statistical information of your country to create a table that summarizes the macroeconomic indicators for the last five year for your country. 

a.      Using the table that is created by you (with the source of the data) summarize the current economic picture of your country. (20p)

b.     What are the main problems and possible risks from macroeconomic perspective? (10p)

c.      What are the strengths of your country’s macro economy? (10p)

d.     Based on the midterm projections of your country discuss if those projections are feasible or not? (10p)

e.      Assume that you are the head of the economic policy department of your country, (50p)

                                                             i.      what is the economic problem that you are going to solve before the others?

                                                           ii.     What type of economic policy and instrument you will use and why?

                                                         iii.     Do you think that one day you will manage to have rapid economic growth? Discuss.

                                                         iv.     Who is the head of IMF, WB and Fed?

                                                           v.     Who is your country’s economic minister and head of Central Bank?

Answer 1

 Hi Adilet,

Websites like Encyclopedia Britannica and Al Jazeera have a good outline of Kyrgyzstan, I'd recommend checking them out. I've given you a few points to get you started.

What is/are the main macroeconomic problems of your country? Use recent statistical information of your country to create a table that summarizes the macroeconomic indicators for the last five year for your country. 

1. Using the table that is created by you (with the source of the data) summarize the current economic picture of your country. (20p)
2. Kyrgyzstan borders Kazakhstan, Uzbekistan, Tajikistan and China.
3. Land: Mountainous borders. Lowlands equal 1/7 of total area but house most of its people. Naryn and Chu River. Landlocked, many deserts and plains.
4. Industry: Traditionally farmers, late 20th century began producing machinery and light industrial products. Hydroelectric power supplies more than 3/4 country's power
5. Agriculture: Ample water, use irrigation canals. Livestock raising. Cotton, fruit, wool and vegetables. Wool is most exportable product
6. Manufacturing: Machinery and electronic components
7. Trade: Russia, China and Kazakhstan
8.  What are the main problems and possible risks from macroeconomic perspective? (10p)
9. New President, political unrest and instability
10. What are the strengths of your country’s macro economy? (10p)
11. Ample water, uncommon in Middle East
12. Based on the midterm projections of your country discuss if those projections are feasible or not? (10p)
13. Assume that you are the head of the economic policy department of your country, (50p)
14. what is the economic problem that you are going to solve before the others?
15. What type of economic policy and instrument you will use and why?
16. Do you think that one day you will manage to have rapid economic growth? Discuss.
17. Who is the head of IMF, WB and Fed?
18. Who is your country’s economic minister and head of Central Bank?