The report analyzes Kazakhstan's stabilization process since independence, following a cumulative decline of 35 percent in GDP from 1995-97. The country's growth prospects depend on foreign savings availability, as well as a recovery in public and private savings. However, a recent decline of GDP in 1997 to 10 percent, from 16 percent in 1995, is worrisome considering the growth path the country had taken. The study focuses on four major determinants of private sector growth: 1) An enabling environment for private business. Special attention is given to foreign investment and the development of small/medium enterprises. 2) Privatization and restructuring of state-owned enterprises - discussing privatization and post-privatization restructure. 3) Infrastructure sector efficiency - focusing on private participation and monopoly regulation. 4) A deepening of the financial sector. Attention is given to banking and capital markets, particularly the blue chip program and pension reform.
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Detalhes
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Data do documento
1998/09/30
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TIpo de documento
Relatório Econômico ou Setorial Pré-2003
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No. do relatório
18467
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2012/09/10
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Disclosure Status
Disclosed
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Nome do documento
Kazakhstan - Joint private sector assessment
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Palavras-chave
Private sector development; Transition economies; Privatization; Reform policy; Centrally planned economies; Financial sector reform; Foreign investment; Enterprises; Market economy; Law & legislation; Monopolies; Monopolistic competition; Infrastructure; Banking; Securities markets; Pension reform; Reform policy,,
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