FREE BOOKS

Author's List




PREV.   NEXT  
|<   576   577   578   579   580   581   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598   599   600  
601   602   603   604   605   606   607   608   609   610   611   612   613   614   615   616   617   618   619   620   621   622   623   624   625   >>   >|  
ic representation from the US: chief of mission: Ambassador A. Elizabeth JONES embassy: 99/97 Furmanova Street, Almaty, Republic of Kazakhstan 480012 mailing address: use embassy street address telephone: [7] (3272) 63-39-05, 63-13-75, 63-24-26 FAX: [7] (3272) 63-38-83 Flag description: sky blue background representing the endless sky and a gold sun with 32 rays soaring above a golden steppe eagle in the center; on the hoist side is a "national ornamentation" in yellow @Kazakhstan:Economy Economy-overview: Kazakhstan, the second largest of the former Soviet republics in territory, possesses enormous untapped fossil fuel reserves as well as plentiful supplies of other minerals and metals. It also has considerable agricultural potential with its vast steppe lands accommodating both livestock and grain production. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources and also on a relatively large machine building sector specializing in construction equipment, tractors, agricultural machinery, and some defense items. The breakup of the USSR and the collapse of demand for Kazakhstan's traditional heavy industry products have resulted in a sharp contraction of the economy since 1991, with the steepest annual decline occurring in 1994. In 1995-97 the pace of the government program of economic reform and privatization quickened, resulting in a substantial shifting of assets into the private sector. The December 1996 signing of the Caspian Pipeline Consortium agreement to build a new pipeline from western Kazakhstan's Tengiz oil field to the Black Sea increases prospects for substantially larger oil exports in several years. The emigration of large numbers of skilled Slavic managers and technicians from the northern industrial areas will hold back future growth. GDP: purchasing power parity-$50 billion (1997 est.) GDP-real growth rate: 2.1% (1997 est.) GDP-per capita: purchasing power parity-$3,000 (1997 est.) GDP-composition by sector: agriculture: 12% industry: 25% services: 63% (1996 est.) Inflation rate-consumer price index: 12% (1997 est.) Labor force: total: 6.9 million by occupation: industry 27%, agriculture and forestry 23%, other 50% (1996) Unemployment rate: 2.6% includes only officially registered unemployed; also large additional numbers of unemployed and underemployed workers (December 1996 est.) Budget: revenues: $3 billion expenditures: $
PREV.   NEXT  
|<   576   577   578   579   580   581   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598   599   600  
601   602   603   604   605   606   607   608   609   610   611   612   613   614   615   616   617   618   619   620   621   622   623   624   625   >>   >|  



Top keywords:

Kazakhstan

 
sector
 

industry

 

billion

 
steppe
 

numbers

 
agricultural
 

industrial

 

December

 

parity


purchasing

 

growth

 

Economy

 

address

 

embassy

 

agriculture

 

unemployed

 
signing
 

Caspian

 

underemployed


workers
 

private

 
additional
 
registered
 

pipeline

 

western

 

Tengiz

 

Consortium

 
assets
 

officially


agreement

 
Pipeline
 

resulting

 

occurring

 

revenues

 

expenditures

 

decline

 

steepest

 

annual

 

privatization


quickened

 

substantial

 

reform

 

economic

 

government

 
Budget
 

program

 
shifting
 

includes

 

million