KYRGYZSTAN IN THE INTERNATIONAL RATINGS

(Dynamics for 2005-2013)

Talant SULTANOV, Bermet IMANALIEVA, Isabek ASANBAEV


Talant Sultanov, Director of the National Institute of Strategic Research, Kyrgyzstan (NISR) (Bishkek, Kyrgyzstan)

Bermet Imanalieva, Researcher at NISR (Bishkek, Kyrgyzstan)

Isabek Asanbaev, Researcher at NISR (Bishkek, Kyrgyzstan)


ABSTRACT

This article presents an analysis of the changes in Kyrgyzstans international ratings between 2005 and 2013. It also takes a look at the ratings pegged in Kyrgyzstans National Sustainable Development Strategy for 2013-2017, in which the country should occupy a specific rank by 2017.

Keywords: international rating, index, development, indicators, investment climate, Kyrgyzstan.

Introduction

In todays world, international ratings are used to determine a countrys level of external appeal and development, while also defining its investment potential and reputation.

This article examines Kyrgyzstans rank in various international ratings in order to assess its ability to achieve sustainable development (in the long and short term), as well as improve its image and external appeal. In so doing, efforts were focused on determining the relationship between the progress reflected in the dynamics of its rankings and the policy carried out by the countrys government.

The ratings are calculated and compiled by such international organizations as the World Bank, World Economic Forum, Swiss Economic Institute, The Heritage Foundation, the U.N., UNDP, the Organization for Economic Cooperation and Development (OECD), the Boston Consulting Group (BCG), the


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