Kazakhstan's Dynamic Economy

Kazakhstan's Dynamic Economy PDF

Author: Marat Terterov

Publisher: GMB Publishing Ltd

Published: 2006

Total Pages: 59

ISBN-13: 1846730112

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The Republic of Kazakhstan continued to assert itself as a dynamic transitional economy and attractive emerging market during 2005. With economic growth of 9.4% in 2004, the countryOCOs economic expansion continued as a result of increased oil and gas production spurred by rising global demands for energy. While Kazakhstan is attractive to international energy companies, the energy sector is not the only source of investor interest, with over $1.5 billion of investment projects currently underway. President NazarbayevOCOs re-election in December 2005, while not indicative of a fully-fledged democracy, continues to create a strong semblance of political stability in Kazakhstan, which is vital for attracting investment and facilitating growth."

Kazakhstan's Dynamic Economy

Kazakhstan's Dynamic Economy PDF

Author: Marat Terterov

Publisher:

Published: 2006

Total Pages:

ISBN-13:

DOWNLOAD EBOOK →

The Republic of Kazakhstan continued to assert itself as a dynamic transitional economy and attractive emerging market during 2005. With economic growth of 9.4% in 2004, the country's economic expansion continued as a result of increased oil and gas production spurred by rising global demands for energy. While Kazakhstan is attractive to international energy companies, the energy sector is not the only source of investor interest, with over 1.5 billion of investment projects currently underway. President Nazarbayev's re-election in December 2005, while not indicative of a fully-fledged demo.

Kazakhstan: Accelerating Economic Diversification

Kazakhstan: Accelerating Economic Diversification PDF

Author: Kym Anderson

Publisher: Asian Development Bank

Published: 2018-08-01

Total Pages: 219

ISBN-13: 9292612638

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Kazakhstan has the potential to become an economic leader in Central Asia. Relying on oil and gas alone, however, will not produce the long-run level of growth needed to meet this potential. Reforms geared to improve the business climate, enhance competitiveness, and increase private sector participation are essential. This book examines reforms to accelerate economic diversification in the country. This involves not only modernizing and using public resources in agriculture more efficiently to increase productivity, but also transitioning of manufacturing toward high-potential exports to help the country’s industrial development and create employment opportunities. Upgrading innovation of oilfield services and improving transport and logistics are important to increase participation in the global value chains.

Republic of Kazakhstan

Republic of Kazakhstan PDF

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

Published: 2014-08-05

Total Pages: 36

ISBN-13: 1498316948

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This Selected Issues paper analyzes whether Kazakhstan has made progress in achieving a more equal income distribution, lower poverty, and a higher level of employment. Given the overarching structural challenges for Kazakhstan, the authorities are stepping up efforts to implement various measures. In order to bolster youth employment and address labor market challenges, the authorities have been revamping a college internship program and a job placement program, which will help to make educated youth competitive in the labor market and to reduce labor market mismatches. The results suggest that Kazakhstan’s economic growth has been broadly inclusive; however, there is room for further improvement. Both income inequality and unemployment in Kazakhstan compare favorably to peers. Fiscal policy could be a useful tool to help reduce income inequality. Better targeting of transfers reduces their fiscal cost and tax levels required to finance them, thus achieving distributional objectives in a more efficient manner. An ambitious structural reform agenda is paramount to Kazakhstan becoming a dynamic emerging market economy and ensuring sustainable and inclusive growth.

The Central Asian Economies in the Twenty-First Century

The Central Asian Economies in the Twenty-First Century PDF

Author: Richard Pomfret

Publisher: Princeton University Press

Published: 2019-01-15

Total Pages: 329

ISBN-13: 0691185409

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This book analyzes the Central Asian economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, from their buffeting by the commodity boom of the early 2000s to its collapse in 2014. Richard Pomfret examines the countries’ relations with external powers and the possibilities for development offered by infrastructure projects as well as rail links between China and Europe. The transition of these nations from centrally planned to market-based economic systems was essentially complete by the early 2000s, when the region experienced a massive increase in world prices for energy and mineral exports. This raised incomes in the main oil and gas exporters, Kazakhstan and Turkmenistan; brought more benefits to the most populous country, Uzbekistan; and left the poorest countries, the Kyrgyz Republic and Tajikistan, dependent on remittances from migrant workers in oil-rich Russia and Kazakhstan. Pomfret considers the enhanced role of the Central Asian nations in the global economy and their varied ties to China, the European Union, Russia, and the United States. With improved infrastructure and connectivity between China and Europe (reflected in regular rail freight services since 2011 and China’s announcement of its Belt and Road Initiative in 2013), relaxation of United Nations sanctions against Iran in 2016, and the change in Uzbekistan’s presidency in late 2016, a window of opportunity appears to have opened for Central Asian countries to achieve more sustainable economic futures.

OECD Territorial Reviews: Kazakhstan

OECD Territorial Reviews: Kazakhstan PDF

Author: OECD

Publisher: OECD Publishing

Published: 2017-06-15

Total Pages: 178

ISBN-13: 9264269436

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This review looks at how a modern approach to regional development can help Kazakhstan, by mobilising the growth potential of different parts of the economy and territory, supporting economic diversification and reducing regional inequalities.

Multi-dimensional Review of Kazakhstan

Multi-dimensional Review of Kazakhstan PDF

Author: Collectif

Publisher: OECD

Published: 2017-06-15

Total Pages: 188

ISBN-13: 9264269215

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Kazakhstan has embarked upon an ambitious reform agenda to realise its aspiration of becoming one of the top 30 global economies by 2050. The country’s economy and society have undergone deep transformations since independence. To sustain economic progress, overcome recent difficulties, and drive improvements in well-being to realise its aspirations, Kazakhstan will need to address a number of challenges to ensure its economy becomes more productive and diverse, and is sufficiently flexible and resilient in the face of an ever-shifting external environment. This next stage of economic transformation will require continuing reforms. This report discusses policy actions to address four key obstacles to development in Kazakhstan, identified in Volume 1 of this review. It presents in-depth analysis and recommendations to improve the economy’s resilience through diversification, to mobilise financing for development, to transform the role of the state in the economy, including through privatisation, and to improve the effectiveness of environmental regulations.

Kazakhstan - Ethnicity, Language and Power

Kazakhstan - Ethnicity, Language and Power PDF

Author: Bhavna Dave

Publisher: Routledge

Published: 2007-09-13

Total Pages: 257

ISBN-13: 1134324987

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Kazakhstan is emerging as the most dynamic economic and political actor in Central Asia. It is the second largest country of the former Soviet Union, after the Russian Federation, and has rich natural resources, particularly oil, which is being exploited through massive US investment. Kazakhstan has an impressive record of economic growth under the leadership of President Nursultan Nazarbaev, and has ambitions to project itself as a modern, wealthy civic state, with a developed market economy. At the same time, Kazakhstan is one of the most ethnically diverse countries in the region, with very substantial non-Kazakh and non-Muslim minorities. Its political regime has used elements of political clientelism and neo-traditional practices to bolster its rule. Drawing from extensive ethnographic research, interviews, and archival materials this book traces the development of national identity and statehood in Kazakhstan, focusing in particular on the attempts to build a national state. It argues that Russification and Sovietization were not simply 'top-down' processes, that they provide considerable scope for local initiatives, and that Soviet ethnically-based affirmative action policies have had a lasting impact on ethnic élite formation and the rise of a distinct brand of national consciousness.

Kazakhstan's Emerging Economy

Kazakhstan's Emerging Economy PDF

Author: Roman Vakulchuk

Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften

Published: 2014

Total Pages: 0

ISBN-13: 9783653043280

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The book focuses on Kazakhstan's transition path. It describes the type of market economy that has evolved in the country since 1991. The Varieties of Capitalism approach and a core - periphery analytical framework are applied to classify the model of capitalist economy in the country. The research design is based on qualitative interview study.