Azimzhan Khitakhunov

Azimzhan Khitakhunov

Junior Research fellow

Azimzhan Khitakhunov is a research fellow at the Eurasian Research Institute. He has received his bachelor, master and Ph.D. degrees from Al-Farabi Kazakh National University (Ph.D. degree was completed in cooperation with the Johns Hopkins University, School of Advanced International Studies, Bologna, Italy). Currently, he is a senior lecturer at Al-Farabi Kazakh National University, Higher School of Economics and Business, Economics Department, where he teaches macroeconomics related disciplines. His research experience includes participation as a research fellow in the government financed f

Staff's Publications


October 25, 2020

Outcomes and Achievements of Open Economic Policy of Uzbekistan

After decades of isolationism and resistance to openness, Uzbekistan revised its economic policy under new president Shavkat Mirziyoyev since 2017. The new government implemented comprehensive reforms, in particular unified the exchange rate and liberalized the foreign exchange market, began price and trade liberalization, and made significant cuts to tax rates […]
October 25, 2020

Global Trade in Agricultural Products

Agriculture remains one of the strategically important sectors of the world economy. It provides food security and many raw materials for other related industries and manufacturing. In middle and low-income countries employment in agriculture remains high, while in advanced economies it is insignificant. However, differences in productivity between these two […]
October 25, 2020

How do Countries of the Eurasian Economic Union Respond to External Shocks

Members of the Eurasian Economic Union (EAEU) has recently experienced economic slowdown and recession due to external shocks such as pandemic and drop in oil prices. Price wars on the global oil market mainly between Russia and Saudi Arabia and pandemic induced demand shock led to the first negative oil […]
October 24, 2020

How Innovative is the Eurasian Economic Union?

Innovation development is a priority policy in all member countries of the Eurasian Economic Union (EAEU). The EAEU members often host different international conferences, business forums and other events devoted to the popularization of innovations and new technologies. Countries implement programs and special policies, supported by experts of international development […]
October 24, 2020

Future of the Global Supply Chains

Globalization significantly affected international trade through the global supply chains. Multinational corporations from advanced economies started to produce goods in different developing countries through offshoring of manufacturing and were interested in global market liberalization. Many studies show that this pattern of trade leads to lower consumer prices, higher investment from […]
October 24, 2020

US-China Trade War: Economic Causes and Consequences

The United States (US) under President Donald Trump revised its foreign economic policy. Since 2018, the United States started its protectionist policy towards its biggest trade partner China. According to the International Trade Center data (ITC, 2020) in 2018, the bilateral trade between these countries equaled $683 billion, of which […]
October 24, 2020

What do We Know about Transition Economies?

Economics of transition period remains one of the frequently discussed issues among the academics of Europe and the United States. They organize conferences, devote special issues in well-known peer-reviewed journals, and form research institutes in order to understand the features of transition and to learn its basic lessons. In the […]
October 24, 2020

Understanding Economic Growth in Central Asia: the Role of Trade

International trade has been and remains one of the most important factors impacting on the basic growth indicators. Many studies show that relations between trade and economic growth are positive and strong. Frankel and Romer (1999) indicate that both within-country and international trade raise income by accumulation of physical and […]
October 24, 2020

Population and Economic Growth: Lessons for Kazakhstan

Links between population and economic growth and development have been and remain one of the most discussed issues in economic theory as changes in population affect basic growth indicators. Usually, this debate starts with T. Malthus’ famous prediction that population growth can lead to famine. Simple exogenous models of economic […]
October 22, 2020

Analysis of Bilateral Trade between Kazakhstan and Uzbekistan

International trade is one of the important factors, which contribute to economic growth, diversifies economies, reduces poverty and stimulates development. Some countries prioritize export promotion while others implement import substitution policies. A country’s openness is a key indicator, determining its competitiveness. Uzbekistan, the largest country in Central Asia in terms […]