The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
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Lasting change eluded Kyrgyzstan in 2005 when Bakiyev came to power. Now that his regime has collapsed, the new leaders will have to work hard to earn back the trust of the Kyrgyz people.
Source: Common Ground News Service

Kelima Yakupova is a Kyrgyz national and Junior Fellow of the Russia and Eurasia Program at the Carnegie Endowment for International Peace. This article was written for the Common Ground News Service (CGNews).
Kelima V. Yakupova
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
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