ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
Only hope remains for this nation
Kyrgyzstan
is inflicted with both political unrest & economical strife. With 40% population existing below poverty line in 2004 & with the country’s economy exhibiting a minuscule 1.4% growth in the following year, Kyrgyzstan’s economy is in for a serious toss. The capacity of Kumptor gold mine to which Kyrgyzstan owes about 10% of its GDP, will also fizzle out in a few years & it is said that the authorities have taken a wrong decision about the profit yielding mine. The political furor & the economical ruckus of Kyrgyzstan are apparently in direct proportion to one another as a consequence to which protests & loot preceded by demonstration against President Asker Akayev seems to be the root of all the chaos. The famous Tulip Revolution of 2005 forced him to flee to Russia but even after his departure, situation hasn’t improved. There is a speculating of a second revolution because of their inability to foresee any prosperity for the country’s future. Nothing but an aggressive cultivation of congenial foreign relations teamed up with a vehement effort towards political stability will metamorphose Kyrgyzstan’s economy.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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