Asian Development Bank and Kazakhstan: Fact Sheet
Asian Development Bank | July 2006
Abstract
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Kazakhstan as well as concise information on ADB's operations in the country and contact information. High prices for Kazakhstan’s oil and gas exports, ambitious structural changes, foreign investment, and political stability have spurred the economy and improved living standards in the Central Asian country in recent years. The challenge is to ensure that development spreads the benefits more equitably. This will require an increased resilience to external economic shocks, largely by diversifying sources of growth beyond fossil fuels. Expanding manufacturing outside the oil sector, raising productivity in agriculture, and extending the reach of small- and medium-sized enterprises (SMEs) offer potential. One warning light flashes, however: rising inflation and rapid exchange rate appreciation have tracked robust growth, and sound economic management is needed to prevent overheating and encourage the private sector.
Citation
Asian Development Bank. 2006. Asian Development Bank and Kazakhstan: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5909.Keywords
Alternative Energy Development
Asian Development Bank
Development
Development Cooperation
Rural Development Projects
Energy Development Finance
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Development policy
Energy Demand
Alternative energy program
Domestic Energy
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Rural manpower policy
Biogas
Biomass chemical
Biomass gassification
Biomass energy
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