OECD Territorial Reviews: Kazakhstan

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Kazakhstan has experienced a long period of high and sustained economic growth, largely driven by oil and gas exports. However, the drop in 2014 of the international price of oil highlighted the risks of dependence on natural resource activities. Kazakhstan must diversify its economic base to ensure that it can continue to “catch up” and move into higher value-added goods and services. This review looks at how a modern approach to regional development can help Kazakhstan by mobilising the growth potential of different parts of the economy and territory, supporting economic diversification and reducing regional inequalities.


Regional development policy in Kazakhstan

This chapter examines Kazakhstan’s regional policies. First, it gives an overview of Kazakhstan’s regional development approach in the context of its broader economic strategy, as exemplified by several guiding documents adopted in the past 15 years. Next, it describes the evolution of Kazakhstan’s regional development strategy, highlighting the major continuities and changes in its approach. It also compares this approach to recent practice in the OECD, which could provide some valuable lessons for Kazakhstan. Finally, the chapter examines several regional development programmes and policies that were recently adopted. Particular attention is paid to the “State Programme for Accelerated Industrial and Innovative Development,” Kazakhstan’s core regional development strategy.


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