A recovery in the oil sector boosted recent economic performance. While the recovery in global oil prices would have a welcoming effect for Kazakhstan in terms of enhancing the economy’s buffers and supporting growth, it may also reduce the perceived urgency for transitioning to the new growth model, including the strong need of continuing the macro-fiscal adjustment (by reducing the nonoil deficit over the medium term) and pressing ahead with structural...
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2018/05/30
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Documento de Trabalho
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126685
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1
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1
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2018/05/30
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Kazakhstan – The quest for a new growth model: the urgency of economic transformation – country economic update (Spring 2018)
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investment and development
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