Mining Industry as a Source of Economic Growth in Kyrgyzstan
The study 'Mining as a source of economic growth in Kyrgyzstan' is developed by the project implementation unit of the World Bank for 'building capacity in governance and revenues streams management for mining and natural resources&#...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Bishkek
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/01/18550903/mining-industry-source-economic-growth-kyrgyzstan http://hdl.handle.net/10986/16959 |
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okr-10986-16959 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ALLOYS AMORTIZATION ARSENIC ARTISANAL GOLD ARTISANAL MINING ARTISANAL MINING ACTIVITIES ASBESTOS AUDITING AUDITS BENTONITE BERYLLIUM BISMUTH BROWN COAL CADASTRE CADASTRE MANAGEMENT CAPACITY CONSTRAINTS CAPITAL EXPENDITURES CAPITAL INVESTMENTS CERAMIC CLAYS CLOSURE COAL COAL MINING COAL SECTOR COBALT COMMODITY COMPREHENSIVE DEVELOPMENT CONFIDENTIALITY COPPER CURRENT PRICES DEBT DEPOSIT DEVELOPING COUNTRIES DRILLING ECONOMIC DEVELOPMENT EITI EITI PRINCIPLES ENERGY RESOURCES EQUIPMENT EXCISE TAX EXPENDITURE EXPLORATION ACTIVITIES EXPLORATION AND MINING EXPLORATION OF MINERALS EXPORTS EXTERNAL DEBT EXTRACTIVE COMPANIES EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL STREAMS FLUORSPAR FOREIGN CAPITAL FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS GAS GDP GEOGRAPHIC INFORMATION SYSTEMS GEOGRAPHICAL LOCATION GEOLOGICAL INFORMATION GEOLOGICAL INFRASTRUCTURE GEOLOGICAL MAPS GEOLOGICAL SURVEY GEOLOGY GOLD GOLD DEPOSITS GOLD EXTRACTION GOLD MINE GOLD MINES GOLD MINING GOLD PRODUCTION GOLD RESERVES GOOD GOVERNANCE GOVERNMENT REVENUES GRANITE GRAVEL GROWTH RATE GROWTH RATES GYPSUM HARD ROCK HEALTH HAZARD HOLDING HOST COUNTRY HOST GOVERNMENT HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INDUSTRIAL MINERALS INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INSTITUTIONAL DEVELOPMENT INTERNATIONAL AUDITING STANDARDS INTERNATIONAL BUSINESS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS INVENTORY INVESTMENT ACTIVITIES INVESTMENT FLOWS INVESTMENT RISKS JOINT STOCK COMPANY JOINT VENTURE LAWS LEGAL FRAMEWORKS LEGAL REGIME LIBERALIZATION LICENSE FEES LICENSE HOLDERS LIGNITE LIMESTONE LOCAL BUSINESS LONG-TERM CAPITAL MARBLE MARKET CONDITIONS MEDIUM-SCALE MINES MERCURY METALS MICA MIGRATION MINE DEVELOPMENT MINERAL DEPOSITS MINERAL EXPLORATION MINERAL POTENTIAL MINERAL RAW MATERIALS MINERAL RECONNAISSANCE MINERAL RESERVES MINERAL RESOURCES MINERAL RESOURCES DEVELOPMENT MINERAL RIGHTS MINERAL WATER MINERALS MINERALS PRODUCTION MINES MINING ACTIVITIES MINING AREAS MINING CADASTRE SYSTEM MINING COMPANIES MINING COMPANY MINING INDUSTRIES MINING INDUSTRY MINING LEGISLATION MINING PROJECT MINING PROJECTS MINING RIGHTS MINING SECTOR MINING SECTOR DEVELOPMENT MINING TAX SYSTEM MINING TAXATION MINING TECHNOLOGIES MOLYBDENUM NATURAL RESOURCE NATURAL RESOURCE WEALTH NATURAL RESOURCES NET PROFIT OIL OIL EXPLORATION OIL PRODUCTION OPEN JOINT STOCK COMPANY OPEN PIT MINING ORES OUTPUT PRACTICE OF ACCOUNTABILITY PRECIOUS METALS PRESENT VALUE PRINCIPLES OF EITI PRIVATE CAPITAL PRODUCTION OF GOLD PRODUCTION OF MINERALS PRODUCTIVITY PROFESSIONAL EDUCATION PROFITABILITY RARE EARTH METALS REFINING REGULATORY ENVIRONMENT RENT PAYMENTS REPAYMENT RESERVE RESOURCE EXTRACTION REVENUE STREAMS RHENIUM SALT SALTS SAND SHARE DIVIDENDS SHARE OF INVESTMENTS SILICA SILVER SMALL COUNTRY SMALL DEPOSITS SMALL MINING SMALL SCALE SMALL-SCALE SMALL-SCALE MINES SOCIAL DEVELOPMENT SOCIAL FUND SOCIAL PROTECTION SOCIAL SERVICES STEWARDSHIP OF REVENUE STREAMS SUBSIDIARIES SUSTAINABLE DEVELOPMENT SUSTAINABLE ECONOMIC GROWTH TAX CODE TAX EXEMPTIONS TAX POLICY TAX RATE TAX RATES TAX REGIME TAX REVENUES TELECOMMUNICATIONS TIN TOXIC SUBSTANCES TRADE BALANCE TRANSPARENCY TRANSPARENCY AND ACCOUNTABILITY TRANSPARENCY OVER PAYMENTS TRANSPORT TUNGSTEN TURNOVER UNDERGROUND MINING UNEMPLOYMENT URANIUM URANIUM MINES WAGES WATER SUPPLY WITHHOLDING TAX WOLLASTONITE WORLD MARKETS ZINC |
| spellingShingle |
ACCOUNTING ALLOYS AMORTIZATION ARSENIC ARTISANAL GOLD ARTISANAL MINING ARTISANAL MINING ACTIVITIES ASBESTOS AUDITING AUDITS BENTONITE BERYLLIUM BISMUTH BROWN COAL CADASTRE CADASTRE MANAGEMENT CAPACITY CONSTRAINTS CAPITAL EXPENDITURES CAPITAL INVESTMENTS CERAMIC CLAYS CLOSURE COAL COAL MINING COAL SECTOR COBALT COMMODITY COMPREHENSIVE DEVELOPMENT CONFIDENTIALITY COPPER CURRENT PRICES DEBT DEPOSIT DEVELOPING COUNTRIES DRILLING ECONOMIC DEVELOPMENT EITI EITI PRINCIPLES ENERGY RESOURCES EQUIPMENT EXCISE TAX EXPENDITURE EXPLORATION ACTIVITIES EXPLORATION AND MINING EXPLORATION OF MINERALS EXPORTS EXTERNAL DEBT EXTRACTIVE COMPANIES EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL STREAMS FLUORSPAR FOREIGN CAPITAL FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS GAS GDP GEOGRAPHIC INFORMATION SYSTEMS GEOGRAPHICAL LOCATION GEOLOGICAL INFORMATION GEOLOGICAL INFRASTRUCTURE GEOLOGICAL MAPS GEOLOGICAL SURVEY GEOLOGY GOLD GOLD DEPOSITS GOLD EXTRACTION GOLD MINE GOLD MINES GOLD MINING GOLD PRODUCTION GOLD RESERVES GOOD GOVERNANCE GOVERNMENT REVENUES GRANITE GRAVEL GROWTH RATE GROWTH RATES GYPSUM HARD ROCK HEALTH HAZARD HOLDING HOST COUNTRY HOST GOVERNMENT HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INDUSTRIAL MINERALS INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INSTITUTIONAL DEVELOPMENT INTERNATIONAL AUDITING STANDARDS INTERNATIONAL BUSINESS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS INVENTORY INVESTMENT ACTIVITIES INVESTMENT FLOWS INVESTMENT RISKS JOINT STOCK COMPANY JOINT VENTURE LAWS LEGAL FRAMEWORKS LEGAL REGIME LIBERALIZATION LICENSE FEES LICENSE HOLDERS LIGNITE LIMESTONE LOCAL BUSINESS LONG-TERM CAPITAL MARBLE MARKET CONDITIONS MEDIUM-SCALE MINES MERCURY METALS MICA MIGRATION MINE DEVELOPMENT MINERAL DEPOSITS MINERAL EXPLORATION MINERAL POTENTIAL MINERAL RAW MATERIALS MINERAL RECONNAISSANCE MINERAL RESERVES MINERAL RESOURCES MINERAL RESOURCES DEVELOPMENT MINERAL RIGHTS MINERAL WATER MINERALS MINERALS PRODUCTION MINES MINING ACTIVITIES MINING AREAS MINING CADASTRE SYSTEM MINING COMPANIES MINING COMPANY MINING INDUSTRIES MINING INDUSTRY MINING LEGISLATION MINING PROJECT MINING PROJECTS MINING RIGHTS MINING SECTOR MINING SECTOR DEVELOPMENT MINING TAX SYSTEM MINING TAXATION MINING TECHNOLOGIES MOLYBDENUM NATURAL RESOURCE NATURAL RESOURCE WEALTH NATURAL RESOURCES NET PROFIT OIL OIL EXPLORATION OIL PRODUCTION OPEN JOINT STOCK COMPANY OPEN PIT MINING ORES OUTPUT PRACTICE OF ACCOUNTABILITY PRECIOUS METALS PRESENT VALUE PRINCIPLES OF EITI PRIVATE CAPITAL PRODUCTION OF GOLD PRODUCTION OF MINERALS PRODUCTIVITY PROFESSIONAL EDUCATION PROFITABILITY RARE EARTH METALS REFINING REGULATORY ENVIRONMENT RENT PAYMENTS REPAYMENT RESERVE RESOURCE EXTRACTION REVENUE STREAMS RHENIUM SALT SALTS SAND SHARE DIVIDENDS SHARE OF INVESTMENTS SILICA SILVER SMALL COUNTRY SMALL DEPOSITS SMALL MINING SMALL SCALE SMALL-SCALE SMALL-SCALE MINES SOCIAL DEVELOPMENT SOCIAL FUND SOCIAL PROTECTION SOCIAL SERVICES STEWARDSHIP OF REVENUE STREAMS SUBSIDIARIES SUSTAINABLE DEVELOPMENT SUSTAINABLE ECONOMIC GROWTH TAX CODE TAX EXEMPTIONS TAX POLICY TAX RATE TAX RATES TAX REGIME TAX REVENUES TELECOMMUNICATIONS TIN TOXIC SUBSTANCES TRADE BALANCE TRANSPARENCY TRANSPARENCY AND ACCOUNTABILITY TRANSPARENCY OVER PAYMENTS TRANSPORT TUNGSTEN TURNOVER UNDERGROUND MINING UNEMPLOYMENT URANIUM URANIUM MINES WAGES WATER SUPPLY WITHHOLDING TAX WOLLASTONITE WORLD MARKETS ZINC Bogdetsky, Valentine Ibraev, Karybek Abdyrakhmanova, Jyldyz Mining Industry as a Source of Economic Growth in Kyrgyzstan |
| geographic_facet |
Europe and Central Asia Kyrgyz Republic |
| description |
The study 'Mining as a source of
economic growth in Kyrgyzstan' is developed by the
project implementation unit of the World Bank for
'building capacity in governance and revenues streams
management for mining and natural resources'. This
study is aimed at defining a role for the mining industry in
the country and evaluating its possible impacts on economic
development in the future. Mineral resources development is
an essential condition for successful economic development
of Kyrgyz Republic. In fact, it is the only possible way to
raise social welfare in remote high mountainous regions. At
the present time, some recovery of investment activities in
mining industry has been observed. However, the lack of
long-term capital investments in mining and geological
exploration projects is still acutely felt. International
experts have noted more than once that in spite of the
significant size of territory and good level of geological
study, the minerals potential of the country remains
underdeveloped. At present, its output is 25.578 billion som
or 48 percent of all the industrial production. Its share in
Gross Domestic Product (GDP) is 10.2 percent, in export
volume-41.1 percent and tax revenues - 11 percent. The
royalty on subsoil use yields budget revenues of 568.0
million som per year. The mining industry involves more than
15 thousand workers. Monthly average wage is about 10 600
som about four times higher than the average for Kyrgyzstan,
which was 2240.3 som in 2004. The study showed that creation
of one job in mining industry would lead to creation of 1.6
jobs in related industries that provide supply of goods and
services for mining. The prognosis of mining sector
development to 2020 is made on the basis of the results of
the study of data related to: production volume, direct and
indirect employment, tax revenues to state budget. The
implementation of recommended reforms will require
significant efforts by the Government. However, they will be
repaid by the enhancement of mining industry, which will
become a substantial source of economic growth in Kyrgyzstan. |
| format |
Publications & Research :: Working Paper |
| author |
Bogdetsky, Valentine Ibraev, Karybek Abdyrakhmanova, Jyldyz |
| author_facet |
Bogdetsky, Valentine Ibraev, Karybek Abdyrakhmanova, Jyldyz |
| author_sort |
Bogdetsky, Valentine |
| title |
Mining Industry as a Source of Economic Growth in Kyrgyzstan |
| title_short |
Mining Industry as a Source of Economic Growth in Kyrgyzstan |
| title_full |
Mining Industry as a Source of Economic Growth in Kyrgyzstan |
| title_fullStr |
Mining Industry as a Source of Economic Growth in Kyrgyzstan |
| title_full_unstemmed |
Mining Industry as a Source of Economic Growth in Kyrgyzstan |
| title_sort |
mining industry as a source of economic growth in kyrgyzstan |
| publisher |
World Bank, Bishkek |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2005/01/18550903/mining-industry-source-economic-growth-kyrgyzstan http://hdl.handle.net/10986/16959 |
| _version_ |
1764435503562620928 |
| spelling |
okr-10986-169592021-04-23T14:03:34Z Mining Industry as a Source of Economic Growth in Kyrgyzstan Bogdetsky, Valentine Ibraev, Karybek Abdyrakhmanova, Jyldyz ACCOUNTING ALLOYS AMORTIZATION ARSENIC ARTISANAL GOLD ARTISANAL MINING ARTISANAL MINING ACTIVITIES ASBESTOS AUDITING AUDITS BENTONITE BERYLLIUM BISMUTH BROWN COAL CADASTRE CADASTRE MANAGEMENT CAPACITY CONSTRAINTS CAPITAL EXPENDITURES CAPITAL INVESTMENTS CERAMIC CLAYS CLOSURE COAL COAL MINING COAL SECTOR COBALT COMMODITY COMPREHENSIVE DEVELOPMENT CONFIDENTIALITY COPPER CURRENT PRICES DEBT DEPOSIT DEVELOPING COUNTRIES DRILLING ECONOMIC DEVELOPMENT EITI EITI PRINCIPLES ENERGY RESOURCES EQUIPMENT EXCISE TAX EXPENDITURE EXPLORATION ACTIVITIES EXPLORATION AND MINING EXPLORATION OF MINERALS EXPORTS EXTERNAL DEBT EXTRACTIVE COMPANIES EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL STREAMS FLUORSPAR FOREIGN CAPITAL FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS GAS GDP GEOGRAPHIC INFORMATION SYSTEMS GEOGRAPHICAL LOCATION GEOLOGICAL INFORMATION GEOLOGICAL INFRASTRUCTURE GEOLOGICAL MAPS GEOLOGICAL SURVEY GEOLOGY GOLD GOLD DEPOSITS GOLD EXTRACTION GOLD MINE GOLD MINES GOLD MINING GOLD PRODUCTION GOLD RESERVES GOOD GOVERNANCE GOVERNMENT REVENUES GRANITE GRAVEL GROWTH RATE GROWTH RATES GYPSUM HARD ROCK HEALTH HAZARD HOLDING HOST COUNTRY HOST GOVERNMENT HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT HUMAN RESOURCES INCOME INDUSTRIAL MINERALS INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INSTITUTIONAL DEVELOPMENT INTERNATIONAL AUDITING STANDARDS INTERNATIONAL BUSINESS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS INVENTORY INVESTMENT ACTIVITIES INVESTMENT FLOWS INVESTMENT RISKS JOINT STOCK COMPANY JOINT VENTURE LAWS LEGAL FRAMEWORKS LEGAL REGIME LIBERALIZATION LICENSE FEES LICENSE HOLDERS LIGNITE LIMESTONE LOCAL BUSINESS LONG-TERM CAPITAL MARBLE MARKET CONDITIONS MEDIUM-SCALE MINES MERCURY METALS MICA MIGRATION MINE DEVELOPMENT MINERAL DEPOSITS MINERAL EXPLORATION MINERAL POTENTIAL MINERAL RAW MATERIALS MINERAL RECONNAISSANCE MINERAL RESERVES MINERAL RESOURCES MINERAL RESOURCES DEVELOPMENT MINERAL RIGHTS MINERAL WATER MINERALS MINERALS PRODUCTION MINES MINING ACTIVITIES MINING AREAS MINING CADASTRE SYSTEM MINING COMPANIES MINING COMPANY MINING INDUSTRIES MINING INDUSTRY MINING LEGISLATION MINING PROJECT MINING PROJECTS MINING RIGHTS MINING SECTOR MINING SECTOR DEVELOPMENT MINING TAX SYSTEM MINING TAXATION MINING TECHNOLOGIES MOLYBDENUM NATURAL RESOURCE NATURAL RESOURCE WEALTH NATURAL RESOURCES NET PROFIT OIL OIL EXPLORATION OIL PRODUCTION OPEN JOINT STOCK COMPANY OPEN PIT MINING ORES OUTPUT PRACTICE OF ACCOUNTABILITY PRECIOUS METALS PRESENT VALUE PRINCIPLES OF EITI PRIVATE CAPITAL PRODUCTION OF GOLD PRODUCTION OF MINERALS PRODUCTIVITY PROFESSIONAL EDUCATION PROFITABILITY RARE EARTH METALS REFINING REGULATORY ENVIRONMENT RENT PAYMENTS REPAYMENT RESERVE RESOURCE EXTRACTION REVENUE STREAMS RHENIUM SALT SALTS SAND SHARE DIVIDENDS SHARE OF INVESTMENTS SILICA SILVER SMALL COUNTRY SMALL DEPOSITS SMALL MINING SMALL SCALE SMALL-SCALE SMALL-SCALE MINES SOCIAL DEVELOPMENT SOCIAL FUND SOCIAL PROTECTION SOCIAL SERVICES STEWARDSHIP OF REVENUE STREAMS SUBSIDIARIES SUSTAINABLE DEVELOPMENT SUSTAINABLE ECONOMIC GROWTH TAX CODE TAX EXEMPTIONS TAX POLICY TAX RATE TAX RATES TAX REGIME TAX REVENUES TELECOMMUNICATIONS TIN TOXIC SUBSTANCES TRADE BALANCE TRANSPARENCY TRANSPARENCY AND ACCOUNTABILITY TRANSPARENCY OVER PAYMENTS TRANSPORT TUNGSTEN TURNOVER UNDERGROUND MINING UNEMPLOYMENT URANIUM URANIUM MINES WAGES WATER SUPPLY WITHHOLDING TAX WOLLASTONITE WORLD MARKETS ZINC The study 'Mining as a source of economic growth in Kyrgyzstan' is developed by the project implementation unit of the World Bank for 'building capacity in governance and revenues streams management for mining and natural resources'. This study is aimed at defining a role for the mining industry in the country and evaluating its possible impacts on economic development in the future. Mineral resources development is an essential condition for successful economic development of Kyrgyz Republic. In fact, it is the only possible way to raise social welfare in remote high mountainous regions. At the present time, some recovery of investment activities in mining industry has been observed. However, the lack of long-term capital investments in mining and geological exploration projects is still acutely felt. International experts have noted more than once that in spite of the significant size of territory and good level of geological study, the minerals potential of the country remains underdeveloped. At present, its output is 25.578 billion som or 48 percent of all the industrial production. Its share in Gross Domestic Product (GDP) is 10.2 percent, in export volume-41.1 percent and tax revenues - 11 percent. The royalty on subsoil use yields budget revenues of 568.0 million som per year. The mining industry involves more than 15 thousand workers. Monthly average wage is about 10 600 som about four times higher than the average for Kyrgyzstan, which was 2240.3 som in 2004. The study showed that creation of one job in mining industry would lead to creation of 1.6 jobs in related industries that provide supply of goods and services for mining. The prognosis of mining sector development to 2020 is made on the basis of the results of the study of data related to: production volume, direct and indirect employment, tax revenues to state budget. The implementation of recommended reforms will require significant efforts by the Government. However, they will be repaid by the enhancement of mining industry, which will become a substantial source of economic growth in Kyrgyzstan. 2014-02-10T18:23:31Z 2014-02-10T18:23:31Z 2005 http://documents.worldbank.org/curated/en/2005/01/18550903/mining-industry-source-economic-growth-kyrgyzstan http://hdl.handle.net/10986/16959 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Bishkek Publications & Research :: Working Paper Publications & Research Europe and Central Asia Kyrgyz Republic |