Zhandos Ranov

Zhandos Ranov

Senior Research fellow

Dr. Zhandos Ranov graduated from the Department of International Relations of the Faculty of Economics and Administrative Sciences in Khoja Akhmet Yassawi International Kazakh-Turkish University. In 2008, he received his master’s degree at the Department of Economics of the Faculty of Economics and Administrative Sciences in Khoja Akhmet Yassawi International Kazakh-Turkish University. He then worked as a lecturer in the Department of Accounting and Auditing at the same university. In 2017, he completed his PhD study in Gazi University, Institute of Social Sciences, Department of Finance, his

Staff's Publications


June 22, 2020

Impact of COVID-19 on the Kyrgyz Economy

The coronavirus outbreak affected almost the entire world, causing one of the largest economic crises since the Second World War. The leaders of almost all countries of the world, including Kyrgyzstan, are trying to find a balance between protecting public health and maintaining the normal operation of the economy with […]
April 6, 2020

Budget System of Uzbekistan: Development Stages and Current Reforms

After gaining independence in 1991, Uzbekistan began to develop and implement its own model of the budget system. Similar to other countries of the world, the  primary task of this system is to ensure the efficient and rational use of public funds based on an appropriate regulatory framework.   1 […]
December 6, 2019

Current Developments ın Kazakhstan’s Insurance Market

In many developed countries, insurance is one of the important strategic sectors of the economy. The financial strength of insurance companies can turn them into the most powerful financial lending institutions. In general, insurance market assessment is based on the volume and growth rate of real insurance premiums. Another equally […]
May 15, 2019

The Phenomenon of Self-Employment in Kazakhstan

There is no one definition of the term “self-employment”, but, in general, this phenomenon can be defined as an employment, in which individuals independently carry out activities to sell products of personal subsidiary farming and provide services to other individuals with the purpose of systematic profit making. The term “self-employment” […]
February 18, 2019

Kazakhstan’s Monetary Policy: Analysis of Recent Developments

Monetary policy is one of the main directions of economic policy of any state, which is conducted by an authorized organization, such as a central bank, in or-der to ensure the stability of the economy and the balance of money in circulation. Such a role in our country is performed […]
October 29, 2018

State Regulation of Agriculture in Kyrgyzstan

The state regulation of agriculture refers to the economic impact of the state on the production, processing and sale of agricultural products, raw materials and food. The main objective of such regulation is to ensure sustainability and development of the agricultural sector. Today, this sector is an integral part of […]
July 27, 2018

Trade and Economic Relations between South Korea and Uzbekistan: Mutually Beneficial Forms of Cooperation

Following the establishment of diplomatic relations in January 1992, South Korea and Uzbekistan adopted a package of documents that laid the foundation for the development of closer cooperation between the two countries. Since then, South Korea has long been a reliable and proven strategic partner of Uzbekistan.   33 Views […]
June 4, 2018

Banking Reforms in Uzbekistan and their Impact on the Country’s Economy

The current banking system of Uzbekistan has begun to take shape since independence and went through the several stages. The reform of the banking sector was intended to promote the development of the national economy, improving the social and economic well-being of people. The law on banks and banking activities […]
March 19, 2018

Mortgage Lending in Kazakhstan: Analysis of Recent Years

The possibility of owning a home by getting a mortgage loan is a well-established practice worldwide. Quite low interest rates and acceptable payment terms make mortgage lending attractive for the population, especially in developed countries. However, the situation in Kazakhstan’s market of mortgage lending has a number of distinctive features. […]
January 22, 2018

The Structure of Kazakhstan’s Budget System and Recent Changes in Budget Revenues

The state budget is a key element of the national economy and entire financial system of any state. Since independence, Kazakhstan has been making intensive efforts to in-crease efficiency of the budget expenditures and budget process by implementing a number of the budget legislation reforms. The enactment of the Concept […]