Republic of Kazakhstan: Selected Issues
IMF Staff Country Reports, August 5, 2014
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- Republic of Kazakhstan: Selected Issues
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Bibliographic details
- Published: August 5, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484355671.002
Summary and purpose
- This Selected Issues paper analyzes whether Kazakhstan has made progress in achieving a more equal income distribution, lower poverty, and a higher level of employment.
- Given the overarching structural challenges for Kazakhstan, the authorities are stepping up efforts to implement various measures.
Labor market and youth employment
- The authorities have been revamping a college internship program and a job placement program.
- Objective: to make educated youth competitive in the labor market and to reduce labor market mismatches.
- Implication: bolstering youth employment and addressing labor market challenges.
Inclusivity, inequality, and unemployment — key findings
- The results suggest that Kazakhstan’s economic growth has been broadly inclusive; however, there is room for further improvement.
- Both income inequality and unemployment in Kazakhstan compare favorably to peers.
Fiscal policy and transfers — analysis and recommendations
- Fiscal policy could be a useful tool to help reduce income inequality.
- Better targeting of transfers reduces their fiscal cost and tax levels required to finance them, thus achieving distributional objectives in a more efficient manner.
Structural reform agenda
- An ambitious structural reform agenda is paramount to Kazakhstan becoming a dynamic emerging market economy and ensuring sustainable and inclusive growth.
Content in this bundle
- Republic of Kazakhstan: Selected Issues ; IMF Country Report No. 14/243 ; July 2, 2014
- _cr14243r