Catalogue


Kyrgyz Republic [electronic resource] : fiscal sustainability study.
imprint
Washington, D.C. : World Bank, c2001.
description
vii, 110 p. : ill. ; 29 cm.
ISBN
082135051X
format(s)
Book
More Details
added author
imprint
Washington, D.C. : World Bank, c2001.
isbn
082135051X
restrictions
Licensed for access by U. of T. users.
catalogue key
9828053
 
Includes bibliographical references.
A Look Inside
Summaries
Main Description
"After the break-up of the Soviet Union, the economic contraction in the Kyrgyz Republic was among the worst experienced in the Commonwealth of Independent States (CIS). Their output declined by 50% between the years 1991 and 1995. The fiscal costs to the country were nothing short of disastrous. Just as the Kyrgyz Republic was about to decisively restore growth and macroeconomic stability, a series of natural disasters and a regional crisis caused another fiscal setback. This report details a set of measures which, if implemented, will restore fiscal stability to the country. It focuses on reforming public utilities and the tax system, citing these as in the most need of reform."
Long Description
The Albanian economy clearly needs more access to development capital if it is to progress and expand. Though international private and public lenders can be of some assistance, much of this capital must come from private domestic sources. However, those supplying it would need some assurance that their loans or grants of credit would be repaid. The state of the law is one of the most important factors in risk assessment and management. This book describes the Albanian collateral law system. It describes how recent changes in Albanian law are designed to facilitate and encourage secured financing in Albania.
Main Description
Following the break-up of the Soviet Union, the economic contraction in the Kyrgyz Republic was among the worst experienced in the Commonwealth of Independent States (CIS), which had a serious impact on the country's fiscal policies. Despite these problems, the country made major efforts to restore growth and attain macroeconomic stability during 1996-97. However, this recovery was then hit by a series of natural disasters and a regional crisis. This report considers a three-fold strategy to deal with the current difficulties and restore fiscal stability, including a significant fiscal adjustment, debt restructuring, and reform of public utilities and the tax system.
Main Description
"After the break-up of the Soviet Union, the economic contraction in the Kyrgyz Republic was among the worst experienced in the Commonwealth of Independent States (CIS). Their output declined by 50% between the years 1991 and 1995. The fiscal costs to the country were nothing short of disastrous. Just as the Kyrgyz Republic was about to decisively restore growth and macroeconomic stability, a series of natural disasters and a regional crisis caused another fiscal setback.This report details a set of measures which, if implemented, will restore fiscal stability to the country. It focuses on reforming public utilities and the tax system, citing these as in the most need of reform."
Long Description
After the break-up of the Soviet Union, the economic contraction in the Kyrgyz Republic was among the worst experienced in the Commonwealth of Independent States (CIS). Their output declined by 50% between the years 1991 and 1995. The fiscal costs to the country were nothing short of disastrous. Just as the Kyrgyz Republic was about to decisively restore growth and macroeconomic stability, a series of natural disasters and a regional crisis caused another fiscal setback. This report details a set of measures which, if implemented, will restore fiscal stability to the country. It focuses on reforming public utilities and the tax system, citing these as in the most need of reform.
Table of Contents
Acknowledgments
Acronoyms and Abbreviation
Executive Summaryp. 1
Fiscal and Debt Sustainability
Macroeconomic Developments, 1991-1998p. 13
Fiscal Sustainabilityp. 21
Debt Sustainabilityp. 37
Annex Tablesp. 56
Key Structural Issues
The Tax Systemp. 63
Towards a New Role for the State in Infrastructure and Utilitiesp. 83
Provision of Public Utility Services to the Poorp. 105
Table of Contents provided by Blackwell. All Rights Reserved.

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