European Parliament Library

Republic of Kazakhstan :, Selected Issues

This Selected Issues paper presents an assessment of leveraging oil wealth for development in Kazakhstan. By saving most of the tax revenues collected from the oil sector in an off-budget oil fund Kazakhstan has been relatively successful in ensuring that government revenue volatility does not translate into spending volatility. The quasifiscal sector, that includes public enterprises in the oil and gas industry, is systemic in Kazakhstan. During the crisis the quasifiscal sector played an important role in the government’s stimulus program while currently it is actively involved in the country’s long- term development strategy
Table Of Contents
Cover; CONTENTS; LEVERAGING OIL WEALTH FOR DEVELOPMENT IN KAZAKHSTAN: OPPORTUNITIES AND CHALLENGES; A. Introduction; B. The Record of Management of Oil Wealth; FIGURES; 1. General Government Revenues and Expenditures; 2. General Government Non-oil Deficit; BOX; 1. Does Kazakhstan Have Dutch Disease?; C. A Model-based Framework for Analyzing Management of Oil Wealth; D. Analysis of Alternative Public Investment Scaling-up Paths; 3. Simulation Results; E. Conclusion; APPENDIX; 1. Calibration of Key Parameters; REFERENCES; References
Literary Form
non fiction
"September 2013."
Physical Description
1 online resource (21 p.)
Specific Material Designation
Form Of Item

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