Poverty and Economic Transition in Kazakhstan

TRANSITION IN ASIA, Aiguo Lu and Manuel M. Montes, eds., Wider, 2002

26 Pages Posted: 8 Mar 2012

See all articles by Mamta Murthi

Mamta Murthi

World Bank

Kinnon Scott

World Bank

Menno Prasad Pradhan

Vrije Universiteit Amsterdam, School of Business and Economics; University of Amsterdam - Faculty of Economics and Business (FEB)

Date Written: October 1, 1998

Abstract

This paper examines the impact of the economic transition of the 1990s on living standards in Kazakhstan and suggests ways in which the social safety net can be made more effective. There are three principal conclusions. First, over a third of the population of Kazakhstan was living below a ‘subsistence minimum’ living standard in 1996. Second, given the extent of poverty, this is a problem that cannot be eliminated by public transfer programs alone. Indeed, the social safety net has shrunk substantially since independence under the combined impact of falling revenues and the need to maintain fiscal discipline. Third, the social safety net will nonetheless be critical for easing the costs of economic restructuring, and to assist those who may not be able to take advantage of changing economic opportunities. The social safety net could be made more effective through greater regularity in the payment of benefits and improved targeting of benefits to those in greatest need. An expansion of programs that assist the poor could be considered.

Keywords: poverty, Kazakhstan, 1996, safety nets

JEL Classification: I38, P29

Suggested Citation

Murthi, Mamta and Scott, Kinnon and Pradhan, Menno, Poverty and Economic Transition in Kazakhstan (October 1, 1998). TRANSITION IN ASIA, Aiguo Lu and Manuel M. Montes, eds., Wider, 2002, Available at SSRN: https://ssrn.com/abstract=2017014

Mamta Murthi (Contact Author)

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Kinnon Scott

World Bank ( email )

Washington, DC 20433
United States

Menno Pradhan

Vrije Universiteit Amsterdam, School of Business and Economics ( email )

De Boelelaan 1105
Amsterdam, 1081HV
Netherlands
+31(0)20 444 6137 (Phone)
+31(0)20 444 6127 (Fax)

University of Amsterdam - Faculty of Economics and Business (FEB) ( email )

Roetersstraat 11
Amsterdam, 1018 WB
Netherlands

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