The study reviews the experience of Kazakstan with financial reform. After establishing a two-tier banking system with the National Bank of Kazakstan as the central monetary authority, banks were separated between deposit taking institutions and investment banks. The priorities of the monetary...

This paper considers the links between education and employment in Kazakhstan. Using a sample of 12 000 Kazakhstani households, we analyse the factors determining the choice made by young adults between education and work within a multinomial logit framework. Our results confirm that while men...

The purpose of this paper is to analyse the geopolitical influence on economic development. Kazakstan is one of the former Soviet Republics which became independent in 1991, which have since then become subject to strong internal and external geopolitical forces. It is the intention of this...