Browsing by Author "Sabyr U.N."

Now showing 1 - 1 of 1
  • Thumbnail Image
    ItemOpen Access
    ANALYSIS OF THE DEVELOPMENT OF EXPORT TRADE IN THE REPUBLIC OF KAZAKHSTAN
    (СДУ хабаршысы - 2017, 2017) Sabyr U.N.
    Abstract. Kazakhstan has embarked on an ambitious diversification program, aimed at developing targeted sectors like transport, pharmaceuticals, telecommunications, petrochemicals and food processing. In 2010 Kazakhstan joined the Belarus-Kazakhstan-Russia Customs Union in an effort to boost foreign investment and improve trade relationships. The Customs Union evolved into the Eurasian Economic Union in January 2015. During 2014, Kazakhstan’s economy was hampered by Russia’s slowing economy, the weakening ruble, falling oil prices, and problems at its Kashagan oil field. Kazakhstan devalued its currency, the tenge, by 19 percent in February and in November the government announced a stimulus package to cope with the economic challenges. This article describes the general position of Kazakhstan in export trade. For this, a descriptive analysis of the data is used based on the areas of economic development of Kazakhstan already studied. The common goal is to identify the reasons and solutions to the problems at this stage of the economy development, as well as the forecast for the next five years.