Publication:
South Caucasus and Central Asia - The Belt and Road Initiative: Kazakhstan Country Case Study

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dc.contributor.authorWorld Bank
dc.date.accessioned2020-07-15T20:08:54Z
dc.date.available2020-07-15T20:08:54Z
dc.date.issued2020-06
dc.description.abstractKazakhstan is an upper-middle income, resource rich country. Its ascent to upper-middle income status was propelled by rising oil production and booming oil prices which pushed the average annual rate to above 7 percent during 2000-2013. The halving of world oil prices and lower export demand since resulted in a sharp slowdown with an average annual GDP growth rate of 2.2 percent in 2014-17. Growth picked up modestly recently but remains a far cry from the levels seen in early 2000s. Furthermore, the COVID-19 pandemic and the slump in commodity prices further dents the growth outlook. This note assesses the potential impact of BRI over connectivity and the Kazakh economy. It looks at how, if fully implemented globally, the BRI is expected to achieve better transport connections and greater economic integration of participating BRI countries, discusses improvements in Kazakhstan’s cross-border transport, electricity and ICT infrastructure to-date, and the potential impact of the completion of BRI transport projects on lowering Kazakh shipment time. It further looks at the likely economic impact of BRI reductions in shipment time on exports, FDI and GDP, the within country regional distribution of that impact and how complementary polices can enhance the positive impact and reduce regional inequity. Finally, it also examines the fiscal risk of scaling-up investment in BRI projects in the coming years without undermining medium-term debt sustainability.en
dc.identifierhttp://documents.worldbank.org/curated/en/471731593499938164/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Kazakhstan-Country-Case-Study
dc.identifier.doi10.1596/34117
dc.identifier.urihttps://hdl.handle.net/10986/34117
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectBELT AND ROAD INITIATIVE
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRADE LOGISTICS
dc.subjectPUBLIC INVESTMENT
dc.titleSouth Caucasus and Central Asia - The Belt and Road Initiativeen
dc.title.subtitleKazakhstan Country Case Studyen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleSouth Caucasus and Central Asia - The Belt and Road Initiative
okr.date.disclosure2020-06-30
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Infrastructure Study
okr.docurlhttp://documents.worldbank.org/curated/en/471731593499938164/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Kazakhstan-Country-Case-Study
okr.guid471731593499938164
okr.identifier.doi10.1596/34117
okr.identifier.externaldocumentum090224b0882c0847_2_0
okr.identifier.internaldocumentum32190825
okr.identifier.report150333
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/471731593499938164/pdf/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Kazakhstan-Country-Case-Study.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryChina
okr.region.countryKazakhstan
okr.region.geographicalCentral Asia
okr.topicTransport::Transport and Trade Logistics
okr.topicTransport::Roads & Highways
okr.topicTransport::Railways Transport
okr.unitN/A
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