SUSTAINABILITY OF NATIONAL FUND OF REPUBLIC OF KAZAKHSTAN

dc.contributor.authorSandybekova, Nurzhamal
dc.contributor.authorIbentayeva, Assel
dc.contributor.authorTleuov, Nurken
dc.date.accessioned2024-06-12T11:27:42Z
dc.date.available2024-06-12T11:27:42Z
dc.date.issued2022-11-20
dc.description.abstractThe active development of markets worldwide, globalization processes, resource curse, and permanent instability have led to the emergence of new financial institutions with the ability to exert a stabilizing influence on the global economy. For this purpose, sovereign wealth funds (hereinafter - SWF) were created. Recently, approximately 70 SWFs are operating worldwide. The creation and assets of sovereign funds have an impact on the external and internal balance of the national economy. The major principle was to establish the fund, which would become a «fund for future generations». Mostly, the income to the funds is tied to the commodity sector. However, with the advent of the «green economy», some of the funds adapt, diversify their investments and become non-commodity. However, there is a trend of renewable energy sources around the world. To what extent SWFs are resilient? Since Kazakhstan is at the top of the list of countries, producing oil and gas, the National Fund of Kazakhstan (hereinafter - NF) mostly depends on the commodity sector. In recent years, special attention has been paid to the activities of the NF. Especially after the Address of the Head of State Mr. Kassym-Zhomart Tokayev in September 2022, when it was announced the launch of the «National Fund for Children» program, this topic becomes relevant. Meanwhile, it is also often mentioned that the funds of the NF are excessively and inexpediently spent. The aim of this research is to analyze and identify the factors and problems which affect on sustainability and viability of our NF. Moreover, a research study in this field contributes to increasing NF’s revenues for future generations. The research methods will suggest identifying problems with transparency, governance, and profitability of NF to demonstrate sustainability and viability.en_US
dc.identifier.citationSandybekova, N. Ibentayeva, A. Tleuov, N. (2024). Sustainability of National Fund of Republic of Kazakhstan. Nazarbayev University Graduate School of Public Policyen_US
dc.identifier.urihttp://nur.nu.edu.kz/handle/123456789/7838
dc.language.isoenen_US
dc.publisherNazarbayev University Graduate School of Public Policyen_US
dc.rightsCC0 1.0 Universal*
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/*
dc.subjectType of access: Open Accessen_US
dc.subjectSovereign wealth fundsen_US
dc.subjectNational Fund of Kazakhstanen_US
dc.subjectsustainabilityen_US
dc.titleSUSTAINABILITY OF NATIONAL FUND OF REPUBLIC OF KAZAKHSTANen_US
dc.typeMaster's thesisen_US
workflow.import.sourcescience

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