Recommendations for the Management of Oil Wealth in Kazakhstan

Description
This paper explores policies for the management of oil wealth in Norway, Mexico, and Russia, and applies them to the situation in Kazakhstan to create policy guidelines to improve the management of oil wealth in Kazakhstan. Ultimately the paper recommends

This paper explores policies for the management of oil wealth in Norway, Mexico, and Russia, and applies them to the situation in Kazakhstan to create policy guidelines to improve the management of oil wealth in Kazakhstan. Ultimately the paper recommends that Kazakhstan transfer oil wealth to the oil stabilization fund directly, that it increase the cap on annual transfers from the fund to the budget to 11 billion dollars, and that it create strict policies for the promotion of growth.

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Details

Contributors
Date Created
2013-05
Topical Subject
Resource Type
Language
  • eng
Additional Information
English
Series
  • Academic Year 2012-2013
Extent
  • 58 pages