In Search of Coherence: Kazakhstan's Trade and Industrial Policy

Khakimzhanov, Sabit; Seitenova, Ai-Gul S.

doi:10.2139/ssrn.2943889

Cited by 4 publications

(6 citation statements)

References 3 publications

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“…Even with the launch of “Strategic Plan 2010, evidence indicates that during the late 1990s, the government of Kazakhstan slowed the pace of economic liberalization while continuing to assert a commitment to market reforms. Khakimzhanov and Seitenova () suggest three factors caused this shift. First was the persistent improvement in the terms of trade.…”

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 95%

“…Since 1992, Kazakhstan has been interested in diversifying its economy with the “Strategy for Formulation and Development of Kazakhstan as a Sovereign Nation” where the government set the course for: (i) the development of new markets for exports; (ii) prioritized development of manufacturing and science‐intensive industries; and (iii) promotion of import substitution to employ modern domestic and international technology and equipment (Khakimzhanov and Seitenova ). This strategy emulated the “selective open‐economy” development strategies of the Asian Tigers during the 1970s and 1980s (World Bank ).…”

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

“…Felipe and Hidalgo () indicate that Kazakhstan has experienced difficulty when implementing many of its diversification initiatives and, as a result, many of its initiatives have had limited success (Felipe and Hidalgo ; OECD ). Furthermore, Felipe and Hidalgo () and Khakimzhanov and Seitenova () caution the validity of these “limited successes” as the government of Kazakhstan does not follow systematic monitoring and evaluation frameworks. Five reasons are given for the poor implementation and ineffective outcomes of many of the industrialization initiatives since 2003: (i) unrealistic targets (Khakimzhanov and Seitenova ); (ii) limited capacity of state workers (Khakimzhanov and Seitenova ; Petrick, Oshakbaev, and Wandel ); (iii) centralization of the policy process (Ahrens and Stark ); (iv) flawed incentives (Petrick, Oshakbaev, and Wandel ); and (v) lack of a true multiparty political system (Petrick, Oshakbaev, and Wandel ).…”

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

“…After examining many of the country's industrialization initiative documents, Khakimzhanov and Seitenova () state that there are

numerous examples of unrealistic targets set for poorly‐specified variables over which the government had only a limited control. For example, the target for the share of non‐resource exports was set at 40 percent in 2014 and 45 percent in 2020.…”

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

“…Furthermore, “ministries make budget allocations with little capacity to evaluate the impact of their decisions” (Khakimzhanov and Seitenova , 6).…”

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

See 4 more Smart Citations

Policy Transfer and Diversification in Resource‐Dependent Economies: Lessons for Kazakhstan from Alberta

Howie

2018

Politics & Policy

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Economic diversification in resource‐dependent countries is a difficult process. Most of these countries’ efforts to diversify have been unsuccessful. Alberta is one exception. It has succeeded in diversifying its economy by “diversifying in energy” using explicit policy decisions to promote human capital development in science, technology, engineering, and math (STEM), complement STEM education with education in management and innovation, foster proper market discipline, establish an effective intellectual property rights system, and strengthen links between various industries to support innovation. Kazakhstan's policy makers can learn valuable lessons from Alberta's successes. It is also important to understand that some of the initiatives that were successful in Alberta may not be appropriate for Kazakhstan because of the latter's system of state‐guided capitalism and limited public service capacity. Finally, evidence from Alberta suggests that promoting “winning” sectors is a way for favored insiders to capture a share of resource rent and seldom succeed. Related Articles Related Media European Commission. . “Should Developing Country Industrialisation Policies Encourage Processing of Primary Commodities?” The ACP‐EU Courier 196: 30‐32. http://ec.europa.eu/development/body/publications/courier/courier196/en/en_030.pdf Robert ELitan., and Carl J.Schramm. . “Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity.” Council on Foreign Relations. https://www.cfr.org/event/good-capitalism-bad-capitalism-and-economics-growth-and-prosperity World Bank. . “Economic Diversification and Nonextractive Growth.” In Engagement in Resource‐Rich Developing Countries: The Cases of the Plurinational State of Bolivia, Kazakhstan, Mongolia, and Zambia. Washington, DC: World Bank. 28‐42. http://ieg.worldbankgroup.org/sites/default/files/Data/reports/chapters/ccpe-synthesis_ch4.pdf

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Section: Kazakhstan's Path To Diversificationmentioning

confidence: 95%

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

“…After examining many of the country's industrialization initiative documents, Khakimzhanov and Seitenova () state that there are

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

“…Furthermore, “ministries make budget allocations with little capacity to evaluate the impact of their decisions” (Khakimzhanov and Seitenova , 6).…”

Section: Kazakhstan's Path To Diversificationmentioning

confidence: 99%

See 3 more Smart Citations

Policy Transfer and Diversification in Resource‐Dependent Economies: Lessons for Kazakhstan from Alberta

Howie

2018

Politics & Policy

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Kazakhstan’s oil boom, diversification strategies, and the service sector

Atakhanova

2021

Miner Econ

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Coherency as a Factor of Improving Performance of Regional Public Well-Being Development

Ковальчук¹

2015

Baikal Research Journal

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Байкальский государственный университет, г. Чита, Российская Федерация КОГЕРЕНТНОСТЬ КАК ФАКТОР ПОВЫШЕНИЯ РЕЗУЛЬТАТИВНОСТИ ПРОЦЕССОВ ФОРМИРОВАНИЯ БЛАГОСОСТОЯНИЯ НАСЕЛЕНИЯ РЕГИОНА АННОТАЦИЯ. Формирование благосостояния населения региона представлено как система процессов. Результативность данных процессов обусловливает уровень благосостояния. Повышение результативности процессов и уровня благосостояния требует увеличения количества и расширения номенклатуры входных ресурсов. Показано, что при увеличении входных ресурсов активизируются процессы рассеивания части данных ресурсов, появляются барьеры на пути роста благосостояния, который, в свою очередь, в таких условиях обусловливает необходимость согласования процессов формирования благ. Раскрываются сущностные характеристики механизмов когерентности, которые образуются за счет согласованности указанных процессов. Выявлены процессы, динамика результативности которых имеет противоположные фазы, а также установлены некоторые особенности когерентных механизмов. Обнаружено, что когерентность процессов, которые имеют одинаковые фазы изменения результативности (однофазовые процессы), вызывает скачкообразный рост результативности, сокращение барьеров, повышение уровня благосостояния. Подтверждено, что данные процессы способны затормозить рост результативности и могут использоваться для замедления негативных процессов и развития отрицательных тенденций. КЛЮЧЕВЫЕ СЛОВА. Результативность процессов; амплитуда колебаний; диссипация; когерентность; уровень благосостояния.

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In Search of Coherence: Kazakhstan's Trade and Industrial Policy

Cited by 4 publications

References 3 publications

Policy Transfer and Diversification in Resource‐Dependent Economies: Lessons for Kazakhstan from Alberta

Policy Transfer and Diversification in Resource‐Dependent Economies: Lessons for Kazakhstan from Alberta

Kazakhstan’s oil boom, diversification strategies, and the service sector

Coherency as a Factor of Improving Performance of Regional Public Well-Being Development

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