Getting Competitive, Staying Competitive: The Challenge of Managing Kazakhstan’s Oil Boom
 Kazakhstan has made substantial progress in its economic transition and faces a potentially bright future thanks to its oil wealth. The challenge is to increase the country’s competitiveness and expand the benefi ts of growth, while avoiding the economic and social risks typically associated with oil wealth.This report, which is the product of extensive consultations between the GOK and the World Bank, does not try to provide unique answers to the questions raised above. Rather, it presents a framework that can be used by Kazakhstan’s policy-makers and stakeholders to establish priorities and trade-offs among the various options, and draws on international experience to illustrate key points.
Read the Main Report: Country Economic Memorandum (ppt 2.4 MB) |
Read Background Papers: 1. The Role of a Public Investment Fund in Promoting Diversification in Kazakhstan (pdf 344 KB) 2. Economic Diversification in Kazakhstan, with Special Emphasis on the Oil and Gas Value Chain (pdf 196 KB) 3. Selected Issues on The Management Of Oil Windfalls (pdf 80 KB) 4. Elements of A Competitive Environment in Kazakhstan (pdf 63.2 KB) 5. The Supplier Development in the Oil and Gas Sector of Kazakhstan (pdf 119 KB) 6. Note on Macroeconomic Management and National Fund Concept (pdf 184 KB) 7. Improving the Investment Strategy for the National Fund of the Republic of Kazakhstan (pdf 397KB) 8. Priorities for Financial Sector Reform: Selected Issues and Options (pdf 315 KB) 9. Sustainable Development and Diversification in Kazakhstan - the Central Role of Telecommunications and ICT: Priority Actions (pdf 399 KB) 10. Background Paper No. 10: Fiscal Policy and the Oil Windfall Management (pdf 210KB) 11. Telecommunications: The Bottleneck to Sustainable Development (pdf 221 KB) |
