Structural reforms, macroeconomic policies and the future of Kazakhstan

This paper presents a small macroeconomic model of Kazakhstan to study the impact of various economic policies. The simulations provide insight into the role of a tight monetary policy, higher foreign direct investment, rises in nominal wages and in crude oil prices. The results obtained are in line with the economic observations and give some support to the policies chosen as priority targets by the Kazakh authorities for the forthcoming years.

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Year of publication:	2005-11
Authors:	Sand, Alain
Institutions:	Groupe d'Analyse et de Théorie Économique Lyon St-Étienne (GATE Lyon St-Étienne), Faculté de Sciences Économiques et de Gestion
Subject:	Central Asian CIS countries \| Kazakhstan \| Macroeconomic stabilization \| Transition economies

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 0411 28 pages
Classification:	E17 - Forecasting and Simulation ; F43 - Economic Growth of Open Economies ; P47 - Performance and Prospects
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005112719