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South Caucasus and Central Asia - The Belt and Road Initiative : Kazakhstan Country Case Study (Inglés)

Kazakhstan is an upper-middle income, resource rich country. Its ascent to upper-middle income status was propelled by rising oil production and booming oil prices which pushed the average annual rate to above 7 percent during 2000-2013. The halving of world oil prices and lower export demand since resulted in a sharp slowdown with an average annual GDP growth rate of 2.2 percent in 2014-17. Growth picked up modestly recently but remains a far cry...
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