Tajikistan : Strong Growth, Rising Risks

Tajikistan's economy grew at higher-than-projected rate of 7.4 percent in 2013 on the back of record high inflow of remittances. High remittances fueled private consumption and investment. Meanwhile, weaker external demand and lower prices for...

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Bibliographic Details
Main Author:	World Bank
Format:	Economic Updates and Modeling
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCOUNTING ACCOUNTING STANDARDS AGRICULTURAL OUTPUT AMORTIZATION ARREARS AUDITS AVERAGE EXCHANGE RATE BANKING SECTOR BANKING SYSTEM BORROWER BUDGET DEFICIT BUDGETING BUFFERS CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL FORMATION CAPITAL GOODS COAL COMPETITIVENESS CONSOLIDATION CONSUMER BASKET CONSUMER GOODS CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CONSUMPTION GROWTH CPI CREDIT DECISIONS CREDIT GROWTH CREDIT INFORMATION CREDIT INFORMATION BUREAU CREDIT RISK CREDITOR CREDITORS CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CUSTOMS DUTIES CUSTOMS DUTY DEFAULT RATES DEMOGRAPHICS DEPOSIT DEPOSITS DEVALUATION DEVELOPMENT BANK DOMESTIC DEMAND DOMESTIC ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC EFFICIENCY ECONOMIC GROWTH ENVIRONMENTAL EQUIPMENT EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATE POLICIES EXPENDITURE EXPENDITURES EXPORT COMMODITIES EXPORT GOODS EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXTERNAL DEBT EXTERNAL DEMAND EXTERNAL SHOCKS FINANCIAL DEVELOPMENT FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL MARKETS FISCAL BALANCE FISCAL DEFICIT FISCAL POLICY FIXED INVESTMENT FLOATING EXCHANGE RATE FLOATING EXCHANGE RATE REGIME FOOD PRICE FOOD PRICES FOREIGN CURRENCY FOREIGN CURRENCY RESERVES FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS FOREIGN INVESTMENTS FOREIGN RESERVES FORESTRY FORGIVENESS FUTURES FUTURES MARKETS GLOBAL MARKET GLOBAL MARKETS GOVERNANCE ISSUES GOVERNMENT DEBT GOVERNMENT DEBT MARKET GOVERNMENT EXPENDITURES GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS CAPITAL FORMATION GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES HUMAN CAPITAL HUMAN DEVELOPMENT IMMOVABLE PROPERTY IMPORT IMPORT GROWTH IMPORTS INCOME LEVEL INFLATION INFLATION DYNAMICS INFORMATION ON BORROWERS INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INTEREST RATE INTEREST RATES INTERNATIONAL FINANCE INTERNATIONAL PRICES INTERNATIONAL RESERVES INTERNATIONAL TRADE INVENTORY INVESTING INVESTMENT BANKS INVESTMENT EXPENDITURES INVESTMENT PROJECTS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LEGAL FRAMEWORK LENDERS LIQUIDITY LOAN AGREEMENTS LOAN PROCESSING LOAN RATE LOCAL CURRENCY LOCAL MARKET MACROECONOMIC INDICATORS MACROECONOMIC MANAGEMENT MAJOR CURRENCIES MARKET CONCENTRATION MARKET DEVELOPMENTS MARKET REFORMS MARKET REQUIREMENTS MATURITY MICROFINANCE MONETARY POLICY NATIONAL BANK NOMINAL DEPRECIATION NOMINAL DEVALUATION NON-PERFORMING LOAN NON-PERFORMING LOANS NONPERFORMING LOANS NPL PENSIONS POPULATION GROWTH POVERTY REDUCTION PRIVATE CONSUMPTION PRIVATE INVESTMENTS PRODUCERS PRODUCTION COSTS PRODUCTIVITY GROWTH PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC SPENDING RATE OF GROWTH REAL EFFECTIVE EXCHANGE RATE REAL WAGE GROWTH REAL WAGES REGISTRATION SYSTEM REGULATORY REFORMS REMITTANCE REMITTANCES RESERVES RESOURCE MANAGEMENT RETURN RETURN ON ASSETS RETURNS RISK MANAGEMENT SECTOR REFORM SECTOR REFORMS SHORTFALL SLOWDOWN SLOWDOWNS SOFT BUDGET CONSTRAINTS STABLE EXCHANGE RATE STABLE GROWTH STOCKS STRUCTURAL REFORMS SUPPLY SIDE SURPLUS TAX TAX CODE TOTAL DEPOSITS TOTAL EXPORT TOTAL EXPORTS TOTAL IMPORT TOTAL IMPORTS TRADE ACCOUNT TRADE BALANCE TRADE BARRIERS TRADE DEFICIT TRADE FACILITATION TRADING TRADING PARTNERS TRANSMISSION MECHANISM TRANSPARENCY TRANSPORTATION COSTS TREASURIES TREASURY UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT RATE VULNERABILITY TO SHOCKS WAGES WAREHOUSE WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/2014/04/19401048/tajikistan-strong-growth-rising-risks http://hdl.handle.net/10986/18659