Staff View: Kazakhstan Economic Update No. 1, Spring 2015 : Low Oil Prices--An Opportunity to Reform

Kazakhstan Economic Update No. 1, Spring 2015 : Low Oil Prices--An Opportunity to Reform

Kazakhstan’s gross domestic product (GDP) growth slowed in 2014 because of weak demand and the fall in oil prices. Government policies were directed to mitigating the impact of lower oil prices on growth. So far labor market and poverty reduction o...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	AUCTION LIVING STANDARDS MONETARY POLICY DEFICIT HOLDING GOVERNMENT EXPENDITURES OIL PRICE NPL DEPOSITS STOCK FISCAL DEFICITS MARKET DEVELOPMENTS REPO INTEREST GUARANTEES GOVERNMENT SPENDING INTEREST RATE PROPERTY RIGHTS EXCHANGE ECONOMIC DEVELOPMENTS BALANCE OF PAYMENTS LIQUIDITY DEVELOPING COUNTRIES REVENUES ENFORCEMENT SYSTEM PORTFOLIO FISCAL POLICY DEVALUATION LOAN INVESTMENT LOANS BORROWING PLAN TAX NON-PERFORMING LOANS INCOME TAX WEALTH EFFECT BENEFICIARIES ASSET POSITION CREDITORS INFLATION PENSION CREDITOR SAFETY NETS BUDGET CENTRAL BANK LIENS LABOR MARKET TRADE BALANCE OIL PRICES INDEBTEDNESS CURRENCY FINANCIAL INSTITUTION SELF-REGULATION STRATEGIC INVESTORS CONSUMER CREDIT PORTFOLIOS INCOME GROWTH CONTRACTS INFLATIONARY PRESSURES EXCHANGE RATES INTEREST RATES MONETARY FUND FLEXIBLE EXCHANGE RATE FINANCIAL INSTITUTIONS DEBT PRIVATE INVESTMENT DEFICITS INFLATION RATE CREDITOR RIGHTS BUSINESS CYCLE BUDGET DEFICIT DOMESTIC DEBT ECONOMIC POLICIES DIRECT INVESTMENT LOANS INTERNATIONAL FINANCIAL INSTITUTION RESERVES DEBT SERVICE RULE OF LAW PENSION FUNDS MONETARY AUTHORITIES FINANCE FOREIGN CURRENCY PUBLIC INVESTMENT INTERNATIONAL FINANCIAL INSTITUTIONS BANKING SECTOR EXPENDITURE GOVERNMENT SECURITIES TRANSACTIONS IPO REPO MARKET INVESTORS FOREIGN EXCHANGE RESERVES GOOD TAX RATE GOVERNMENT BUDGET TRANSPARENCY SURETIES CONSUMER LOANS PENSIONS MONETARY STABILITY FOREIGN DIRECT INVESTMENT CAPACITY CONSTRAINTS BUDGETS PURCHASING POWER INVESTOR CONFIDENCE GOVERNMENT EXPENDITURE CONTRACT PRICE CHANGES EXPENDITURES DISBURSEMENTS PROPERTY FINANCIAL ASSET SHARES MARKET FOREIGN EXCHANGE NON-PERFORMING LOAN SECURITIES PUBLIC DEBT MARKET INTEREST RATES GOVERNMENT DEBT GOVERNMENT POLICIES INTERESTS TAX CODE GOODS INVESTOR NATIONAL BANK INVESTMENT COMMERCIAL BANKS SHARE LOAN PORTFOLIOS COLLATERAL POVERTY FINANCIAL ASSETS REVENUE MONEY MARKET EXTERNAL DEBT INVESTMENTS LENDING CREDIT GROWTH PENSION FUND EXCHANGE RATE INSTRUMENT REMITTANCES PUBLIC SPENDING REGULATORY GOVERNANCE
Online Access:	http://documents.worldbank.org/curated/en/2015/05/24439136/kazakhstan-low-oil-prices-opportunity-reform http://hdl.handle.net/10986/21895

Kazakhstan Economic Update No. 1, Spring 2015 : Low Oil Prices--An Opportunity to Reform

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