Formation and Stabilization of a Financial Market in Kyrgyzstan

Abdykaly Imanaliev

Comparative Economic Studies, 1995, vol. 37, issue 3, 49-56

Abstract: Disintegration of the former Soviet Union required the newly sovereign republics to choose their future political and economic structure. Kyrgyzstan elected to embrace the market as the objective of subsequent reforms. To be viable, Kyrgyzstan had to create its own financial market, at the same time stabilize its money market. This paper addresses Kyrgyzstan's efforts to establish and stabilize its newly created financial market.

Date: 1995
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