Creating Markets in Kazakhstan : Country Private Sector Diagnostic

The first section identifies the overlaps between Kazakhstan's development objectives and the goals of IFC's new strategy of creating markets for the private sector. Kazakhstan's development objectives are to increase diversification...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/867531531292103142/Creating-markets-in-Kazakhstan-country-private-sector-diagnostic
http://hdl.handle.net/10986/30209
id okr-10986-30209
recordtype oai_dc
spelling okr-10986-302092021-05-25T09:16:29Z Creating Markets in Kazakhstan : Country Private Sector Diagnostic World Bank Group PRIVATE SECTOR DEVELOPMENT NEW SILK ROAD MACROECONOMIC POLICY TRANSPORT WHEAT TRADE LIVESTOCK MARKET ACCESS EXPORT COMPETITIVENESS BUSINESS ENVIRONMENT FDI The first section identifies the overlaps between Kazakhstan's development objectives and the goals of IFC's new strategy of creating markets for the private sector. Kazakhstan's development objectives are to increase diversification, employment, and productivity. These are based on the government's 2030 Strategy and 2020 Plan, as well as World Bank Group (WBG) country assessments. Operationalizing the IFC 3.0 strategy requires identifying the markets with the greatest potential to help meet these objectives. The approach amounts to: (a) identifying those sectors with the greatest market potential which, if realized, would have the greatest impact on development objectives; (b) providing an assessment of what is preventing the realization of market potential; and (c) indicating the IFC and WB activities that should be the top priorities to help meet this double bottom-line of development impact and market creation. The assessment in the second section indicates that the sectors with the greatest unrealized development and market potential are food-grains, meat and poultry, and cross-Kazakhstan transport and logistics. The market potential assessment relies on quantitative tools (multiplier models, product space and competitiveness benchmarking), expert interviews and a survey of policy reports. The assessment in the second section indicates that the sectors with the greatest unrealized development and market potential are food-grains, meat and poultry, and cross-Kazakhstan transport and logistics. The market potential assessment relies on quantitative tools (multiplier models, product space and competitiveness benchmarking), expert interviews and a survey of policy reports. The last section summarizes the priority horizontal reforms, sector-specific policies, and promising sectors with the potential for expansion and greater firm entry. The first part of this section is intended to inform the high-level dialogue between WBG management and Kazakhstani authorities. The second part is essentially the sector-wide measures without which private sector investments will not be forthcoming, recognizing that the aim is to create markets and expand private sector development. The third part identifies promising areas where private sector actors could play a catalytic role, recognizing the ease of playing such roles differs by sector: it is greatest for grains, somewhat less for meat, and least for transport and logistics. 2018-08-14T18:23:25Z 2018-08-14T18:23:25Z 2017-11 Report http://documents.worldbank.org/curated/en/867531531292103142/Creating-markets-in-Kazakhstan-country-private-sector-diagnostic http://hdl.handle.net/10986/30209 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: PSD, Privatization and Industrial Policy 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
topic PRIVATE SECTOR DEVELOPMENT
NEW SILK ROAD
MACROECONOMIC POLICY
TRANSPORT
WHEAT TRADE
LIVESTOCK
MARKET ACCESS
EXPORT COMPETITIVENESS
BUSINESS ENVIRONMENT
FDI
spellingShingle PRIVATE SECTOR DEVELOPMENT
NEW SILK ROAD
MACROECONOMIC POLICY
TRANSPORT
WHEAT TRADE
LIVESTOCK
MARKET ACCESS
EXPORT COMPETITIVENESS
BUSINESS ENVIRONMENT
FDI
World Bank Group
Creating Markets in Kazakhstan : Country Private Sector Diagnostic
geographic_facet Europe and Central Asia
Kazakhstan
description The first section identifies the overlaps between Kazakhstan's development objectives and the goals of IFC's new strategy of creating markets for the private sector. Kazakhstan's development objectives are to increase diversification, employment, and productivity. These are based on the government's 2030 Strategy and 2020 Plan, as well as World Bank Group (WBG) country assessments. Operationalizing the IFC 3.0 strategy requires identifying the markets with the greatest potential to help meet these objectives. The approach amounts to: (a) identifying those sectors with the greatest market potential which, if realized, would have the greatest impact on development objectives; (b) providing an assessment of what is preventing the realization of market potential; and (c) indicating the IFC and WB activities that should be the top priorities to help meet this double bottom-line of development impact and market creation. The assessment in the second section indicates that the sectors with the greatest unrealized development and market potential are food-grains, meat and poultry, and cross-Kazakhstan transport and logistics. The market potential assessment relies on quantitative tools (multiplier models, product space and competitiveness benchmarking), expert interviews and a survey of policy reports. The assessment in the second section indicates that the sectors with the greatest unrealized development and market potential are food-grains, meat and poultry, and cross-Kazakhstan transport and logistics. The market potential assessment relies on quantitative tools (multiplier models, product space and competitiveness benchmarking), expert interviews and a survey of policy reports. The last section summarizes the priority horizontal reforms, sector-specific policies, and promising sectors with the potential for expansion and greater firm entry. The first part of this section is intended to inform the high-level dialogue between WBG management and Kazakhstani authorities. The second part is essentially the sector-wide measures without which private sector investments will not be forthcoming, recognizing that the aim is to create markets and expand private sector development. The third part identifies promising areas where private sector actors could play a catalytic role, recognizing the ease of playing such roles differs by sector: it is greatest for grains, somewhat less for meat, and least for transport and logistics.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Creating Markets in Kazakhstan : Country Private Sector Diagnostic
title_short Creating Markets in Kazakhstan : Country Private Sector Diagnostic
title_full Creating Markets in Kazakhstan : Country Private Sector Diagnostic
title_fullStr Creating Markets in Kazakhstan : Country Private Sector Diagnostic
title_full_unstemmed Creating Markets in Kazakhstan : Country Private Sector Diagnostic
title_sort creating markets in kazakhstan : country private sector diagnostic
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/867531531292103142/Creating-markets-in-Kazakhstan-country-private-sector-diagnostic
http://hdl.handle.net/10986/30209
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