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Now showing 1 - 2 of 2
  • ItemOpen Access
    The Exchange and the Interest Rates
    (Suleyman Demirel University, 2007) Aina Shitkanova
    This project explores the relationship between interest and exchange rates in an open economy, with a specific focus on Kazakhstan. It examines the mechanisms through which interest rates influence exchange rate movements and vice versa, analyzing how these interactions impact the country's economic situation. The study also addresses key questions such as why the Kazakhstani tenge is appreciating and why national interest rates remain high. By applying theoretical models like the IS-LM framework for open economies, the project investigates the effects of fiscal expansion and monetary contraction on output, interest rates, and currency value. In conclusion, the paper provides insights and predictions about Kazakhstan’s future monetary trends, suggesting a continued appreciation of the tenge and a gradual rise in interest rates.
  • ItemOpen Access
    THE NATURE AND REASONS OF INFLATION. IMPACT OF INFLATIONARY FACTORS ON KAZAKHSTAN'S PRICE LEVEL
    (Suleyman Demirel University, 2012) D.S.Taimagambet
    This study investigates the nature, causes, and dynamics of inflation, with a particular focus on Kazakhstan. Inflation is analyzed as a complex phenomenon influenced by monetary, non-monetary, and psychological factors, as well as market speculation. Using econometric modeling based on monthly data from 1994 to 2008, the research identifies key determinants of inflation in Kazakhstan, compares its patterns with other countries (USA, Australia, and Korea), and provides policy recommendations for mitigating inflationary pressures.