Macroeconomics
Country Paper
Kazakhstan
Table of Contents:
I. Introduction
A. The Republic of Kazakhstan: Kazakhstan’s Macroeconomics..................3
1) Geographical Location ………………………………………………...3
2) Land Size ………………………………………………………………...3
3) Currency………………………………………………………………....3
4) Population………………………………………………………………..3
5) Major Products ……………………………………………………...... 3-4
II. Discussion of the Macroeconomics Indicators
A. Real GDP for the past 10 years …………………………………………….4
B. Population, Labor force and Unemployment………………………………5
1) Average Growth rate of Population………………………………..5
2) Average Growth rate of Labor Force……………………………...5-6
C. Real GDP per capita in the past 10 years…………………………………..7
D. Real GDP per employed worker in the past 10 years……………………..7
E. Average growth of rate……………………………………………………….7
F. Annual Inflation rate………………………………………………………....8
G. Consumer Price Index………………………………………………………...9
H. Producer’s Price Index……………………………………………………......9
I. Annual Increase in Money Supply………………………………………….10
J. Government Debt as a ratio to GDP………………………………………..11
K. Exports as a ratio to GDP…………………………………………………...12
III. Conclusion
A. Kazakhstan’s Economic Growth and Development…………………………...13
IV. Appendices
A. Map, flag and Capital City of Kazakhstan…………………..……………….14-16
B. Statistics…………………………………………………………………………17-27
V. Bibliography………………………………………………………………………………28
The Republic of Kazakhstan: Kazakhstan’s Macroeconomics
The history of Kazakhstan begins with the indigenous Kazakhs, a nomadic Turkic people who belonged to several divisions of Kazakh hordes. They grouped together in settlements and lived in dome-shaped tents made of felt called yurts. Their tribes migrated seasonally to find pastures for their herds of sheep, horses, and goats. Although they had chiefs, the Kazakhs were rarely united as a single nation under one great leader.