Presence of a Dutch disease in Kazakhstan: Myth or Reality?

Anel Mamyrkhanova

Bachelor's thesis

Dutch Disease in Kazakhstan

Abstract:

viz zadání BP

Abstract:

The goal of this work is to test the hypothesis if economy of the modern Kazakhstan is affected by the Dutch disease. In order to examine the effectiveness of the Kazakh economy wide range of different data analysis were done in this work, starting from the learnings from the experiences with the Dutch disease of other countries, as well as econometrical analysis of the governmental statistics. In the empirical part was tested the hypothesis that non oil-based industries of the country are affected by the oil prices. The result of an econometrical research has proven it and it confirms the presence of a Dutch disease in Kazakhstan, since there is a decrease in the efficiency of the country's economy due to an increase in the gross income of raw materials.

Keywords

Kazachstan, Dutch Disease, Natural Resource curse

Keywords

Natural Resource curse, Dutch disease, Exchange rate

Language used: English

Date on which the thesis was submitted / produced: 25. 1. 2019

Thesis defence

• Date of defence: 5. 2. 2020
• Supervisor: Lukáš Augustin Máslo
• Reader: Martin Slaný

Vysoká škola ekonomická v Praze

Bachelor programme / field:
Ekonomie a hospodářská správa / Economics