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Kazakhstan : adjusting to lower oil prices; challenging times ahead - biannual economic update (Fall 2015) : Казахстан: Адаптация к низким ценам на нефть; трудные времена впереди - Доклад об экономике (Осень 2015 г.) (Russian)

Kazakhstan’s economy faces the challenge of adjusting to a large terms-of-trade shock in a context of declining domestic and external demand. The authorities responded to the collapse of global oil prices through a rapid fiscal adjustment followed by corresponding monetary and exchange-rate policy adjustments. ... See More +

Working Paper (Numbered Series) 101506 NOV 30, 2015

Madani,Dorsati H.; Sarsenov,Ilyas English

Kazakhstan : adjusting to lower oil prices; challenging times ahead - biannual economic update (Fall 2015) (English)

Kazakhstan’s economy faces the challenge of adjusting to a large terms-of-trade shock in a context of declining domestic and external demand. The authorities responded to the collapse of global oil prices through a rapid fiscal adjustment followed by corresponding monetary and exchange-rate policy adjustments. ... See More +

Working Paper (Numbered Series) 101506 NOV 30, 2015

Madani,Dorsati H.; Sarsenov,Ilyas Russian

Kazakhstan - Low oil prices; an opportunity to reform - biannual economic update (Spring 2015) (English)

Kazakhstan’s gross domestic product (GDP) growth slowed in 2014 because of weak demand and the fall in oil prices. Government policies were directed to mitigating the impact of lower oil prices on growth. ... See More +

Working Paper (Numbered Series) 96195 MAY 01, 2015

Madani,Dorsati H.; Sarsenov,Ilyas Russian

Kazakhstan - Low oil prices; an opportunity to reform - biannual economic update (Spring 2015) : Kazakhstan - Low oil prices; an opportunity to reform (Russian)

Kazakhstan’s gross domestic product (GDP) growth slowed in 2014 because of weak demand and the fall in oil prices. Government policies were directed to mitigating the impact of lower oil prices on growth. ... See More +

Working Paper (Numbered Series) 96195 MAY 01, 2015

Madani,Dorsati H.; Sarsenov,Ilyas English

Kazakhstan - Growth slows as external pressures rise - Kazakhstan economic update (Fall 2014) (Russian)

Kazakhstan is experiencing slower economic growth in 2014 due to negative supply- and demand-side effects. The Kazakh authorities are using expansionary fiscal and monetary policies to stimulate domestic demand. ... See More +

Working Paper 92229 SEP 30, 2014

Sarsenov, Ilyas; Madani, Dorsati; Izvorski, Ivailo English

Kazakhstan - Growth slows as external pressures rise - Kazakhstan economic update (Fall 2014) (English)

Kazakhstan is experiencing slower economic growth in 2014 due to negative supply- and demand-side effects. The Kazakh authorities are using expansionary fiscal and monetary policies to stimulate domestic demand. ... See More +

Working Paper 92229 SEP 30, 2014

Sarsenov, Ilyas; Madani, Dorsati; Izvorski, Ivailo Russian

Kazakhstan - Short-term vulnerabilities, positive prospects - Kazakhstan economic update (Spring 2014) (English)

This economic update is structured as follows: section A describes the recent economic developments, with a focus on emerged imbalances in the external accounts, which led to growing depreciation expectations and resulted in the one-off tenge devaluation in early 2014. ... See More +

Working Paper 87855 MAR 31, 2014

Sarsenov, Ilyas; Madani, Dorsati

Kazakhstan - Solid growth, unsettled global environment - Kazakhstan economic update (Fall 2013) (English)

While the world economy continues to be unsettled, economic growth in Kazakhstan has been solid. Strong domestic demand, coupled with increased oil output and favorable weather conditions, is likely to boost economic growth. ... See More +

Working Paper 82628 SEP 30, 2013

Sarsenov, Ilyas; Madani, Dorsati

Government expenditures : size, composition and trends (English)

This policy note is part of the World Bank's Programmatic Public Expenditure Review (PER) work program for FY2012-2014. The PER consists of a series of fiscal policy notes, which aim at providing the Government of Tajikistan with recommendations to strengthen budgetary processes and analysis. ... See More +

Working Paper (Numbered Series) 77607 AUG 01, 2013

Bakanova, Marina; Sarsenov, Ilyas; Zaidi, Salman; Carneiro, Francisco Galrao; Qurbonova, Zuhro; Aliev, Hassan Russian

Government expenditures : size, composition and trends (Russian)

This policy note is part of the World Bank's Programmatic Public Expenditure Review (PER) work program for FY2012-2014. The PER consists of a series of fiscal policy notes, which aim at providing the Government of Tajikistan with recommendations to strengthen budgetary processes and analysis. ... See More +

Working Paper (Numbered Series) 77607 AUG 01, 2013

Bakanova, Marina; Sarsenov, Ilyas; Zaidi, Salman; Carneiro, Francisco Galrao; Qurbonova, Zuhro; Aliev, Hassan English

Kazakhstan - On the crest of the oil wave - Kazakhstan economic update (Spring 2013) (English)

Economic growth slowed in 2012 due to capacity constraints in the oil sector, weaker global demand for metals, and unfavorable weather conditions affecting crop production. ... See More +

Working Paper 76843 MAR 31, 2013

Ilyas, Sarsenov; Dorsati, Madani

The fiscal management of natural resource revenues in a developing country setting (English)

The exhaustibility and volatility of natural resource revenues pose well-known economic challenges, of which those facing oil producers are the most prominent. ... See More +

Brief 73245 APR 01, 2012

Eckardt, Sebastian; Sarsenov, Ilyas; Thomas, Mark Roland

Title Document Date Report No. Document Type Also available in
Kazakhstan : adjusting to lower oil prices; challenging times ahead - biannual economic update (Fall 2015) : Казахстан: Адаптация к низким ценам на нефть; трудные времена впереди - Доклад об экономике (Осень 2015 г.) (Russian)
See More +
NOV 30, 2015 101506 Working Paper (Numbered Series) English
Kazakhstan : adjusting to lower oil prices; challenging times ahead - biannual economic update (Fall 2015) (English)
See More +
NOV 30, 2015 101506 Working Paper (Numbered Series) Russian
Kazakhstan - Low oil prices; an opportunity to reform - biannual economic update (Spring 2015) (English)
See More +
MAY 01, 2015 96195 Working Paper (Numbered Series) Russian
Kazakhstan - Low oil prices; an opportunity to reform - biannual economic update (Spring 2015) : Kazakhstan - Low oil prices; an opportunity to reform (Russian)
See More +
MAY 01, 2015 96195 Working Paper (Numbered Series) English
Kazakhstan - Growth slows as external pressures rise - Kazakhstan economic update (Fall 2014) (Russian)
See More +
SEP 30, 2014 92229 Working Paper English
Kazakhstan - Growth slows as external pressures rise - Kazakhstan economic update (Fall 2014) (English)
See More +
SEP 30, 2014 92229 Working Paper Russian
Kazakhstan - Short-term vulnerabilities, positive prospects - Kazakhstan economic update (Spring 2014) (English)
See More +
MAR 31, 2014 87855 Working Paper
Kazakhstan - Solid growth, unsettled global environment - Kazakhstan economic update (Fall 2013) (English)
See More +
SEP 30, 2013 82628 Working Paper
Government expenditures : size, composition and trends (English)
See More +
AUG 01, 2013 77607 Working Paper (Numbered Series) Russian
Government expenditures : size, composition and trends (Russian)
See More +
AUG 01, 2013 77607 Working Paper (Numbered Series) English
Kazakhstan - On the crest of the oil wave - Kazakhstan economic update (Spring 2013) (English)
See More +
MAR 31, 2013 76843 Working Paper
The fiscal management of natural resource revenues in a developing country setting (English)
See More +
APR 01, 2012 73245 Brief