The Project follow-up activities were designed to produce a (annual) Risk Report for the economy of Kazakhstan. This Report has been produced with the purpose to provide policy as well as other economic decision makers with information on economic crises risks in Kazakhstan.
The Risk Report is an outcome of a long lasting research Kazakh - German Program, which commenced in late 2007 and concludes with this Report. End of 2009 the main methodologies applied for risk analysis were presented during a Conference held in Almaty on 13 November 2009. Further contributions have been published in Papers[1].
The authors of this Project belong to the National Analytical Centre under the Government of the Republic of Kazakhstan (NAC), the National Bank of the Republic of Kazakhstan (NBRK), the Ifo Institute for Economic Research at the University of Munich (IFO). Additional contributors belong to the former Financial Supervision Agency (FSA) in Almaty and the Deutsche Bundesbank in Frankfurt. During the full Project duration about 20 junior and senior researchers actively participated with providing scientific inputs. Several academic theses emanated out of this Project and a number of contributions were accepted by scientific publications.
Contributions for the Risk Report were made by authors belonging to NAC, IFO (Abberger, Mayr, Nerb, Nierhaus, Schoenherr), NBRK and the Bundesbank. The Report has been published in English and Russian by the Partner Institution in preparation of a dissemination conference held at the Nazarbayev University in Astana on July 4, 2011.
Workshops and data analyses.
Official statistics and official surveys.
Risk Report has been produced and the results disseminated by a conference held in Astana.
Report has been published in English and Russian by Partner Institution in Kazakhstan.
[1] Publications:
Abberger, Klaus, Wolfgang Nierhaus, Shynar Shaikh, "Findings of the Signal Approach for Financial Monitoring in Kazakhstan", CESifo Working Paper No. 2774, September 2009 (download: www.SSRN.com and www.RePEc.org as well as www.CESifo-group.org/wp)
Bhattacharyay Biswa N., Dennis Duglosch, Benedikt Kolb, Kajal Lahiri, Irshat Mukhametov, Gernot Nerb, "Early Warning System for Economic and Financial Risks in Kazakhstan", CESifo Working Paper No. 2832, October 2009 (download: www.SSRN.com and www.RePEc.org as well as www.CESifo-group.org/wp)
Gronwald Marc, Johannes Mayr, Sultan Orazbayev, "Estimating the Effects of Oil Price Shocks on the Kazakh Economy", ifo Working Paper No. 81, October 2009 (download via www.ifo.de)
Röhn Oliver, Sultan Orazbayev, Aslan Sarinzhipov, "An Institutional Risk Analysis of the Kazakh Economy", ifo Working Paper No. 70, May 2009 (download via www.ifo.de)
Podlich, Natalia, Didar Illyasov, Elena Tsoy, Shynar Shaikh, "The Methodology of Stress Tests for the Kazakh Banking System", ifo Working Paper No. 85, April 2010 (download via www.ifo.de)