KazakhstanUNSC.com – a multilingual website dedicated to Kazakhstan’s bid to secure a seat as a non-permanent member of the United Nations Security Council for the years 2017/18 – is pleased to present the eighth in a series of informative Occasional Papers, entitled “Kazakhstan’s Economy: A Model for Transitional States?”, online as of today.
Kazakhstan, like other former Soviet states, experienced negative economic growth during the first half decade of independence. In 1997, President Nursultan Nazarbayev set out his vision in the “Kazakhstan 2030” strategy to overcome economic hardship, declaring: “All this is but a vision of the future, a model thereof, an ideal objective and a dream”.
Today, this dream has in many ways become a reality. Kazakhstan’s declared ambition to achieve high and steady growth rates, reduce poverty, attract foreign direct investment, enable the transition to a modern market economy, and liberalise its trade regime has been fulfilled, and in certain key respects exceeded expectations.
As this paper explores in detail, Kazakhstan’s ambitions have been supplemented with political stability, societal harmony and tolerance, and an outward looking foreign policy, which have worked together to strengthen economic growth in Kazakhstan.
We hope our subscribers enjoy the Occasional Paper, and for those readers who have not yet joined, we invite you to subscribe to our mailing list and follow us on Facebook, Twitter and Youtube for all the latest news and progress on Kazakhstan’s UNSC bid.