The Public Sector Balance in the Economy of Kazakhstan: Adjusting Low Oil Prices
Kazakhstan is resource rich country, and its economy highly depends on the oil export. Oil prices that have been low since the middle of 2014 had a significant effect on the country’s balance of payments and exchange rate. In the pre low oil prices period, the share of the oil […]
Asya Avrupa No: 6
Merhabalar, Asya Avrupa dergimizin Haziran 2016 sayısı ile karşınızdayız. Bu sayımızda bir röportaj, üç analiz ve on yedi haber yorum yazımıza yer verdik. Analizlerimizden bir tanesindepetrol piyasasında İran ve Kazakistan’ın durumu kısaca ele alınmıştır. Bu çerçevede İran üzerindeki yaptırımların kalkması ve bu çerçevede küresel piyasada İran petrolünün payının artması her […]
A Brief Look at the Fiscal Management of the Economy of Turkmenistan
Among the Central Asian countries, Turkmenistan has grown significantly due to the high amount of natural resources, mainly hydrocarbons. After the breakup of the Soviet Union, having great natural gas deposits, Turkmenistan improved its economy by implementing structural reforms. However, since 2014, like the other Central Asian countries, Turkmenistan has […]
Transition To The Floating Exchange Rate System In Kazakhstan
As a result of low oil prices in the world markets, sanctions against Russia, depreciation of Russian ruble and devaluation in China, Kazakhstan has had to accept the floating exchange rate regime and to start implementation of a new monetary policy since August 20, 2015. Kazakhstan faced a low growth […]
Prospects on Financial Sector in Kazakhstan
Kazakhstan is one of the most successful transition countries that achieved to move to free market economy from centralized economy. Kazakhstan entered into the period of economic revival after the widespread reforms in mid-1990s. Despite 1998 Asian crisis, the government implemented specific measures including trade protection and foreign exchange rationing. […]