CEU Electronic Theses and Dissertations, 2019
| Author | Osmonov, Izat Akimovich |
|---|---|
| Title | Is the Current Account of the Kyrgyz Republic Sustainable? |
| Summary | The given senior thesis research aims to assess the current account deficit of the Kyrgyz Republic in recent years (2010-2018) and analyze the sustainability of the deficit. The Balance of Payments is considered during the research to understand the sources of the current account deficit and its composition, ways of financing the deficit and making conclusions about its sustainability. The examination revealed that the present situation can be kept under control by the government and considered sustainable, even though there are issues with a low level of national savings, decreasing amounts of foreign direct investment, a historically huge trade deficit and external debt. High dependency on foreign remittances remains one of the main challenges for the country, as most of the trade deficit is reduced by the inflow of remittances. The concluding part is dedicated to the policy recommendations that are supposed to enhance the sustainability of the Kyrgyz Republic’s current account deficit. |
| Supervisor | Bokros, Lajos |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2019/osmonov_izat.pdf |
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