The Republic of Kazakhstan in the Global Economy

The Republic of Kazakhstan in the Global Economy PDF Author: Karim Massimov
Publisher:
ISBN: 9789965910609
Category : Kazakhstan
Languages : en
Pages : 223

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Book Description

The Republic of Kazakhstan in the Global Economy

The Republic of Kazakhstan in the Global Economy PDF Author: Karim Massimov
Publisher:
ISBN: 9789965910609
Category : Kazakhstan
Languages : en
Pages : 223

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Book Description


Republic of Kazakhstan

Republic of Kazakhstan PDF Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 40

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Book Description
Republic of Kazakhstan: Selected Issues

Republic of Kazakhstan

Republic of Kazakhstan PDF Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1513529285
Category : Business & Economics
Languages : en
Pages : 69

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Book Description
This Selected Issues paper conducts a review of taxes on labor in Kazakhstan, which, despite the current relatively low level of collections, have the potential to become an important source of non-oil fiscal revenue. This paper focuses on one group of non-oil taxes, personal income tax and other taxes on labor, and reviews their effective burden, progressivity, and efficiency. These taxes are found to have limited responsiveness to oil-sector fluctuations, and thus help enhance the resilience of public finance to oil shocks. The existing labor tax system is characterized by a low, flat headline rate, limited progressivity except at the lower end of household income distribution due to deduction of the minimum wage, and a relatively high tax burden mainly born by the formal sector. Having a more equitable and efficient labor tax system would involve a targeted strategy for deductions and exemptions, expanding the tax base, and continuing to improve tax design, administration, and collection enforcement.

Kazakhstan: Accelerating Economic Diversification

Kazakhstan: Accelerating Economic Diversification PDF Author: Kym Anderson
Publisher: Asian Development Bank
ISBN: 9292612638
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
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.

Central Asia and the New Global Economy

Central Asia and the New Global Economy PDF Author: Boris Z. Rumer
Publisher: Routledge
ISBN: 1317475240
Category : History
Languages : en
Pages : 273

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Book Description
Central Asia's new states have been buffeted by financial ill winds from East Asia and Russia and by Islamic revolutionary movements from the south. In the context of widespread and deepening impoverishment, endemic corruption, gaping inequalities, and external pressures to undertake difficult reforms, economic crisis threatens to expand into profoundly destabilizing social and political crises as well.This volume analyzes the geopolitical and macroeconomic situation of Central Asia, local policy responses to the current crisis, and alternative scenarios for the foreseeable future. It devotes particular attention to Kazakhstan, Turkmenistan, and Uzbekistan. Beyond the immediate case, the book focuses on policy measures and institutional improvements that could most directly impact the capacity of economies in the region to adapt to the globalization process.

Republic of Kazakhstan

Republic of Kazakhstan PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451820798
Category : Business & Economics
Languages : en
Pages : 137

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Book Description
This Selected Issues paper and Statistical Appendix describes economic developments in the Republic of Kazakhstan during 1996–99. The paper provides information on the magnitude of large external shocks felt by Kazakhstan during 1998, describes the policy approach taken by the Kazakh authorities in response to these shocks, and summarizes developments in the real, monetary, fiscal, and external sectors in 1998 and the first quarter of 1999. The paper also contains a brief account of progress on structural reforms.

Republic of Kazakhstan

Republic of Kazakhstan PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455288632
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
Trade was also initially undermined by a severe recession. Kazakhstan is facing increased challenges from higher global commodity prices. Against this background, an encompassing policy response is needed to control inflation and mitigate the scope for second-round price effects. The increase of trade openness in the 2000s coincided with Kazakhstan becoming a major oil producer and exporter. A number of issues still need to be resolved to achieve free trade of goods and services within the borders of the union.

Central Asia in a Reconnecting Eurasia

Central Asia in a Reconnecting Eurasia PDF Author: Andrew C. Kuchins
Publisher: Rowman & Littlefield
ISBN: 1442241071
Category : Political Science
Languages : en
Pages : 51

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Book Description
Today, with combat operations in Afghanistan winding down, U.S. policy toward the states of Central Asia is transitioning to a new era. The United States now has an opportunity to refashion its approach to the region. In doing so, it should capitalize on trends already underway, in particular the expansion of trade and transit linkages, to help integrate Central Asia more firmly into the global economy, while also working to overcome tensions both within the region itself and among the major neighboring powers with interests in Central Asia. Central Asia in a Reconnecting Eurasia: Kazakhstan’s Evolving Foreign Economic and Security Interests, part of a five-volume series, examines the full scope of U.S. national interests in Kazakhstan and puts forward the broad outlines of a strategy for U.S. engagement over the coming years.

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
ISBN: 0691185409
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
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.

Kazakhstan's Diversification from the Natural Resources Sector

Kazakhstan's Diversification from the Natural Resources Sector PDF Author: Irina Heim
Publisher: Springer Nature
ISBN: 3030373894
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
This book explores opportunities for diversifying modern Kazakhstan's economy, which is still heavily dependent on its natural resources, as well as looking at economic opportunities for the whole Central Asian region arising from the Chinese government's Belt and Road Initiative (BRI). The book is comprised of four parts. Part 1 explores the first main theme of the book: development of the economy based on the resource sector with the example of Kazakhstan. Part 2 examines opportunities for diversification arising from BRI: a rise of transport and communication industries alongside the new Belt and Road economic route. Part 3 explores the view from China on the perspectives of regional development, not least the economic reasons for the launch of this programme, investments and planned effects. Part 4 discusses other internal sources for diversification of the economy in Kazakhstan based on development of local industry in the oil and gas sector, small- and medium-sized enterprises and tertiary sector of the economy. This book will be of value for students, academics, policy-makers, and practitioners focused on economic development and business in the Central Asian region, as well as those who are working on the design of instruments for economic development in their own countries.