Kazakhstan Financial Markets and the Development of SDR Denominated Financial Products

Dominique de Rambures ()
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Dominique de Rambures: Université Paris 1 Panthéon-Sorbonne

No 1291, Working Papers from Robert Triffin International

Abstract: Kazakhstan is located at the crossroads of Russia, China and India spheres of influence. On top of the Almaty financial center, the economic capital of the country, the government is considering starting up a new financial center in Astana (AIFC or Astana International Financial Center), the new capital city (2008) located in the northern part of the country. The creation and development of a Stock Exchange is a long-term venture that requires vision, continuity and innovation. The development of SDR markets, starting with SDR Eurobond issues, is a way to diversify the range of financial products, initiate a worldwide SDR market and attract international investors.

Keywords: Kazakhstan; financial markets; SDR; financial products; Astana; Stock Exchange (search for similar items in EconPapers)
Pages: 09 pages
Date: 2019-01
New Economics Papers: this item is included in nep-cis and nep-tra
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