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Kazakhstan benefited from the oil boom of 2000–14 that led to income growth and poverty reduction and helped build a fiscal cushion to stabilize the economy during downturns. During this period, nominal GDP per capita increased ten-fold, from US$1,229 in 2000 to US$12,807 in 2014, mainly due to price effects from currency appreciation that followed an expansion of the oil sector. Income growth led to a substantial decline in the poverty rate, from...
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DETAILS

  • Kostopoulos,Christos;
    Sarsenov,Ilyas;

  • 2017/11/27

  • Working Paper

  • 121677

  • 1

  • 1

  • Kazakhstan,

  • Europe and Central Asia,

  • 2017/11/28

  • Disclosed

  • Казахстан - Совершенствование налогово-бюджетной сферы для поддержки экономических преобразований

  • oil revenue

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Citation

Kostopoulos,Christos; Sarsenov,Ilyas.

Kazakhstan - Enhancing the fiscal framework to support economic transformation : public finance review : Казахстан - Совершенствование налогово-бюджетной сферы для поддержки экономических преобразований (Russian). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/275171511880181337

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