Kazakhstan: Extractive resources, governance and inclusive development
By: Unceta, Rafael Aguirre
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Material type: 
BookPublisher: Journal of Social and Economic Development Description: 26(1), Apr, 2024: p.235-257.Subject(s): Natural resources, hydrocarbons, minerals, Kazakhstan, economic growth, social impact, productive diversification, wealth distribution, resource curse thesis, autocratic institutions, extractive sector, poverty trends, regional inequality, public spending, education, health, social protection, social deprivation, civil unrest, January 2022 riots
In:
Journal of Social and Economic DevelopmentSummary: Kazakhstan has large natural resources (hydrocarbons and minerals), which have enabled it to achieve a position of relative prosperity compared with other ex-Soviet countries in Central Asia. This article aims to examine the economic and social impact that the exploitation of these resources has had on the country. More specifically, it seeks to assess the consistency of the economic growth achieved, the extent of national productive diversification, as well as the wealth distribution within the Kazakh social structure. The article also attempts to appraise these effects in Kazakhstan in relation to some of the postulates of the resource curse thesis. One of them predicts that under weak and autocratic institutional frameworks, the benefits of the extractive sector tend to be captured by elites close to power. Poverty in Kazakhstan has declined overall, albeit with peaks in recent years and marked inequalities between the country's regions. Public spending on social policies (education, health, social protection) has been disproportionate and has lagged behind that of countries with comparable economic conditions. Social deprivation and civil unrest are witnessed in the country, as evidenced by the riots that rocked some of its cities in January 2022.- Reproduced
https://link.springer.com/article/10.1007/s40847-023-00252-1
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Articles
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Indian Institute of Public Administration | 26(1), Apr, 2024: p.235-257 | Available | AR132592 |
Kazakhstan has large natural resources (hydrocarbons and minerals), which have enabled it to achieve a position of relative prosperity compared with other ex-Soviet countries in Central Asia. This article aims to examine the economic and social impact that the exploitation of these resources has had on the country. More specifically, it seeks to assess the consistency of the economic growth achieved, the extent of national productive diversification, as well as the wealth distribution within the Kazakh social structure. The article also attempts to appraise these effects in Kazakhstan in relation to some of the postulates of the resource curse thesis. One of them predicts that under weak and autocratic institutional frameworks, the benefits of the extractive sector tend to be captured by elites close to power. Poverty in Kazakhstan has declined overall, albeit with peaks in recent years and marked inequalities between the country's regions. Public spending on social policies (education, health, social protection) has been disproportionate and has lagged behind that of countries with comparable economic conditions. Social deprivation and civil unrest are witnessed in the country, as evidenced by the riots that rocked some of its cities in January 2022.- Reproduced
https://link.springer.com/article/10.1007/s40847-023-00252-1
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