Structural reforms, macroeconomic policies and the future of Kazakhstan

Gilles Dufrénot () and Alain Sand-Zantman ()
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Alain Sand-Zantman: GATE - Groupe d'analyse et de théorie économique - UL2 - Université Lumière - Lyon 2 - ENS LSH - Ecole Normale Supérieure Lettres et Sciences Humaines - CNRS - Centre National de la Recherche Scientifique

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Abstract: 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.

Keywords: économie en transition; macroéconomie de la stabilisation; Pays d'asie centrale appartenant à la CEI; Central Asian CIS countries; Kazakhstan; macroeconomic stabilization; transition economies (search for similar items in EconPapers)
Date: 2004
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00180098
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Published in 2004

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00180098

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