The paper aims at analyzing macroeconomic and financial strategies, which are to ensure achievement of the Millennium Development Goals (MDGs) in the Kyrgyz Republic. By applying MAMS, a computable general equilibrium model, it is shown that a continuation of the current policies under the baseline scenario would allow for achieving MDG1 (poverty reduction) only; the country would fall short of the targets for other MDGs. In order to achieve all MDGs, the country needs to increase government spending on MDG-relevant sectors (education, health, water and sanitation). Also, higher growth rates of about 7% p.a. in 2011-2015 and an increase in government spending efficiency would be means to achieve the goals.
Read CASE Network Report No. 95: Assessing Development Strategies to Achieve the MDGs in Asia. Macroeconomic Strategies of MDG Achievement in the Kyrgyz Republic by Roman Mogilevsky and Anara Omorova