IMF Staff Country Reports

Republic of Kazakhstan: Selected Issues

November 15, 2004

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Republic of Kazakhstan: Selected Issues, (USA: International Monetary Fund, 2004) accessed December 25, 2024

Summary

This Selected Issues paper analyzes the optimal policy response on the part of the Kazakhstan authorities to the prospective oil inflows. It surveys the literature on the so-called natural resource curse and offers an analysis of Kazakhstan’s petroleum potential. The paper analyzes the impact of the oil boom on the non-oil sector, based on a general equilibrium model. It provides an analysis of fiscal rules and fiscal sustainability and assesses the possible role of fiscal policies in addressing the “natural resource curse.”

Subject: Commodities, Commodity booms, Environment, Expenditure, Foreign exchange, Natural resources, Oil, Oil, gas and mining taxes, Real exchange rates, Taxes

Keywords: Africa, Baltics, Central Asia, Commodity booms, Consumption, CR, Development institution, East Asia, Economy, Gas and mining taxes, Government, Government intervention, ISCR, Kazakhstani economy, Kazakhstani government, Middle East, Natural resource curse, Natural resources, Oil, Real exchange rates, Southeast Asia, Western Europe

Publication Details

  • Pages:

    76

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/362

  • Stock No:

    1KAZEA0062004

  • ISBN:

    9781451820935

  • ISSN:

    1934-7685