Structural Transformation in the Kyrgyz Republic: Engineering Future Paths of Capability Accumulation

36 Pages Posted: 1 Jul 2010 Last revised: 17 Aug 2010

See all articles by Norio Usui

Norio Usui

Asian Development Bank - Philippines Country Office

Arnelyn Abdon

Asian Development Bank

Date Written: May 1, 2010

Abstract

This paper analyzes the degree of structural transformation in the Kyrgyz Republic’s economy by applying the new approach developed by Hausmann and Klinger (2007) and Hidalgo et al. (2007). We focus on the level of sophistication of the country’s exports, and discuss policy options to transform the country’s production structure for high and sustainable growth. We find that while the country is not well prepared for diversifying its export structure, it has a better opportunity for structural transformation than other countries in Central Asia. To seize this opportunity, our key policy recommendation is for the government to set up a new dialogue mechanism between the public and private sectors to find out the major constraints for the successful export of new products.

JEL Classification: O25, O14

Suggested Citation

Usui, Norio and Abdon, Arnelyn May, Structural Transformation in the Kyrgyz Republic: Engineering Future Paths of Capability Accumulation (May 1, 2010). Asian Development Bank Economics Working Paper Series No. 200. Available at SSRN: https://ssrn.com/abstract=1632685 or http://dx.doi.org/10.2139/ssrn.1632685

Norio Usui (Contact Author)

Asian Development Bank - Philippines Country Office ( email )

6 ADB Avenue
Mandaluyong
Manila, 1550
Philippines
63-2-683-1012 (Phone)
63-2-683-1030 (Fax)

Arnelyn May Abdon

Asian Development Bank ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

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