Generate QR code
Open Access
Subscription Access
The Quality of Kazakhstan’s Economic Policy and Balance of Payments
https://doi.org/10.32609/0042-8736-2008-12-120-132
Abstract
Kazakhstan’s economic policy in 1996-2007, its character and the degree of responsibility, the correlation between economic development and balance of current accounts are considered in the article. Special attention is paid to the analysis of their macroeconomic efficiency. It is concluded that in conditions of high rates of economic growth in Kazahkstan in 2000-2007 the net profits of foreign investors are 10-11% of GDP every year. The tendency of negative balance of current accounts in favor of foreign investors is also analyzed.
About the Author
K. Arystanbekov
Executive Office of the President of the Republic of Kazakhstan
Russian Federation
Russian Federation
References
1. Арыстанбеков К. Экономическая политика Казахстана в условиях высокого уровня иностранных инвестиций // Вопросы экономики. 2004. № 8. С. 110-119.
2. Арыстанбеков К. Экономический рост Казахстана в контексте мировой экономики // Вопросы экономики. 2006. № 11. С. 133-146.
3. Суэтин А. Балансы международных расчетов // Вопросы экономики. 2004. № 2. С. 129-148.
4. Government Finance Statistics Yearbook / IMF. 2005.
5. International Financial Statistics. Vol. LVI / IMF. 2005.
6. The World Bank Annual Report. 2006. Vol. 2.
7. International Financial Statistics / IMF. 2005.
8. Krugman P. A Model of Balance-of-Payments Crises // Journal of Money, Credit and Banking. 1979. Vol. 11. P. 311-325.
9. Stern R. M. The Balance of Payments: Theory and Economic Policy. London, 1973.
10. World Economic Outlook Database / International Monetary Fund, 2007.
11. International Financial Statistics. No 3-4 / IMF. 2006.
Review
For citations:
Arystanbekov K. The Quality of Kazakhstan’s Economic Policy and Balance of Payments. Voprosy Ekonomiki. 2008;(12):120-132. (In Russ.) https://doi.org/10.32609/0042-8736-2008-12-120-132
Views:
722
Email this article 
