Adjusting the Structure of International Trade and its Effects on the Economic Growth of Kazakhstan
Journal of Trade and Global Markets, Vol. 1, No. 4, pp. 355-372. DOI: 10.1504/IJTGM.2008.021397
Posted: 27 Dec 2017
Date Written: December 20, 2008
This study analyses the contribution of international trade to the economic growth of Kazakhstan, examines relationships between the structure of international trade and the national economic growth, and considers the compatibility of international trade (globalisation) with regional economic agreements among CIS countries. It applies the linear regression to the secondary data of Kazakhstan's macroeconomic indicators. The discussion of this study focuses on several aspects of international trade policy reforms, especially about short-term and long-term policy implications, and their contributions to the continuing growth of the nation's economy. The study results and its recommendations should be appropriate for policy makers in developing countries, especially in CIS countries.
Keywords: economic growth, international trade, foreign direct investments, exchange rate, intraregional trade, regional economic agreement, trade policy, World Trade Organization, Kazakhstan, CIS
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