Jobs in the Kyrgyz Republic
Since its independence in 1991, the Kyrgyz Republic has taken steps to liberalize its economy and adopt political reforms with the aim of promoting sustained economic growth. The Kyrgyz Republic was one of the first former Soviet republics to imple...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/862661530280246809/Jobs-in-the-Kyrgyz-Republic http://hdl.handle.net/10986/30105 |
| Summary: | Since its independence in 1991, the
Kyrgyz Republic has taken steps to liberalize its economy
and adopt political reforms with the aim of promoting
sustained economic growth. The Kyrgyz Republic was one of
the first former Soviet republics to implement economic
reforms and to move toward a market-based economy. The
multiple economic and political reforms that have been
implemented, together with regional and global trends, have
dramatically changed the structure of the economy in the
Kyrgyz Republic. Immediately after the fall of the Soviet
Union, the lack of jobs caused workers to shift toward
employment in the agricultural sector. This report employs a
simple framework to analyze the main constraints to jobs
outcomes in the Kyrgyz Republic. There are three main
categories of constraints, in order of their impact are: (i)
labor demand constraints, (ii) labor supply constraints, and
(iii) labor matching constraints. These constraints limit
job creation, job productivity, job quality, and job
inclusiveness. The Kyrgyz Republic has a large informal
sector which means that policymakers need to understand the
constraints to productivity growth in the informal as well
as the formal sector. The framework adopted here does not
distinguish between formal and informal sectors. The
framework is fleshed out in more detail in Chapter III, but
the introduction provides a brief outline to help structure
the report. |
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