Kazakhstan's Diversification from the Natural Resources Sector

1. Front Matter

   Pages i-xxviii

   PDF

2. Part I

   1. Front Matter

      Pages 1-1

      PDF

   2. Institutional Reform in Kazakhstan

      • Ulan Baldakhov, Irina Heim

      Pages 3-29

   3. The Oil and Gas Industry in Kazakhstan’s Investment Regimes

      • Irina Heim, Maxim Romanov

      Pages 31-53

   4. The Effects of Oil Revenues on Kazakhstan’s Economy

      • Irina Heim, Kairat Salimov

      Pages 55-81

3. Part II

   1. Front Matter

      Pages 83-83

      PDF

   2. Infrastructure Investment and Development Alongside the Belt and Road Initiative

      • Natalia Ribberink, Lisa Schubert

      Pages 85-109

   3. Investments in the Digital Silk Road

      • Vitaly Ambalov, Irina Heim

      Pages 111-149

4. Part III

   1. Front Matter

      Pages 151-151

      PDF

   2. Chinese Investments Across the New Silk Road

      • Tian Han, Abby Ghobadian

      Pages 153-171

   3. Kazakhstan as Logistics Linchpin in the Belt and Road Initiative

      • W. Travis Selmier II

      Pages 173-202

5. Part IV

   1. Front Matter

      Pages 203-203

      PDF

   2. Diversification and Local Industry Development

      • Beibit Sabirov, Gulzada Shakulikova

      Pages 205-226

   3. Building Entrepreneurial Ecosystems: Effects of Economic Integration

      • Assel Jumasseitova

      Pages 227-235

   4. Development of the e-Tourism Industry in Kazakhstan

      • Sayabek Ziyadin, Raigul Doszhan, Gulvira Akybayeva

      Pages 237-252

6. Correction to: Investments in the Digital Silk Road

   • Vitaly Ambalov, Irina Heim

   Pages C1-C1

7. Back Matter

   Pages 253-258

   PDF

This book explores opportunities for diversifying modern Kazakhstan's economy, which is still heavily dependent on its natural resources, as well as looking at economic opportunities for the whole Central Asian region arising from the Chinese government's Belt and Road Initiative (BRI). The book is comprised of four parts. Part 1 explores the first main theme of the book: development of the economy based on the resource sector with the example of Kazakhstan. Part 2 examines opportunities for diversification arising from BRI: a rise of transport and communication industries alongside the new Belt and Road economic route. Part 3 explores the view from China on the perspectives of regional development, not least the economic reasons for the launch of this programme, investments and planned effects. Part 4 discusses other internal sources for diversification of the economy in Kazakhstan based on development of local industry in the oil and gas sector, small- and medium-sized enterprises and tertiary sector of the economy. 

This book will be of value for students, academics, policy-makers, and practitioners focused on economic development and business in the Central Asian region, as well as those who are working on the design of instruments for economic development in their own countries.

• Belt and Road Initiative
• Kazakhstan
• Resource-rich countries
• Extractive sectors
• Economic diversification
• Commonwealth of Independent States (CIS)
• Information and communication technologies (ICT)

• Henley Business School, University of Reading, Reading, UK

  Irina Heim

Irina Heim is a post-doctoral Fellow in Organisational Behaviour and Entrepreneurship at Henley Business School, University of Reading, UK. She also teaches a number of economics disciplines at the Department of Economics, University College London. She has published articles in international academic journals, as well as a range of contributions to academic books.

Policies and ethics