By employing comparative data, this paper addresses a central question: why is tax collection in Tajikistan lower than in other transitional countries? It presents a comparative analysis of the role of weak institutions and a shadow economy in determining the low level of tax effort measured by...

The paper examines recent macroeconomic performance and macroeconomic management frameworks in Kyrgyzstan, Tajikistan and Afghanistan. It also reviews existing literature on macroeconomic policies recommended for technological development of low/lower middle income countries. The literature...

Afghanistan, Kyrgyzstan, and Tajikistan are among the world’s most vulnerable countries to climate change with weak adaptive capacities. This analysis summarises adaptation technologies for agricultural, water, transport and health sectors, as well as disaster risks management technologies,...

This working paper takes into account six sources of financing - international reserves, swap arrangements, EFSD, IMF, multilateral development banks and bilateral financial support for macrostabilization. The analysis is of particular importance in the context of the current crisis associated...

Российскую версию этой статьи можно найти в: http://ssrn.com/abstract=4030635.The COVID-19 outbreak has revealed the sensitivity of economies and their debt positions to a wide range of disruptions: not only financial shocks may hamper economic growth, but...

This study aims to contribute to understanding the potential risks and impacts of both explicit and implicit contingent liability shocks on government fiscal and debt positions in the EFSD recipient countries. Special attention is paid to the significance of state-owned enterprises and their...

The dissolution of the Soviet Union and 1992-96 Tajik civil war resulted in huge human and economic losses. Nevertheless, contemporary data suggest the persistence of investments in human capital in the region most affected by famine and least favoured since the cessation of hostilities,...

he dissolution of the Soviet Union and 1992-96 Tajik civil war resulted in huge human and economic losses. Nevertheless, contemporary data suggest the persistence of investments in human capital in the region most affected by famine and least favoured since the cessation of hostilities,...

Although Central Asian countries such as Kyrgyzstan have promised to work with Chinese companies as they show growing interest in entering the region in light of the Belt and Road Initiative, considerable risks remain. Systemic political fragility and growing anti-China public sentiment in...

Large international earnings differentials negatively impact human capital investments in migrant-origin countries. We find that three Central Asian migrant-sending countries-the Kyrgyz Republic, the Republic of Tajikistan, and the Republic of Uzbekistan-are facing a for-saken schooling...

Foreign direct investment (FDI) is viewed as one of the most crucial forms of capital inflows and significant drivers of economic growth in numerous countries. In particular, developing countries, emerging economies and countries engaged in the process of development have recognized the crucial...

This paper explores the impact of international migration on school enrollment of children staying behind in Tajikistan, by using data from a large nationally representative household survey. The methodology employed is a switching probit model that accounts for the endogeneity and...

Tajikistan's outlook for small and medium-sized enterprises (SMEs) remains challenging as it continues to recover from economic downturn. The SME sector is small but steadily growing in terms of value addition and share of total employment, although access to finance remains poor and financial...

Tajikistan's human capital, eroded by the country's civil war (1992-97), remains low today. According to analyses by the World Bank's Human Capital Project, a child born in Tajikistan today is expected to be 53 percent as productive as he or she could be with full health and complete education....

The International Energy Agency (IEA) completed this report, Cross-Border Electricity Trading for Tajikistan, as part of the EU4Energy programme, a five-year initiative funded by the European Union. The programme aims to support the development of evidence-based energy policy design and data...

Can mass public health messages change behavior during a crisis? This paper assesses the impact of a COVID-19 focused text-messaging campaign launched in May 2020 with the Ministry of Health and Social Protection of Tajikistan to encourage compliance with risk reduction measures. The initiative...

After the economic slowdown in 2020, Tajikistan's GDP grew at an annual rate of 8.7 percent in the first half of 2021. According to the Listening-to-Tajikistan (L2T) survey, the social and economic wellbeing of the population severely deteriorated following the outbreak of COVID-19...

Tajikistan government has started taking a strong leadership towards sustainable development and combating climate change, as it will be very strongly affected by the impacts of climatic changes in the next one hundred years. It has pledged before the UNFCCC to take ambitious steps in adaptation...

This paper provides an analysis of financial inclusion, literacy, and education issues in the Republic of Tajikistan. It discusses the recent progress in financial inclusion and the sector's response to the major external shock associated with the sharp fall in Tajik labor migrants' remittances....

Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...

Having a family member migrant reduces not only the labor force participation but also the job satisfaction of those left behind. Migrants’ relatives build their expectations on earnings from migration through received information on the wage distribution in the destination country either from...

Rural livelihoods in Tajikistan heavily rely on natural resources and the agriculture sector. A large proportion of the rural population depends on agriculture, and weather-related calamities are exerting increasing pressure on natural resources and agricultural sectors, the major contributors...

The COVID-19 pandemic had a significant adverse impact on the Tajik economy. Real GDP growth slowed to 4.2 percent year-on-year in the first nine months of 2020, compared to 7.2 percent a year earlier. Restrictions on labor mobility and economic activity at home and abroad resulted in lower...