Kazakhstan : Recent Economic Developments.

This paper reviews economic developments in Kazakhstan during 1994-96. In early 1994, Kazakhstan embarked on an ambitious stabilization program aimed at reducing inflation sharply and implementing structural reforms. This program was based on tight financial policies and a package of structural meas...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/022
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in Kazakhstan during 1994-96. In early 1994, Kazakhstan embarked on an ambitious stabilization program aimed at reducing inflation sharply and implementing structural reforms. This program was based on tight financial policies and a package of structural measures, including privatization and trade and price liberalization; it was supported by a one-year stand-by arrangement from the IMF, approved in January 1994. However, the stabilization effort was quickly derailed by the authorities' inter-enterprise arrears netting operation that began in February 1994.
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Physical Description:1 online resource (127 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students