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Credit guarantee and credit evaluation system for SME development in Kazakhstan

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Frame of Image try of Strategy and Finance (MOSF), Republic of Korea Korea Development Institute (KDI) Ministry of Economic Development and Trade (MEDT), Republic of Kazakhstan Ministry of Economic Development and Trade (MEDT), Entrepreneurship Development Fund “DAMU” JSC MoonJoong Tcha, Executive Director, Center for International Development (CID), KDI Taihee Lee, Director, Division of KSP Consultation, CID, KDI Jae In Choi, Research Associate, Division of Development Research, CID, KDI Hyejin Kim, Senior Program Officer, Economic Development Division, KDS Eui-Jong Kwon, Executive Director, KODIT Chapter 1. Myung-Ho Yoo, Research Fellow, KDS Chapter 2. Yong-Pyung Park, Team Manager, KODIT Chapter 3. Jong-Goo Lee, Associate Manager, KODIT Chapter 4. Eui-Jong Kwon, Executive Director, KODIT Enkoline Ewijeong Jeong, Researcher, Ecomomic Development Division, KDS Elizabeth Paik, Researcher, Economic Development Division, KDS
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Government Publications Registration Number 11-1051000-000260-01 ISBN 978-89-8063-627-3 94320 ISBN 978-89-8063-657-0 (set)
Copyright ⓒ 2012 by Ministry of Strategy and Finance, the Republic of Korea
Government Publications Registration Number 11-1051000-000260-01
Knowledge Sharing Program
Credit Guarantee and Credit Evaluation System for SME Development in Kazakhstan
2012
MINISTRY OF STRATEGY AND FINANCE
Korea Development Institute
Korea Institute for De


Full Text
Title Credit guarantee and credit evaluation system for SME development in Kazakhstan
Similar Titles
Project Category Consulting Programs
Material Type Reports
Author(English)

Yoo, Myungho; Park, Yongpyung; Lee, Jonggoo; Kwon, Euijong

Publisher

Seoul:Korea Development Institute

Date 2012
Project Consulting Programs
Series Title; No Knowledge Sharing Program
ISBN 978-89-8063-627-3; 978-89-8063-657-0 (set)
Pages 165
Subject Country Kazakhstan(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Others
Holding Korea Development Institute
Recipient Country Kazakhstan(Asia and Pacific)
Donor Country South Korea(Asia and Pacific)
Supervisor Korea Development Institute
Organizer Korea Development Institute
Sponsor Ministry of Strategy and Finance

Abstract

Kazakhstan, which is the 9th largest country in the world in terms of land mass and abundant in natural resources, is one of the fastest developing countries among the Commonwealth of Independent States. From 2000 to just before the global financial crisis in 2008, Kazakhstan recorded an annual Gross Domestic Product (GDP) growth rate of around 10%. Rising prices for oil, natural gas and uranium drew global attention and thus global investments in the country, which provided rich liquidity to the economy. The recent economic condition of Kazakhstan is also explained by its booming real estate market. However, considering that the oil and gas industry account for about 40% of GDP and 75% of exports, the resource industry may paradoxically have a negative impact on the economy of Kazakhstan in the long run. (The rest omitted)