Showing 1 - 10 of 47
This paper presents a detailed analysis of the output decline in Kazakhstan in the early years of the transition. The … accounting framework quantifies the productivity slowdown in Kazakhstan and illustrates how excessive capital accumulation under …
Persistent link: https://www.econbiz.de/10014400556
This occasional paper provides an overview of the economic reform experiences of the Central Asian states of the former Soviet Union since their independence at the turn of the decade. The choice of countries reflects not only a geographical grouping, but also similarities in the types of...
Persistent link: https://www.econbiz.de/10014400606
The Republic of Kazakhstan’s 2008 Article IV Consultation shows that banks have lost access to new external financing …, credit extension has stalled, and growth has slowed. Nevertheless, Kazakhstan has considerable public financial resources to …
Persistent link: https://www.econbiz.de/10014402769
The 2007 Article IV Consultation on the Republic of Kazakhstan focuses on the appropriate policy response to mounting …
Persistent link: https://www.econbiz.de/10014403589
Kazakhstani banks continue to suffer from a high and rising stock of nonperforming loans. A centralized approach to asset resolution is warranted, and could be based on a reinvigorated Distressed Asset Fund. A robust and transparent public financial management system should be an integral part...
Persistent link: https://www.econbiz.de/10014403707
This Selected Issues paper analyzes the optimal policy response on the part of the Kazakhstan authorities to the … prospective oil inflows. It surveys the literature on the so-called natural resource curse and offers an analysis of Kazakhstan …
Persistent link: https://www.econbiz.de/10014406457
This technical note examines investment opportunities for pension funds in Kazakhstan. It puts forward policy … alternatives that could lead to improved management of pension fund assets in Kazakhstan. The note emphasizes prudence in the … alternatives and development options for the domestic Kazakhstan capital market. The note concludes that neither the regulators nor …
Persistent link: https://www.econbiz.de/10014406929
This 2004 Article IV Consultation highlights that Kazakhstan’s economy continues to expand rapidly, with average real …
Persistent link: https://www.econbiz.de/10014407101
This paper presents a Detailed Assessment and Updates of Financial Sector Standards and Codes for Kazakhstan. The … assessment reveals that although Kazakhstan’s banking system is liquid, there are significant variations from bank to bank, with …
Persistent link: https://www.econbiz.de/10014407102
This paper presents an update on Kazakhstan’s Financial System Stability Assessment including Reports on the Observance …. Kazakhstan has made impressive improvements in its financial sector legislation, and has revamped its institutional structure for …
Persistent link: https://www.econbiz.de/10014407114