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

See all articles by Jung Wan Lee

Jung Wan Lee

Boston University - Department of Administrative Sciences

Simon Tai

Bang College of Business

Date Written: December 20, 2008

Abstract

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

Suggested Citation

Lee, Jung Wan and Tai, Simon, Adjusting the Structure of International Trade and its Effects on the Economic Growth of Kazakhstan (December 20, 2008). Journal of Trade and Global Markets, Vol. 1, No. 4, pp. 355-372. DOI: 10.1504/IJTGM.2008.021397 . Available at SSRN: https://ssrn.com/abstract=3091359

Jung Wan Lee (Contact Author)

Boston University - Department of Administrative Sciences ( email )

808 Commonwealth Avenue
Boston, MA 02215
United States
617 358 5627 (Phone)
617 353 6840 (Fax)

HOME PAGE: http://www.bu.edu/met

Simon Tai

Bang College of Business ( email )

KIMEP
Almaty
Kazakhstan

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