Kazakhstan : Recent Economic Developments.

This paper reviews economic developments in the Republic of Kazakhstan during 1995-98. Following a cumulative decline of 31 percent during 1992-95, real GDP began to recover in 1996, and the resumption of growth seems to have been firmly established with growth rates of 2 percent being recorded in 1...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Staff Country Reports; Country Report ; No. 1998/084
Online Access:Full text available on IMF
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520 3 |a This paper reviews economic developments in the Republic of Kazakhstan during 1995-98. Following a cumulative decline of 31 percent during 1992-95, real GDP began to recover in 1996, and the resumption of growth seems to have been firmly established with growth rates of 2 percent being recorded in 1997 and in the first quarter of 1998. At the same time, inflation has fallen continuously since reaching a peak of more than 3,000 percent (annual rate) in mid-1994. By the end of 1997, the rate of price increase had fallen to about 11 percent. 
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