2007 | OriginalPaper | Buchkapitel
Kazakhstan: A State-Led Liberalized Market Economy?
verfasst von : Ken Charman
Erschienen in: Varieties of Capitalism in Post-Communist Countries
Verlag: Palgrave Macmillan UK
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By 2005, a decade and a half after the foundations of a market economy were first set in place, the extent of capitalism in the Republic of Kazakhstan was evident. Markets had been liberalized for over a decade, the privatization programmes started in the 1990s still continued, there was significant growth in the SME sector, and foreign trade and foreign direct investment were playing a significant and increasingly important role in economic activity. The banking system and financial markets were functioning, and laws to regulate market activity had been passed.