Kazakhstan : The Economy Has Bottomed Out--What is Next?

Kazakhstan : The Economy Has Bottomed Out--What is Next?

In 2016, Kazakhstan’s GDP growth continued to slow and real wages declined further, negatively affecting poverty rates. The authorities reacted by extending additional spending measures and easing monetary conditions. In the medium term, Kazakhstan...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: Washington, DC: World Bank 2017
Subjects:
ECONOMIC OUTLOOK
ECONOMIC GROWTH
MACROECONOMIC POLICY
STRUCTURAL REFORM
RISKS
AGRICULTURAL PRODUCTIVITY
Online Access:http://documents.worldbank.org/curated/en/585891494402103086/Kazakhstan-The-economy-has-bottomed-out-what-is-next-country-economic-update-Spring-2017
http://hdl.handle.net/10986/26671
id okr-10986-26671
recordtype oai_dc
spelling okr-10986-266712021-05-25T09:49:15Z Kazakhstan : The Economy Has Bottomed Out--What is Next? World Bank Group ECONOMIC OUTLOOK ECONOMIC GROWTH MACROECONOMIC POLICY STRUCTURAL REFORM RISKS AGRICULTURAL PRODUCTIVITY In 2016, Kazakhstan’s GDP growth continued to slow and real wages declined further, negatively affecting poverty rates. The authorities reacted by extending additional spending measures and easing monetary conditions. In the medium term, Kazakhstan’s economic growth rate is projected to pick up slowly, but it will remain below pre-2014 levels (when the oil price shock hit the economy). In the longer term, Kazakhstan’s desire for an economic transformation to more sustainable and inclusive growth will require completing the macroeconomic adjustment, addressing the legacy of SOEs and financial sector issues, and fostering development of a more dynamic, export-oriented and productive private sector. 2017-05-19T18:36:36Z 2017-05-19T18:36:36Z 2017-04 Report http://documents.worldbank.org/curated/en/585891494402103086/Kazakhstan-The-economy-has-bottomed-out-what-is-next-country-economic-update-Spring-2017 http://hdl.handle.net/10986/26671 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling 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 ECONOMIC OUTLOOK
ECONOMIC GROWTH
MACROECONOMIC POLICY
STRUCTURAL REFORM
RISKS
AGRICULTURAL PRODUCTIVITY
spellingShingle ECONOMIC OUTLOOK
ECONOMIC GROWTH
MACROECONOMIC POLICY
STRUCTURAL REFORM
RISKS
AGRICULTURAL PRODUCTIVITY
World Bank Group
Kazakhstan : The Economy Has Bottomed Out--What is Next?
geographic_facet Europe and Central Asia
Kazakhstan
description In 2016, Kazakhstan’s GDP growth continued to slow and real wages declined further, negatively affecting poverty rates. The authorities reacted by extending additional spending measures and easing monetary conditions. In the medium term, Kazakhstan’s economic growth rate is projected to pick up slowly, but it will remain below pre-2014 levels (when the oil price shock hit the economy). In the longer term, Kazakhstan’s desire for an economic transformation to more sustainable and inclusive growth will require completing the macroeconomic adjustment, addressing the legacy of SOEs and financial sector issues, and fostering development of a more dynamic, export-oriented and productive private sector.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Kazakhstan : The Economy Has Bottomed Out--What is Next?
title_short Kazakhstan : The Economy Has Bottomed Out--What is Next?
title_full Kazakhstan : The Economy Has Bottomed Out--What is Next?
title_fullStr Kazakhstan : The Economy Has Bottomed Out--What is Next?
title_full_unstemmed Kazakhstan : The Economy Has Bottomed Out--What is Next?
title_sort kazakhstan : the economy has bottomed out--what is next?
publisher Washington, DC: World Bank
publishDate 2017
url http://documents.worldbank.org/curated/en/585891494402103086/Kazakhstan-The-economy-has-bottomed-out-what-is-next-country-economic-update-Spring-2017
http://hdl.handle.net/10986/26671
_version_ 1764462357342322688

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