CENTRAL ASIA AND THE CAUCASUS: ECONOMIC OUTLOOK, CHALLENGES AND NEEDED REFORMS

FRIDAY, 23 OCTOBER
15:00–16:00 / HALL #237
VALIKHANOV BLD / KIMEP

“Central Asia and the Caucasus: Economic outlook, challenges and needed reforms”

Presenter: Dr. Jüha Kähkönen, Deputy Director of Middle East and Central Asia Department of the IMF

Panelist: Dr. Gautam Bhattacharya, Professor and Chair of the Department of Economics

Large external shocks, including lower commodity prices and slowdown in key trading partners, including Russia and China, has weakened economic growth prospects and raised vulnerabilities in the Caucasus and Central Asia (CCA) Region. What are the challenges and policy tradeoffs facing policy makers? What would be the appropriate fiscal, monetary and exchange rate policies? How are the banking sectors faring? Which structural reforms are essential for medium-term growth and job creation?

RECENT ECONOMIC DEVELOPMENTS IN THE CAUCASUS AND CENTRAL ASIA REGION

TUESDAY, 19 MAY
15:00–16:00 / HALL #237
VALIKHANOV BLD / KIMEP

By JUHA KÄHKÖNEN
Deputy Director
Middle East & Central Asia Department
International Monetary Fund (IMF)

The IMF releases its Regional Economic Outlook (REO) in the spring and fall of every year. In its latest update in April 2015, it analysed the impact of the fall in oil prices, the economic slowdown in Russia and developments in exchange rates in the Caucasus and Central Asia region. In this lecture Mr. Kähkönen will share his understanding of economic developments in the region.

Short biography of the speaker:

Mr. Juha Kahkonen is deputy director of Middle East and Central Asia Department, IMF, since March 2012. Oversees the department’s work on Egypt and the CCA (Caucasus and Central Asia) Mr. Juha Kahkonen has Ph.D. from Michigan (1982).

Mr. Juha Kahkonen has previously worked in the Research, Asian, Policy Development and Review, and European Departments. Past assignments include period as resident representative in India, work on advanced and emerging market countries in Asia (Japan, Singapore, Poland, and Thailand), heading IMF missions to Albania, Bulgaria, Turkey, and more recently Germany and Russia, and reviewing IMF work on some 50 countries representing all continents.
Prior to joining the IMF, in 1982–86, Mr. Juha Kahkonen worked as assistant professor at New York University, associate professor and professor at Helsinki School of Economics, and research advisor at the Bank of Finland.

KAZAKHSTAN’S ECONOMY: ENTERING THE TURBULENCE ZONE [Roundtable]

REGISTRATION REQUIRED!
Please email to: shynar.zeinolla@kimep.kz

THURSDAY, 13 NOVEMBER
10:00–13:00 / HALL #237
VALIKHANOV BUILDING / KIMEP

KIMEP Central Asian Studies Center (CASC)
Friedrich Ebert Foundation in Kazakhstan

Roundtable “Kazakhstan’s Economy: Entering the Turbulence Zone”

The discussion will focus on multiple challenges facing Kazakhstan’s economy at the moment: falling oil prices, exchange of sanctions between the West and Russia and worsening condition of the Russian economy, and internal constraints on economic development and effective crisis management. It will also address the issue of budget spending and how the economic crisis can affect social expenditures.

Program:
Moderator: Nargis Kassenova

09:30–10:00 Registration, Refreshments
10:00–10:10 Welcome note

10:10–10:30 Speaker 1 Nadeem Naqvi (KIMEP University):
Economic Effects of 2014 Crude Oil Price Fall on Kazakhstan

10:30–10:50 Speaker 2 Olzhas Khudaibergenov (Association of Economists of Kazakhstan):
Beyond Oil, Beyond Borders: External Factors Influencing Kazakhstan’s Economic Development

10:50–11:20 Questions & answers
11:20–11:40 Coffee break

11:40–12:00 Speaker 3 Sabit Khakimzhanov (Halyk Finance):
Internal Constraints on Countercyclical Policy

12:00–12:20 Speaker 4 Zhanibek Khassan (Zertteu Research Institute):
The State Budget as a Reflection of Government Policies: Declarations vs. Reality

12:20–13:00 Questions & answers / Closing
Language: English

Nadeem Naqvi is Professor at the Department of Economics, KIMEP University. In 1999-2000 he served as a consultant for the World Bank. His areas of research include International Trade, Theory of Value, Social Choice, Foundations of Individual Choice, Non-binary Preferences. He received his MA in Economics from Delhi School of Economics (1981) and Southern Methodist University (1983), and his PhD in Economics from the Southern Methodist University (1984).

Oraz Jandosov is Director of RAKURS Center for Economic Analysis. He held a number of high-level positions: he served as First Deputy Minister of Economy and Chairman of the National Agency on Foreign Investment (1993-94); First Deputy Governor of the National Bank of Kazakhstan (1994-96); Governor of the National Bank of Kazakhstan (1996-98); First Deputy Prime Minister and Chairman of the State Committee on Investment (1998-99); Deputy Prime Minister and Minister of Finance (1999); President of Kazakhstan Electricity Grid Operating Company (KEGOC) (1999-2000); Deputy Prime Minister (2000-01); Chairman of the Board Of Kazakhstan’s Association of Financial Institutions (2001-2); Assistant to the President of Kazakhstan for economic and financial issues (2003); Chairman of the Agency for Regulation of Natural Monopolies and Protection of Competition (2003-4). In 2002-8 he was Co-Chairman of the Democratic Party of Kazakhstan “Ak Zhol” (later “Nagyz Ak Zhol”).
He holds a graduate degree in Economics from the Moscow State University (1986).

Sabit Khakimzhanov is Member of the Management Board at Halyk Finance since March 2013, Head of Research since 2008. Before joining Halyk Finance, Sabit Khakimzhanov taught economics at the University of Minnesota (1998-99), Bilkent University, Turkey (1999-2002), KIMEP, Kazakhstan (2002-2007), Kazakh-British Technical University, Kazakhstan (2007). He worked as a manager of technical assistance projects for USAID Central Asia (1995-96). In 2000s he consulted the World Bank, ADB, International Labor Organization, and the National Bank of Kazakhstan on matters of social security, labor market policy, finance and monetary policy. He has a degree in mining engineering from Kazakh Polytechnic Institute, a Candidate in Engineering degree from the Russian Academy of Sciences (1991), Master of Sciences and PhD degree in Applied Economics from the University of Minnesota (1995, 1999).

Zhanibek Khassan is Director of Public Foundation “Zertteu Research Institute” He is an expert in the field of good governance, budget transparency and public accountability with nearly 10 years of experience in international development with background in providing technical support to civil society organizations on policy research, government accountability and transparency in public finance. He served as Director of the program for Soros Foundation at their Public Finance Transparency division providing technical oversight for the project in collaboration with government officials and international organizations such as International Monetary fund (IMF) and Organization for Economic Co-operation and Development (OECD) and local NGOs.

 

[ROUNDTABLE] TENGE DEVALUATION: CAUSES AND IMPLICATIONS

CASC ROUNDTABLE:
TENGE DEVALUATION: CAUSES AND IMPLICATIONS

Panelists:
Dr. Nadeem Naqvi (Department of Economics)
Dr. Gerald Pech (Department of Economics)
Dr. Nygmet Ibadildin (Department of International Relations & Regional Studies)

WEDNESDAY, 19 FEBRUARY
17:00–18.30 / HALL #237
VALIKHANOV BUILDING / KIMEP

KAZAKHSTAN AS AN EMERGING MARKET: GROWTH AND NATURAL RESOURCES [CONFERENCE]

KIMEP Central Asian Studies Center (CASC) is hosting a conference co-organized by KIMEP College of Social Sciences and our partner University of Agder (UiA), Norway

KAZAKHSTAN AS AN EMERGING MARKET: GROWTH AND NATURAL RESOURCES

FRIDAY, 30 NOVEMBER
10.00–13.15 / HALL#237
VALIKHANOV BUILDING

PROGRAM:

10:00–10:15: Welcome. Short note on UiA & KIMEP partnership
Ronald Voogdt, AVP for Planning & Development, KIMEP
Dr. Stina Torjesen, University of Agder (UiA)

10:15–11:00: Emerging markets: key features  
Presentation by Professor Stein Kristiansen, UiA:
“Is ‘emerging market’ a useful category for scholarly inquiry”
Comment: Dr. Gerald Pech, KIMEP

11:00–11:45: The role of natural resources in driving growth
Presentation by Dr. Nygmet Ibadildin, KIMEP:
“Kazakhstan: Natural resources and associated political aspects”
Comment: Dr. Eldar Madumarov, KIMEP

11:45–12:15: Coffee break

12:15–13:00: Social responsibility of emerging market actors  
Presentation by Dr. Azhar Baisakalova, KIMEP: “CSR in Kazakhstan”
Comment: Dr. Stina Torjesen, UiA

13:00–13:15: Closing remarks
Professor Harald Knudsen, UiA: Key learnings from the seminar and
reflection of their relevance for studies on strategy and leadership

The emergence of high growth nations in Asia have been one of the defining trends in the past decade and is set to continue to shape politics and economics in the years to come.  This seminar gathers prominent international and national experts to discuss key features of emerging economics and the extent to which Kazakhstan share these feature.