Western Travel Literature about Kyrgyz and Kyrgyzstan: Considering New Interpretation and Paradigms
Political, social and economic changes in the Kyrgyz Republic at the turn of XX and XXI centuries contributed to changing lifestyles and traditional way of life of the indigenous population. Thus, one of these results was the labor migration in countries near and far abroad, mainly in Russia. Kyrgyz, integrate, as an ethnic group in the 2000s in the Russian society, are still unexplored subject for researchers. And through this work we would like to make a historical review for readers in the family tradition and attitude of my people.
This article addresses reforms that took place in Kyrgyzstan within last two decades and provides a comprehensive description of changes that were enforced under the rule of Askar Akayev, the first president of independent Kyrgyzstan. The focal points of the article include specifics of transformation of the national constitutional system, achievements of the Kyrgyz judicial reform, the unique courts of aksakals that play an important role in administration of justice.
This working paper was prepared by the Russian International Affairs Council (RIAC) in cooperation with the National Institute of Strategic Studies (NISS) of the Kyrgyz Republic as a part of the "International migration: trends, challenges and prospects" project. The working paper analyzes the main trends in migration in the Kyrgyz Republic in the context of its entry into the Eurasian Economic Union. The paper explores the main trends in migration policy in Russia and Kyrgyzstan, the causes of emigration from the KR to Russia, the accommodations of Kyrgyz labor migrants in Russia, new conditions emerging with the entry of the Kyrgyz Republic into the EEU. The authors of the Working paper offer their vision of likely migration scenarios and their recommendations for more favorables migration regimes in country the the migrants' origin and for the host country.
We empirically study the asset side of market discipline in the banking system of the Kyrgyz Republic, examining whether borrowers are willing to pay higher interest rates to high-quality banks. Based on dynamic panel models and a dataset with bank information from 23 banks over the period 2010–2012, our findings suggest the presence of market discipline induced by borrowers. In other words, banks with higher capital ratios and liquidity charge higher interest rates on loans. This result has several implications for the banking policy in Kyrgyzstan, where we can recommend to policymakers a disclosure policy following the Third Pillar of Basel III, because not only can the bank's creditors use bank information to penalize the excessive bank risk, but borrowers can also use this information to discipline their banks.