Kuralbayeva, Karlygash; Kutan, Ali M.; Wyzan, Michael L. - 2001
Kazakhstan possesses extensive natural resources reserves that are expected to yield significant export revenues. Since … Kazakhstan’s attaining independence in 1991, the composition of exports has changed in favor of energy-related sectors. In the … question. This paper examines whether Kazakhstan is vulnerable to this condition. Using an extended version of the Balassa …