Download or read book Republic of Kazakhstan 2005 Article IV Consultation written by Juan Carlos Di Tata and published by . This book was released on 2005 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Kazakhstan written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-07-21 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report for the 2005 Article IV Consultation on the Republic of Kazakhstan highlights the economic outlook and fiscal policy. Inflation moderated to single-digit levels and confidence in the banking system strengthened, leading to rapid remonetization and significant dedollarization. The conduct of monetary policy has been complicated by the inflows of private capital, surging oil earnings, and buoyant demand conditions. Although Kazakhstan has made considerable progress in the structural area, the pace of reform implementation has slowed. Rapid growth has translated into lower poverty, but social indicators remain weak.
Download or read book Republic of Kazakhstan written by Fondo Monetario Internacional and published by . This book was released on 2005 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Kazakhstan Staff Report for the Article IV Consultation written by and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Kazakhstan written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-07-05 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discussions centered on the needed steps to tighten monetary conditions, curb banks’ external borrowing, and reduce banks’ vulnerability to a sharp deterioration in the quality of loan portfolios. Strong expansion in oil and non-oil receipts in 2005 permitted continued rapid spending growth within a sharply increasing surplus position of the overall budget. The authorities recognize that structural reforms to enhance the investment climate are critical for sustaining the non-oil sector’s growth prospects. Significant gains in productivity will be required to offset the impact of the inevitable trend real exchange rate appreciation.
Download or read book Republic of Kazakhstan written by Fondo Monetario Internacional and published by . This book was released on 2006 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Kazakhstan Staff Report for the Article IV Consultation written by and published by . This book was released on 2009 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Kazakhstan written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2020-01-29 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with Republic of Kazakhstan discusses that the political transition has increased the focus on social conditions and regional and rural development. Discussions focused on enhancing the inflation-targeting framework, bank soundness, the fiscal framework, structural reforms, and governance. Growth has been buoyed by new spending, retail credit, and oil and gas investments. Inflation has picked up, and the current account has deteriorated. High domestic demand driven by major oil and gas investments and government and household consumption supported by wage increases and consumer lending has underpinned the economy’s strong performance. The state continues to play a strong role in the economy, and the authorities face challenges ensuring that measures are well targeted and effective in promoting private sector growth. The challenges include oil volatility and dependency, reliance on subsidies and other state support, still-impaired banks, and governance vulnerabilities. Progress is being made with structural reform implementation, with many of the flagships “100 Concrete Steps” completed and the remaining ones broadly on track. Efforts to promote a smaller state footprint should continue, with actions to improve governance and mitigate corruption vulnerabilities.
Download or read book Republic of Kazakhstan written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2014-08-05 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES Context: Solid growth in recent years, supported by high oil prices and output, has boosted living standards. This year, the economy is slowing down, in large part because of weaker domestic and external demand, and regional tensions. Inflation is expected to accelerate temporarily due to the devaluation of the tenge (February 2014). Enhancing the policy architecture and promoting a business environment unencumbered by the state remain key challenges for Kazakhstan to become a dynamic emerging market economy and ensure durable and balanced long-term growth. The recent reappointment of Prime Minister Massimov was accompanied by the authorities’ commitment to speeding up structural reforms. In this context, the government is strengthening its links with the multilateral development banks (MDBs). The May 29 signing of the Eurasian Economic Union (EEU), with Russia and Belarus, is not expected to have near-term economic effects; medium-term effects will depend on how the Union’s rules and regulations will be implemented. Focus of consultation and key recommendations: Amid uncertain external and domestic environments, the consultation focused on policy measures to mitigate shocks and achieve the authorities’ short- and medium-term objectives, in particular: (i) restoring confidence and stability in the post-devaluation environment; (ii) resolving the nonperforming loans (NPL) problem, in line with the recent FSAP recommendations; (iii) bolstering the monetary and fiscal policy frameworks, as recommended last year; and (iv) accelerating structural reforms, including the implementation of industrialization and diversification policies carefully and transparently. Previous consultation: During the 2013 Article IV Consultation, Directors encouraged the authorities to take advantage of the positive outlook to strengthen the macroeconomic policy architecture, including by (i) showing greater determination to addressing the high level of NPLs; (ii) following through on the planned introduction of a new policy interest rate to enhance the transmission mechanism of monetary policy; and (iii) revamping the medium-term fiscal framework through improved coverage and transparency. Since then, the authorities have been more resolute in dealing with the NPL problem. However, progress in strengthening the monetary and fiscal policy frameworks has been slow.
Download or read book Presidents Oligarchs and Bureaucrats written by Margarete Klein and published by Routledge. This book was released on 2016-04-08 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade the "transition paradigm", which is based on the conviction that authoritarian political systems would over time necessarily develop into democracies, has been subjected to serious criticism. The complex political and societal developments in the post-Soviet region in particular have exposed flaws in the claim that a shift from authoritarianism to democracy is inevitable. Using case studies from the post-Soviet region, a broad range of international contributors present an original and innovative contribution to the debate. They explore the character of post-Soviet regimes and review the political transformations they have experienced since the end of the Cold War. Through a combination of theoretical approaches and detailed, empirical analysis the authors highlight the difficulties and benefits of applying the concepts of hybrid regimes, competitive authoritarianism and neopatrimonialism to the countries of the post-Soviet space. Through this in-depth approach the authors demonstrate how "Presidents, Oligarchs and Bureaucrats" in the region lead their countries, examine the sources of their legitimacy and their relationship to the societies they govern and advance the general theoretical debate on regime change and transition paths.
Download or read book IEO Evaluation Report on the IMF s Approach to Capital Account Liberalization 2005 written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2005-08-09 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on evidence from a sample of emerging market economies over the period 1990-2004, this evaluation report reviews the IMF’s approach to capital account liberalization and related issues. The evaluation seeks to contribute to transparency by documenting what in practice has been the IMF's approach to these issues and to identify areas where the IMF’s instruments and operating methods might be improved, in order to deal with these issues more effectively.
Download or read book OSCE Yearbook 2013 written by Bloomsbury Publishing and published by Bloomsbury Publishing. This book was released on 2015-04-23 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book details the responsibilities and activities of the Organization for Security and Co-operation in Europe. Chapters range from conflict prevention and crisis management via the promotion of democracy and human rights to arms control – with each chapter including analysis and reports on political and diplomatic practice.
Download or read book Kazakhstan s Diversification from the Natural Resources Sector written by Irina Heim and published by Springer Nature. This book was released on 2020-09-15 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book 21st Century Statecraft written by Nayef Al-Rodhan and published by Lutterworth Press. This book was released on 2022-07-28 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From civilisational frontier risks associated with new challenges like disruptive technologies, to the shifting nature of great-power conflicts and subversion, the 21st century requires a new approach to statecraft. In 21st-Century Statecraft, Professor Nayef Al-Rodhan proposes five innovative statecraft concepts. He makes the case for a new method of geopolitical analysis called 'meta-geopolitics', and for 'dignity-based governance'. He shows how, in an interdependent and interconnected world, traditional thinking must move beyond zero-sum games and focus on 'multi-sum and symbiotic realist' interstate relations. This requires a new paradigm of global security premised on five dimensions of security, and a new concept of power, 'just power', which highlights the centrality of justice to state interests. These concepts enable states to balance competing interests and work towards what the author calls 'reconciliation statecraft'. Throughout, Professor Al-Rodhan brings his philosophical and neuroscientific expertise to bear, providing a practical model for conducting statecraft in a sustainable way.
Download or read book Kyrgyz Republic Staff Report for the Article IV Consultation and Request for Three year Arrangement Under the Poverty Reduction and Growth Facility written by and published by . This book was released on 2007 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Kazakhstan 2021 Article IV Consultation Press Release Staff Report Staff Statement and Statement by the Executive Director for Kazakhstan written by International Monetary and published by International Monetary Fund. This book was released on 2022-04-11 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Activity returned to its pre-COVID level in 2021. Inflation remains well above the NBK’s 4–6 percent target band, and spillovers from sanctions on Russia will exacerbate price pressures and weaken economic growth in 2022. Kazakhstan benefits from strong fiscal and external buffers but risks to the outlook are elevated due to the uncertain impact on Kazakhstan of the sanctions on Russia and heightened domestic tensions since the January social unrest episode. In the medium term, non-oil growth under the baseline is expected to converge to about 4 percent. Sustainable growth will require greater economic diversification. Climate-related challenges are acute for Kazakhstan given its outsized hydrocarbon sector, high per-capita greenhouse gas emissions, and low domestic energy prices.
Download or read book Economic Papers written by and published by . This book was released on 1981 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt:
