Regional Development : Lessons from International Experience Applicable for Kazakhstan
The first concerns the objective of regional development. International experience and the vast literature on economic geography suggest that as Kazakhstan transforms itself from a middle income country to a high income country, the spatial distrib...
| Main Author: | |
|---|---|
| Format: | Policy Note |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2011/08/16791329/regional-development-lessons-international-experience-applicable-kazakhstan http://hdl.handle.net/10986/19452 |
| id |
okr-10986-19452 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-194522021-04-23T14:03:45Z Regional Development : Lessons from International Experience Applicable for Kazakhstan Akkaya, Sebnem CITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH GRANT PROGRAMS INTERGOVERNMENTAL TRANSFERS LAGGING REGIONS LOCAL GOVERNMENT LOCAL GOVERNMENTS MIGRATION MUNICIPAL MUNICIPAL DEVELOPMENT PENSIONS POOR REGIONS REGIONAL DEVELOPMENT REGIONAL POLICIES REGIONAL POLICY SAFETY NET SCHOOLS SOCIAL SERVICES SPATIAL DISTRIBUTION SUBNATIONAL GOVERNMENTS TECHNICAL ASSISTANCE TRANSPORT WAGES WATER SUPPLY The first concerns the objective of regional development. International experience and the vast literature on economic geography suggest that as Kazakhstan transforms itself from a middle income country to a high income country, the spatial distribution of economic activity will continue to be uneven. Growth will be concentrated in a few leading cities and regions, as firms take advantage of agglomeration economies and workers migrate seeking higher wages. The second finding concerns the instruments of regional policy. Much of the discussion of regional policies focuses on the use of geographically-targeted subsidies or financing aimed at encouraging investment in lagging regions. But the World Bank's experience shows that this emphasis is too narrow. The most important policies that affect the growth of a region may not be those that are geographically targeted. The third finding concerns the design of regional development financing mechanisms. While regional development grants play, at best, an ancillary role in the economic development of lagging regions, they can be an important source of financing. Finally, the World Bank has learned that Municipal Development Funds (MDFs) may require reforms at the local level. Local governments vary in their capacity to prepare 'bankable' projects. 2014-08-19T20:12:33Z 2014-08-19T20:12:33Z 2011-08-22 http://documents.worldbank.org/curated/en/2011/08/16791329/regional-development-lessons-international-experience-applicable-kazakhstan http://hdl.handle.net/10986/19452 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Europe and Central Asia Kazakhstan |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
CITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH GRANT PROGRAMS INTERGOVERNMENTAL TRANSFERS LAGGING REGIONS LOCAL GOVERNMENT LOCAL GOVERNMENTS MIGRATION MUNICIPAL MUNICIPAL DEVELOPMENT PENSIONS POOR REGIONS REGIONAL DEVELOPMENT REGIONAL POLICIES REGIONAL POLICY SAFETY NET SCHOOLS SOCIAL SERVICES SPATIAL DISTRIBUTION SUBNATIONAL GOVERNMENTS TECHNICAL ASSISTANCE TRANSPORT WAGES WATER SUPPLY |
| spellingShingle |
CITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH GRANT PROGRAMS INTERGOVERNMENTAL TRANSFERS LAGGING REGIONS LOCAL GOVERNMENT LOCAL GOVERNMENTS MIGRATION MUNICIPAL MUNICIPAL DEVELOPMENT PENSIONS POOR REGIONS REGIONAL DEVELOPMENT REGIONAL POLICIES REGIONAL POLICY SAFETY NET SCHOOLS SOCIAL SERVICES SPATIAL DISTRIBUTION SUBNATIONAL GOVERNMENTS TECHNICAL ASSISTANCE TRANSPORT WAGES WATER SUPPLY Akkaya, Sebnem Regional Development : Lessons from International Experience Applicable for Kazakhstan |
| geographic_facet |
Europe and Central Asia Kazakhstan |
| description |
The first concerns the objective of
regional development. International experience and the vast
literature on economic geography suggest that as Kazakhstan
transforms itself from a middle income country to a high
income country, the spatial distribution of economic
activity will continue to be uneven. Growth will be
concentrated in a few leading cities and regions, as firms
take advantage of agglomeration economies and workers
migrate seeking higher wages. The second finding concerns
the instruments of regional policy. Much of the discussion
of regional policies focuses on the use of
geographically-targeted subsidies or financing aimed at
encouraging investment in lagging regions. But the World
Bank's experience shows that this emphasis is too
narrow. The most important policies that affect the growth
of a region may not be those that are geographically
targeted. The third finding concerns the design of regional
development financing mechanisms. While regional development
grants play, at best, an ancillary role in the economic
development of lagging regions, they can be an important
source of financing. Finally, the World Bank has learned
that Municipal Development Funds (MDFs) may require reforms
at the local level. Local governments vary in their capacity
to prepare 'bankable' projects. |
| format |
Economic & Sector Work :: Policy Note |
| author |
Akkaya, Sebnem |
| author_facet |
Akkaya, Sebnem |
| author_sort |
Akkaya, Sebnem |
| title |
Regional Development : Lessons from International Experience Applicable for Kazakhstan |
| title_short |
Regional Development : Lessons from International Experience Applicable for Kazakhstan |
| title_full |
Regional Development : Lessons from International Experience Applicable for Kazakhstan |
| title_fullStr |
Regional Development : Lessons from International Experience Applicable for Kazakhstan |
| title_full_unstemmed |
Regional Development : Lessons from International Experience Applicable for Kazakhstan |
| title_sort |
regional development : lessons from international experience applicable for kazakhstan |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2011/08/16791329/regional-development-lessons-international-experience-applicable-kazakhstan http://hdl.handle.net/10986/19452 |
| _version_ |
1764440897879015424 |