The Kazakstan Economy
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Author | : Richard Pomfret |
Publisher | : Princeton University Press |
Total Pages | : 329 |
Release | : 2019-01-15 |
Genre | : Business & Economics |
ISBN | : 0691185409 |
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.
Author | : Roman Vakulchuk |
Publisher | : Emerging Markets Studies |
Total Pages | : 0 |
Release | : 2014 |
Genre | : Kazakhstan |
ISBN | : 9783631650950 |
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.
Author | : Christiansen, Bryan |
Publisher | : IGI Global |
Total Pages | : 241 |
Release | : 2020-02-07 |
Genre | : Business & Economics |
ISBN | : 1799822400 |
The progression of the independent states that were created after the collapse of the Soviet Union has become a prevalent area of research as these countries continue to make infrastructural strides. These regions possess vastly desirable natural resources including oil, gas, and minerals, causing this section of the world to have rising global importance as they continue to improve their economy, educational systems, and tourism industries. Economic, Educational, and Touristic Development in Asia is a pivotal reference source that provides a thorough examination of the contemporary progression of several recently formed countries within Central Asia. While highlighting topics such as hospitality marketing, anti-corruption reform, and entrepreneurship, this publication explores the technological, educational, and security enhancements being made in these areas, as well as how this region can strengthen its prosperity by strategically utilizing their globally-coveted natural resources. This book is ideally designed for economists, higher education faculty, provosts, chancellors, scholars, practitioners, policymakers, business professionals, marketers, restaurateurs, hotel managers, tour developers, travel agencies, government officials, strategists, educators, researchers, and graduate students.
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 136 |
Release | : 2007-05-09 |
Genre | : Political Science |
ISBN | : 0309104718 |
Kazakhstan has an ambitious program to increase its technological competitiveness in the global market place during the next few years, but achieving success will depend in large measure on the effectiveness of upgraded science and technology (S&T) capabilities. This report identifies important opportunities and limitations in the education system, research and development (R&D) institutions, production companies, and service organizations to help governmental organizations in Kazakhstan with strong interests in S&T chart the future course of the country.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 339 |
Release | : 2021-08-03 |
Genre | : Business & Economics |
ISBN | : 1464816662 |
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
Author | : Yelena Kalyuzhnova |
Publisher | : Routledge |
Total Pages | : 298 |
Release | : 2017-07-06 |
Genre | : Social Science |
ISBN | : 1351972650 |
Kazakhstan is rich in natural resources including coal, oil, natural gas and uranium and has significant renewable potential from wind, solar, hydro and biomass. In spite of this, the country is currently dependent upon fossil fuels with coal-fired plants accounting for 75% of total power generation leading to concerns over greenhouse gas emissions and impacts on human health and the environment. This book analyses the implications of the global shift to cleaner energy for a country whose economy has centred on hydrocarbon exports. The challenge is urgent for Kazakhstan, whose recent economic growth has driven increased demand for energy services, making the construction of additional generating capacity increasingly necessary for enabling sustained growth. In this context, renewable energy resources are becoming an increasingly attractive option to help bridge the demand-supply gap. Chapters written by experts in the field provide a comprehensive review of the current energy situation in Kazakhstan including fossil energy and renewable resources and analyses policy drivers for the energy sector. Emphasising that clean energy covers a variety of renewables, as well as cleaner use of hydrocarbons, this book argues that future technological change will affect the relative attractiveness of the various choices. Recognising technical, geographical and domestic and international political constraints on policymakers’ options, this book will be of interest to an interdisciplinary audience in the fields of resource management and clean energy, development economics and Central Asian Studies.
Author | : Bhavna Dave |
Publisher | : Routledge |
Total Pages | : 257 |
Release | : 2007-09-13 |
Genre | : History |
ISBN | : 1134324987 |
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.
Author | : Wojciech Ostrowski |
Publisher | : Routledge |
Total Pages | : 219 |
Release | : 2010-02-25 |
Genre | : Business & Economics |
ISBN | : 1135248249 |
Based on extensive field work and in-depth interviews in Kazakhstan, this book provides a comprehensive study of the issues of politics of oil and state-business relationships in Kazakhstan. It examines the ways in which the post-Soviet Kazakh regime has managed to sustain itself in power, and the regime maintenance techniques it has used in the process of establishing and upholding its position.
Author | : E.K. Dosmukhamedov |
Publisher | : Springer |
Total Pages | : 248 |
Release | : 2002-11-25 |
Genre | : Political Science |
ISBN | : 0230502172 |
The collapse of the centrally planned systems of the former Soviet Union undoubtedly stands out as one of the most important global events of the twentieth century. The transformation from a centralized economic system to a market system created major opportunities for Western corporations to enter markets that had formerly been closed to them. In this book E.K.Dosmukhamedov employs a distinctive approach to the study of post-communist transition by analyzing Foreign Direct Investment (FDI) from a political, legal and economic standpoint. Kazakhstan, the second largest country of the former USSR, is used as a case study to illustrate the role of FDI in restructuring the economy of the former Soviet Union countries in the Post-Communist era.
Author | : Richard Pomfret |
Publisher | : Princeton University Press |
Total Pages | : 244 |
Release | : 2020-12-08 |
Genre | : Business & Economics |
ISBN | : 0691222509 |
The 9/11 attacks, the U.S. invasion of Afghanistan, and the oil boom of recent years have greatly increased the strategic importance of resource-rich Central Asia, making an understanding of its economic--and therefore political--prospects more important than ever. In The Central Asian Economies Since Independence, Richard Pomfret provides a concise and up-to-date analysis of the huge changes undergone by the economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan since the collapse of the Soviet Union in 1991. The book assesses the economic prospects of each country, and the likelihood that economic conditions will spur major political changes. With independent chapters on each country, and chapters analyzing their comparative economic performance, the book highlights similarities and differences. Facing common problems caused by the breakdown of Soviet economic relations and the hyperinflation of the early 1990s, these countries have taken widely divergent paths in the transition from Soviet central planning to more market-based economies. The book ends in 2005 with the bloodless Kyrgyz revolution and the violence in Uzbekistan, which signaled the end of the region's political continuity. Throughout the book, Pomfret emphasizes the economic forces that foster political instability--from Kazakhstan's resource boom and Turkmenistan's lack of reform to Tajikistan's abject poverty.