In many developing countries out of shortage of savings and capital external resources as external debt, foreign direct investment and transfers are play significant role in the fostering economic growth and development. Goal of this paper is to investigate the impact of external public debt, current transfers and foreign direct investments on GDP in the Kyrgyz Republic. Using quarterly data for the period 2000Q1-2017Q3 and the ARDL cointegration approach it was found that a cointegration relation between current transfers, external debt, FDI and GDP. According to results, current transfers’ contribution to the country’s economy is more than government debts. It is suggested that the government should focus more on foreign direct investments than foreign debts and current transfers by considering the long term.
Publication Name (dc.title) | External Debt and Economic Growth in Transition Countries: Case of Kyrgyzstan |
Author/s (dc.contributor.yazarlar) | Junus GANİEV, Damira BAİGONUSHOVA, Nurbek MADMAROV, Raziiakhan ABDİEVA |
Publication type (dc.type) | Makale |
Language (dc.language) | İngilizce |
Publication year (dc.date.issued) | 2020 |
National/International (dc.identifier.ulusaluluslararasi) | Ulusal |
Source (dc.relation.journal) | MANAS Journal of Social Studies (MJSS) - MANAS Sosyal Araştırmalar Dergisi |
Number (dc.identifier.issue) | 1 |
Volume/Issue (dc.identifier.volume) | 9 |
Page (dc.identifier.startpage) | 60-75 |
ISSN/ISBN (dc.identifier.issn) | ISSN: 1694-7215 |
Publisher (dc.publisher) | Kyrgyz - Turkish Manas University |
Databases (dc.contributor.veritaban) | Ulakbim (DergiPark) |
Databases (dc.contributor.veritaban) | EBSCOHost |
Index Type (dc.identifier.index) | Alan Indeks |
Abstract (dc.description.abstract) | In many developing countries out of shortage of savings and capital external resources as external debt, foreign direct investment and transfers are play significant role in the fostering economic growth and development. Goal of this paper is to investigate the impact of external public debt, current transfers and foreign direct investments on GDP in the Kyrgyz Republic. Using quarterly data for the period 2000Q1-2017Q3 and the ARDL cointegration approach it was found that a cointegration relation between current transfers, external debt, FDI and GDP. According to results, current transfers’ contribution to the country’s economy is more than government debts. It is suggested that the government should focus more on foreign direct investments than foreign debts and current transfers by considering the long term. |
URL (dc.rights) | https://dergipark.org.tr/tr/pub/mjss/issue/52092/581860 |
Faculty / Institute (dc.identifier.fakulte) | İktisadi ve İdari Bilimler Fakültesi |
Department (dc.identifier.bolum) | İktisat Bölümü |
Author(s) in the Institution (dc.contributor.author) | Cunus GANİEV |
Author(s) in the Institution (dc.contributor.author) | Damira BAYGONUŞEVA |
Author(s) in the Institution (dc.contributor.author) | Nurbek MADMAROV |
Author(s) in the Institution (dc.contributor.author) | Raziyahan ABDİYEVA |
Kayıt No (dc.identifier.kayitno) | BLC012FFDE |
Record Add Date (dc.date.available) | 2020-02-07 |
Notes (Publication year) (dc.identifier.notyayinyili) | 2020 |
Subject Headings (dc.subject) | external debt |
Subject Headings (dc.subject) | foreign direct investment |
Subject Headings (dc.subject) | current transfers |
Subject Headings (dc.subject) | economic growth |
Subject Headings (dc.subject) | Kyrgyzstan |