Das Jahr 1993 war für Kasachstan von zwei wesentlichen Entwicklungen geprägt. Zum einen hat sich die krisenhafte Entwicklung der Wirtschaft weiter vertieft. Die zweite Änderung besteht darin, daß Kasachstan durch die Einführung einer eigenen Währung gegen Ende des Jahres zum ersten Mal die...

Der vorliegende Bericht ist in drei Hauptteile gegliedert. Im ersten Teil wird ein Überblick über die Strukturmerkmale der Wirtschaft, die außenwirtschaftliche Verflechtung, die Geldwirtschaft sowie über Konzepte und Verlauf der Reformen gegeben. Der zweite Teil geht ausführlich auf die...

This Background Paper and Statistical Appendix reviews the real economy and systemic reforms in the Republic of Kazakhstan during 1993–94. In early 1994, the Kazakh authorities launched a major stabilization program to improve the financial situation and reinforce the structural reforms. A...

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....

This Selected Issues paper on the Republic of Kazakhstan underlies growth of the non-oil sector, fiscal management of oil wealth, and bank credit growth. The share of tradables in the non-oil sector has declined significantly, both in terms of value added and employment, while many nontradable...

This paper reviews economic developments in the Republic of Kazakhstan during 1993–97. During 1993–94, price liberalization was virtually completed, most of the restrictions on foreign trade were eliminated, and a new currency with a unified rate was introduced. At the same time, state...

This Selected Issues paper presents a brief overview of developments and prospects for the petroleum sector of the Republic of Kazakhstan. The paper conducts a comprehensive assessment of fiscal vulnerability, fiscal sustainability, and fiscal stance in Kazakhstan, focusing on the government’s...

This 2001 Article IV Consultation for Kazakhstan highlights that real GDP growth in 2001 is expected to be about 13 percent, driven by the strong growth in the petroleum sector and associated spillover effects. Inflation has declined further to 6.4 percent in December (year-over-year). Gross...