Role of institutions in Kazakhstan in combating the resource curse
Nygmet Ibadildin
Broschiertes Buch

Role of institutions in Kazakhstan in combating the resource curse

Transition from the Soviet legacy to something else

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Political and economic risks caused by a natural resource abundance has been dubbed as the resource curse. Many developing countries have experienced it in the oil boom of 1970s and following the oil-glut in the 1980s when financial inflows from oil were so large and so fast that institutional development was not catching up with it. Now the concept ot the resource curse is challenged in the context of the institutional development. Qualitative analysis in this research is provided by structured interviews with the representatives of the parties concerned, including business leaders, governmen...