Republic of Kazakhstan: Selected Issues

International Monetary Fund

No 2011/151, IMF Staff Country Reports from International Monetary Fund

Abstract: Trade was also initially undermined by a severe recession. Kazakhstan is facing increased challenges from higher global commodity prices. Against this background, an encompassing policy response is needed to control inflation and mitigate the scope for second-round price effects. The increase of trade openness in the 2000s coincided with Kazakhstan becoming a major oil producer and exporter. A number of issues still need to be resolved to achieve free trade of goods and services within the borders of the union.

Keywords: ISCR; CR; Kazakhstan; price; trade; Kazakhstan's trade; oil sector; trade tariff; food price shock; oil wealth; inflation expectation; capital formation; trade openness; Inflation; Oil; Customs unions; Tariffs; Imports; Global; Central Asia (search for similar items in EconPapers)
Pages: 41
Date: 2011-06-28
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Citations: View citations in EconPapers (3)

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