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Doç. Dr. Kamalbek KARIMŞAKOVİktisadi ve İdari Bilimler Fakültesi
Сокращение неравенстваСокращение неравенств внутри страны и между ними
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Remittances and labor supply of the left-behind youth: Evidence from Kyrgyzstan

Kamalbek KARIMŞAKOV | Burulça SULAYMANOVA | Raziyahan ABDİYEVA

This paper examines whether remittances from international migration impact on the occupational choice of left-behind youth in Kyrgyzstan. Labor supply is analyzed both at the extensive and intensive margins using cross-sectional data for 2011. To overcome endogeneity concerns, an instrumental variable approach was implemented. Findings demonstrate that migration, rather than remittances, pushes the left-behind youth to become unpaid family workers. This is explained by the substitution effect as the youth left behind are called upon to replace the migrant labor. Moreover, this effect is heter ...Более

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Remittances and Economic Growth in Transition Countries

Kamalbek KARIMŞAKOV

Migrants' remittances have become an important development tool because they can raise income and reduce poverty rates in developing countries. These remittances might also promote development by providing funds that recipients can spend on education or health care or invest in entrepreneurial activities. Thus, workers' remittances are a steadily growing external source of capital for developing countries. In spite of the fact that importance of remittances in total international capital flows are increasing, the relationship between remittances and growth has not been adequately studied. The ...Более

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Development of the Banking System in Kyrgyzstan: An Historical Review and Current Challenges = Kırgızistan'da Bankacılık Sisteminin Gelişimi: Tarihsel İnceleme ve Güncel Sorunlar

Dastan ASEİNOV | Kamalbek KARIMŞAKOV

Banking in transition economies differs from developing and developed economies with market system. This study aims to review development of the banking system in Kyrgyzstan since independence. The period under consideration is divided into five stages, each of which has a main distinctive aspect. Despite considerable achievements in last fifteen years the banking system still remains vulnerable to external shocks. Moreover, insufficient institutional infrastructure is one of the fundamental factors retarding further development of the banking system.

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