Kazakhstan: Accelerating Economic Diversification

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292612638
Total Pages : 219 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Kazakhstan: Accelerating Economic Diversification by : Kym Anderson

Download or read book Kazakhstan: Accelerating Economic Diversification written by Kym Anderson and published by Asian Development Bank. This book was released on 2018-08-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kazakhstan has the potential to become an economic leader in Central Asia. Relying on oil and gas alone, however, will not produce the long-run level of growth needed to meet this potential. Reforms geared to improve the business climate, enhance competitiveness, and increase private sector participation are essential. This book examines reforms to accelerate economic diversification in the country. This involves not only modernizing and using public resources in agriculture more efficiently to increase productivity, but also transitioning of manufacturing toward high-potential exports to help the country’s industrial development and create employment opportunities. Upgrading innovation of oilfield services and improving transport and logistics are important to increase participation in the global value chains.

Kazakhstan's Diversification from the Natural Resources Sector

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Author :
Publisher : Springer Nature
ISBN 13 : 3030373894
Total Pages : 274 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Kazakhstan's Diversification from the Natural Resources Sector by : Irina Heim

Download or read book Kazakhstan's Diversification from the Natural Resources Sector written by Irina Heim and published by Springer Nature. This book was released on 2020-09-15 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores opportunities for diversifying modern Kazakhstan's economy, which is still heavily dependent on its natural resources, as well as looking at economic opportunities for the whole Central Asian region arising from the Chinese government's Belt and Road Initiative (BRI). The book is comprised of four parts. Part 1 explores the first main theme of the book: development of the economy based on the resource sector with the example of Kazakhstan. Part 2 examines opportunities for diversification arising from BRI: a rise of transport and communication industries alongside the new Belt and Road economic route. Part 3 explores the view from China on the perspectives of regional development, not least the economic reasons for the launch of this programme, investments and planned effects. Part 4 discusses other internal sources for diversification of the economy in Kazakhstan based on development of local industry in the oil and gas sector, small- and medium-sized enterprises and tertiary sector of the economy. This book will be of value for students, academics, policy-makers, and practitioners focused on economic development and business in the Central Asian region, as well as those who are working on the design of instruments for economic development in their own countries.

Republic of Kazakhstan

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Republic of Kazakhstan by : International Monetary Fund. Middle East and Central Asia Dept.

Download or read book Republic of Kazakhstan written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2022-12-14 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation has surged to 18 percent while growth is projected to slow to 2.7 percent this year. High oil prices have strengthened fiscal and external buffers, while the revised budget increased public spending by 21⁄2 percentage points of GDP to support activity. Subsidiaries of sanctioned Russian banks have exited the domestic market and regulatory compliance is being enhanced to avoid secondary sanctions. Risks to the outlook remain tilted to the downside, as adverse global conditions could lower oil prices and raise borrowing costs, while oil exports through Russian territory remain a major source of vulnerability. Accelerated economic diversification and private sector development are needed to attain sustainable and inclusive growth.

Diversified Development

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Publisher : World Bank Publications
ISBN 13 : 1464801207
Total Pages : 398 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Diversified Development by : Indermit S. Gill

Download or read book Diversified Development written by Indermit S. Gill and published by World Bank Publications. This book was released on 2014-02-26 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eurasian economies have to become efficient more productive, job-creating, and stable. But efficiency is not the same as diversification. Governments need to worry less about the composition of exports and production and more about asset portfolios natural resources, built capital, and economic institutions.

Economic Diversification in the GCC

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Publisher : International Monetary Fund
ISBN 13 : 1498303234
Total Pages : 32 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Economic Diversification in the GCC by : Mr.Tim Callen

Download or read book Economic Diversification in the GCC written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2014-12-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.

Central Asia and the Covid-19 Pandemic

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Author :
Publisher : Springer Nature
ISBN 13 : 9811675864
Total Pages : 185 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Central Asia and the Covid-19 Pandemic by : Jean-François Caron

Download or read book Central Asia and the Covid-19 Pandemic written by Jean-François Caron and published by Springer Nature. This book was released on 2022-01-19 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims at shedding light on the reasons why the death rates during the pandemic were so high in Central Asia. More specifically, this book proposes analysis on why individuals did not follow the sanitary rules imposed by their respective government and on the role played by misinformation. Secondly, it also examines the impact of Sinophobia in Central Asia and the future challenges this feeling may pose on the authorities in the near future. Lastly, this book also proposes analysis of how the pandemic has contributed to show the inherent vulnerabilities of Kazakhstan and Kyrgyzstan by focusing on their immediate and future political consequences.

Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292623117
Total Pages : 216 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development by : Aimee Hampel-Milagrosa

Download or read book Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development written by Aimee Hampel-Milagrosa and published by Asian Development Bank. This book was released on 2020-08-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. By 2025, under the government’s Strategic Roads Maps, a more diversified economy should take shape led by three sectors: agriculture, tourism, and manufacturing. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy makers must resolutely stay on the reform path. The core message of this publication is diversification toward non-oil sources of growth alongside efforts to reduce macroeconomic risks and the high cost of finance, make the education system responsive to the needs of the labor market, close infrastructure gaps, and help economically significant state-owned enterprises become more efficient.

Economic Diversification in Oil-Exporting Arab Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498345697
Total Pages : 41 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Economic Diversification in Oil-Exporting Arab Countries by : International Monetary Fund

Download or read book Economic Diversification in Oil-Exporting Arab Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-04-29 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification...

Green Finance and Investment Sustainable Infrastructure for Low-Carbon Development in Central Asia and the Caucasus Hotspot Analysis and Needs Assessment

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264628347
Total Pages : 271 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis Green Finance and Investment Sustainable Infrastructure for Low-Carbon Development in Central Asia and the Caucasus Hotspot Analysis and Needs Assessment by : OECD

Download or read book Green Finance and Investment Sustainable Infrastructure for Low-Carbon Development in Central Asia and the Caucasus Hotspot Analysis and Needs Assessment written by OECD and published by OECD Publishing. This book was released on 2019-12-19 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses planned infrastructure projects, decision-making frameworks related to infrastructure development and strategic planning documents in eight countries in Central Asia and the Caucasus: Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan.

Structural Economic Dynamics

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Publisher : Cambridge University Press
ISBN 13 : 9780521029766
Total Pages : 212 pages
Book Rating : 4.0/5 (297 download)

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Book Synopsis Structural Economic Dynamics by : Luigi Pasinetti

Download or read book Structural Economic Dynamics written by Luigi Pasinetti and published by Cambridge University Press. This book was released on 2006-11-02 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.

Indonesia

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Publisher : Asian Development Bank
ISBN 13 : 9292610791
Total Pages : 253 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Indonesia by : Edimon Ginting

Download or read book Indonesia written by Edimon Ginting and published by Asian Development Bank. This book was released on 2018-02-01 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book focuses on Indonesia's most pressing labor market challenges and associated policy options to achieve higher and more inclusive economic growth. The challenges consist of creating jobs for and the skills in a youthful and increasingly better educated workforce, and raising the productivity of less-educated workers to meet the demands of the digital age. The book deals with a range of interrelated topics---the changing supply and demand for labor in relation to the shift of workers out of agriculture; urbanization and the growth of megacities; raising the quality of schooling for new jobs in the digital economy; and labor market policies to improve both labor standards and productivity.

Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292621955
Total Pages : 217 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth by : Kym Anderson

Download or read book Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth written by Kym Anderson and published by Asian Development Bank. This book was released on 2020-06-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uzbekistan has achieved sustained growth through its gradual transition to a market-based economy through cautious economic policy reforms. Despite its gradual approach to development challenges, the country experienced the smallest output decline among former Soviet economies and enjoyed high rates of economic growth from 2004 to 2015, largely driven by the high prices of its major export commodities. However, the drop in the global prices of many key commodities in recent years have severely impacted Uzbekistan's economy. Under these circumstances, the new government introduced major reforms. The pace of reform is unprecedented. The government has formulated its long-term economic strategy in its Vision 2030, which aims to double the country's gross domestic product by 2030 through a program of economic diversification. This book analyzes how Uzbekistan can boost sustainable economic growth to create more and better jobs. It considers how the country can consolidate achievements from recent policy reforms and maintain reform efforts to accelerate sustainable growth. Policy recommendations cover fostering macroeconomic stability, increasing investment in physical infrastructure, enhancing human capital, improving firms' access to finance, and lowering barriers to international trade and foreign investment inflows.

Lao PDR

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Publisher : Asian Development Bank
ISBN 13 : 9292579940
Total Pages : 314 pages
Book Rating : 4.2/5 (925 download)

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Book Synopsis Lao PDR by : Asian Development Bank

Download or read book Lao PDR written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-11-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lao People's Democratic Republic (Lao PDR) has shown remarkable progress by consistently building itself into a market-oriented economy, with economic growth in 1986-2016 averaging around 6.5% per annum. The rapid and sustained growth brought about changes in the structure of output, but did not alter job composition: resource-based products still dominate in industry, low value-added jobs in services, and 65% of the labor force in agriculture. This country diagnostic study provides comprehensive analysis and identifies promising new drivers of growth which the Lao PDR can develop to diversify its production structure and speed up structural transformation.

Economic Diversification Policies in Natural Resource Rich Economies

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Author :
Publisher : Routledge
ISBN 13 : 131733874X
Total Pages : 375 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Economic Diversification Policies in Natural Resource Rich Economies by : Sami Mahroum

Download or read book Economic Diversification Policies in Natural Resource Rich Economies written by Sami Mahroum and published by Routledge. This book was released on 2016-08-05 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic diversification remains at the top of the agenda for hundreds of regions around the world. From the single commodity economies of African countries and the Caribbean, to the many single industry regions of Europe and North America, as well as the oil and gas rich but volatile hydrocarbon economies. Economic diversification policies have been around for almost a century with varying degrees of success and failure. Economic Diversification Policies in Natural Resource Rich Economies takes a special interest in the policy experiences of a set of different countries that have extractive industries representing significant drivers of their economies and subsequently are significant contributors to government revenues. It explores twelve cases including upper-middle to high income economies such as Canada, Australia, Iceland and Norway, emerging economies such as Latin America, the GCC (Saudi and UAE), Kazakhstan, Malaysia and Russia, as well as the developing economy of Uganda. Each chapter provides a review of economic diversification experiences including policy environment, diversification strategies, desired outcomes, the role of government, and a critical evaluation of achievements. This book is suitable for those who study environmental economics, development economics and resource management.

Vegetable Production and Value Chains in Mongolia

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Publisher : Asian Development Bank
ISBN 13 : 9292623214
Total Pages : 123 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Vegetable Production and Value Chains in Mongolia by : Asian Development Bank

Download or read book Vegetable Production and Value Chains in Mongolia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-08-01 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government of Mongolia has identified agriculture as a priority area for growth. Agriculture sector development is key to diversifying the economy, reducing the reliance on vegetable imports, alleviating poverty, and improving nutrition in the country’s large rural population. The Asian Development Bank prepared this publication, which analyzes the market and value chain for vegetables. It also presents several aspects of climate-resilient smallholder production and market access to promote self-sufficiency and generate more income for vegetable growers. In line with the government’s focus on accelerating economic diversification and job creation, this publication is aimed to aid in informing donor support for Mongolia’s agricultural diversification agenda.

Enhancing Competitiveness in Central Asia

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Author :
Publisher : Org. for Economic Cooperation & Development
ISBN 13 : 9789264288126
Total Pages : 0 pages
Book Rating : 4.2/5 (881 download)

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Book Synopsis Enhancing Competitiveness in Central Asia by : OECD.

Download or read book Enhancing Competitiveness in Central Asia written by OECD. and published by Org. for Economic Cooperation & Development. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: - Foreword - Acronyms and abbreviations - Executive summary - A regional agenda for economic diversification in Central Asia - Business environment in Central Asia: Access to finance - Business environment in Central Asia: Firms' internationalisation - Business environment in Central Asia: Skills - Country factsheets - Details of country projects

Leveraging Export Diversification in Fragile Countries

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464814902
Total Pages : 165 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Leveraging Export Diversification in Fragile Countries by : José López-Cálix

Download or read book Leveraging Export Diversification in Fragile Countries written by José López-Cálix and published by World Bank Publications. This book was released on 2020-02-12 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite multiple past efforts, fragile Sub-Saharan African economies such as those of Mali, Chad, Niger, and Guinea still rank among the least diversified worldwide, with natural resources constituting a high share of their gross domestic product or exports. Large-scale production of gold for Mali, oil for Chad, uranium for Niger, and bauxite for Guinea offers substantial opportunities, but also has major shortcomings. Conclusive evidence shows poor economic performance by resource-rich but fragile Sub-Saharan African countries. The primary reason is not only their high vulnerability to external shocks, but the greed or grievances that typically lead to rents appropriation by a small group of elites in countries that are prone to conflict. Leveraging Export Diversifi cation in Fragile Countries explores the following questions: What are Mali’s, Chad’s, Niger’s, and Guinea’s main constraints to export diversification as perceived by key exporting firms? How it could be beneficial for these countries to target certain emerging export products? Are their current interventions to promote global value chain (GVC) adequate? What lessons can be extracted from specific cases? How can trade and logistic policies favor (or hamper) export diversification†“led growth? The book lays the groundwork for effective step-by-step multidimensional policies to propel export diversification in fragile economies that are hindered not only by poor governance and weak institutions, but also by their landlocked position (except Guinea), small domestic markets, and business-unfriendly environments. Recognizing that traditional project interventions in these countries have had limited success, mainly due to their unidimensional focus on single components of an agricultural value chain, the book proposes a GVC 2.0 cluster-based approach to export diversification, in which complementary efforts attract foreign firms and public investment in support of agribusiness. Promising pilot examples of joint implementation plans among multiple donors, risk-sharing facilities, and agribusiness clusters provide valuable insights into recent global value chain developer interventions.