Should Kazakhstan join a monetary union?

dc.contributor.authorZhukenov, Ilyas
dc.date.accessioned2017-06-22T06:06:03Z
dc.date.available2017-06-22T06:06:03Z
dc.date.issued2016
dc.description.abstractIn order to answer whether Kazakhstan should or should not join a monetary union, this project gauges the practical ideal type of a monetary union that brings a fair, stable and prosperous exchange rate arrangement. In doing so, it reveals common criteria of such union via careful literature review. Then it compares Kazakhstan‟s current state against these practical criteria using necessary research methods. The evidence suggests that a monetary union within the EAEU is considerably far from its practical ideal type, as most of the revealed criteria are not fully satisfied. Thus, a monetary union within the EAEU would not be feasible for Kazakhstan. Nevertheless, a monetary union between Kazakhstan and Russia might become feasible, but not necessarily beneficial for Kazakhstan in the long-term perspective. These countries might actually experience endogenous real convergence if necessary institutional reforms were made in both countries, thereby increasing the sustainability of a fixed exchange rate arrangement between them.ru_RU
dc.identifier.citationZhukenov, Ilyas (2016) Should Kazakhstan join a monetary union? Nazarbayev University, Graduate School of Public Policy.ru_RU
dc.identifier.urihttp://nur.nu.edu.kz/handle/123456789/2404
dc.language.isoenru_RU
dc.publisherNazarbayev University Graduate School of Public Policyru_RU
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/us/*
dc.subjectmonetary unionru_RU
dc.subjectKazakhstanru_RU
dc.titleShould Kazakhstan join a monetary union?ru_RU
dc.typeMaster's thesisru_RU

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