What would a "good" industrial policy in the realm of cotton production look like? This article seeks to address this question through a focus on reforms to the cotton sector in Kazakhstan. In contrast with neighbouring Uzbekistan and Turkmenistan, administrators in Kazakhstan had widely freed...

The road to Kazakhstan's pension and social reform -- The unsustainable welfare state -- The political economy of the reform -- Macro-actuarial forecasts -- Kazakhstan's economic transformation, 1989-2007 -- Pension benefits during the transition period -- Performance of pension funds -- Legal...

This report reviews Kazakhstan’s initial social policy response to the Covid-19 pandemic, highlighting three points. First, there was obvious continuity from the pre-pandemic days in the government’s policy response as it tried to guide the country through the pandemic and prepare the...

Health resources are an important factor to reduce infant and child mortality. However, taking into account budget constraints, it is very difficult to increase public health resources for all regions within a country at the same time. For this reason, in this paper, we assess the effects of the...

Trade was also initially undermined by a severe recession. Kazakhstan is facing increased challenges from higher global commodity prices. Against this background, an encompassing policy response is needed to control inflation and mitigate the scope for second-round price effects. The increase of...

Kazakhstan’s economic recovery and unemployment rate and other issues are discussed in this paper. The banking and corporate sectors have not recovered from the crisis despite strong economic growth. Ownership and partial financing of the envisaged centralized distressed asset fund by the...