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The Sovereign Wealth Fund Response
The International Forum of Sovereign Wealth Funds (IFSWF) is a voluntary organisation of sovereign wealth funds. It is committed to working together and strengthening its activities through dialogue, research and self-assessment. IFSWF was formed in 2009 by a group of state-owned international investors from around the world. The Forum’s aim is to maintain an open and stable investment climate by setting and following a set of principles and practices, known as the Santiago Principles, which address issues around institutional governance and risk management. Today, helping members implement the Santiago Principles remains the foundation of the IFSWF’s activity. IFSWF represents sovereign wealth funds from all corners of the globe, with a variety of mandates and at various stages of development. As a result, the Forum’s focus has evolved. In addition to encouraging ongoing commitment to the Santiago Principles, the Forum undertakes research, peer assistance and holds workshops and seminars to help members enhance their investment capabilities. MEMBERS Angola Australia Azerbaijan Fundo Soberano de Angola Future Fund State Oil Fund of the Republic of Azerbaijan Botswana Canada Chile The Pula Fund Alberta Heritage Savings Economic and Social Stabilization, Trust Fund and Pension Reserve Funds China Iran Ireland China Investment Corporation National Development Fund Ireland Strategic Investment of Iran Fund Italy Kazakhstan Kazakhstan CDP Equity SpA JSC Samruk-Kazyna JSC National Investment Corporation of the National Bank of Kazakhstan Korea -
President Addresses First Joint Session of New Kazakh Parliament
+5° / +1°C WEDNESDAY, MARCH 30, 2016 No 6 (96) www.astanatimes.com President Addresses First Exit Poll Says Nur Otan Joint Session of New Kazakh Wins Overwhelmingly as Parliament, Sets Priorities Mazhilis Retains Previous Makeup greens Birlik (Unity) grabbed mea- By Galiaskar Seitzhan ger 0.35 percent. This outcome is basically a virtual repetition of the ASTANA – President Nursultan previous parliamentary election in Nazarbayev-led Nur Otan Party January 2012, which ended with won 82 percent of the popular vote very similar results. in the parliamentary election in Turnout, however, proved strong- Kazakhstan, according to exit poll er this time setting a new record in results announced at midnight on the country’s electoral history and March 21. beating the result from four years The survey also showed the ruling ago when 75.45 percent of regis- party will be opposed by the same tered voters showed up at the polls. parties in the new convocation of Yulia Kuchinskaya, head of the President Nursultan Nazarbayev (at the speaking rostrum) addresses the first joint session of the Senate and the Mazhilis on March 25. the Mazhilis (the national legisla- Astana-based Institute of Democ- ture’s lower chamber) as it was the racy sociological survey company pro-business Ak zhol Democratic According to Kazakhstan’s Cen- niversary of independence with Nazarbayev recalled that the omy of Kazakhstan. Various social Party and leftist Communist Peo- tral Election Commission Chair- By Malika orazgaliyeva the newly elected parliament. 25th anniversary of Kazakhstan’s problems grow even in relatively ple’s Party again barely crossed the man (CEC) Kuandyk Turgankulov, Three parties and nine members independence coincided with a prosperous countries, he noted. -
Welfare Reforms in Post-Soviet States: a Comparison
WELFARE REFORMS IN POST-SOVIET STATES: A COMPARISON OF SOCIAL BENEFITS REFORM IN RUSSIA AND KAZAKHSTAN by ELENA MALTSEVA A thesis submitted in conformity with the requirements for the Degree of Doctor of Philosophy Graduate Department of Political Science University of Toronto © Copyright by Elena Maltseva (2012) Welfare Reforms in Post-Soviet States: A Comparison of Social Benefits Reform in Russia and Kazakhstan Elena Maltseva Doctor of Philosophy Political Science University of Toronto (2012) Abstract: Concerned with the question of why governments display varying degrees of success in implementing social reforms, (judged by their ability to arrive at coherent policy outcomes), my dissertation aims to identify the most important factors responsible for the stagnation of social benefits reform in Russia, as opposed to its successful implementation in Kazakhstan. Given their comparable Soviet political and economic characteristics in the immediate aftermath of Communism’s disintegration, why did the implementation of social benefits reform succeed in Kazakhstan, but largely fail in Russia? I argue that although several political and institutional factors did, to a certain degree, influence the course of social benefits reform in these two countries, their success or failure was ultimately determined by the capacity of key state actors to frame the problem and form an effective policy coalition that could further the reform agenda despite various political and institutional obstacles and socioeconomic challenges. In the case of Kazakhstan, the successful implementation of the social benefits reform was a result of a bold and skillful endeavour by Kazakhstani authorities, who used the existing conditions to justify the reform initiative and achieve the reform’s original objectives. -
Geopolitical Rivalry, Terrorism Among Threats Facing Eurasia, Nazarbayev
-2° / -3°C WEDNESDAY, NOVEMBER 21, 2018 No 22 (160) www.astanatimes.com Geopolitical rivalry, terrorism President opens AIX’s among threats facing Eurasia, first trading session Nazarbayev tells Astana Club See story on Page A4. GDP grows 4.1 percent not witnessed such a confrontation Economic contradictions, in Nazarbayev said some parts of By Assel Satubaldina in 10 months of 2018 for quite a long time. The so-called what is known as trade wars, are the Greater Eurasia may turn into post-bipolar world order becomes on the rise with an increasing the scene of large-scale military solid growth with an eight-month ASTANA – Astana Club, a a thing of the past. We witness the threat posed to global economies. confrontation and the Middle East, By Zhanna Shayakhmetova increase of 21.6 percent. Exports platform to debate public issues formation of Greater Eurasia,” “One of such wars is unfolding where instability is caused by the increased by 28.2 percent due to based on Chatham House rules, said Nazarbayev. between the U.S. and China, to- Syrian crisis, political tensions in ASTANA – Kazakhstan’s gross the increased supply of oil and kicked off its fourth annual meet- Escalating the geopolitical ri- gether accounting for the third of Iraq, civil war in Libya and inter- domestic product (GDP) grew 4.1 natural gas, agricultural products, ing Nov. 12. The meeting focused valry between China, Russia and the world’s economy, 20 percent nal challenges, is among such re- percent in a ten-month period, re- aluminium and copper ores. -
Kazakhstan and Eurasian Economic Integration: Quick Start, Mixed Results and Uncertain Future
Kazakhstan and Eurasian Economic Integration: Quick Start, Mixed Results and Uncertain Future Nargis Kassenova November 2012 L'Ifri est, en France, le principal centre indépendant de recherche, d'information et de débat sur les grandes questions internationales. Créé en 1979 par Thierry de Montbrial, l'Ifri est une association reconnue d'utilité publique (loi de 1901). Il n'est soumis à aucune tutelle administrative, définit librement ses activités et publie régulièrement ses travaux. Avec son antenne de Bruxelles (Ifri-Bruxelles), l'Ifri s'impose comme un des rares think tanks français à se positionner au cœur même du débat européen. L'Ifri associe, au travers de ses études et de ses débats, dans une démarche interdisciplinaire, décideurs politiques et économiques, chercheurs et experts à l'échelle internationale. Les opinions exprimées dans ce texte n’engagent que la responsabilité de l’auteur. Centre Russie/NEI © Droits exclusivement réservés – Ifri – Paris, 2012 ISBN : 978-2-36567-101-9 IFRI IFRI-Bruxelles 27 RUE DE LA PROCESSION RUE MARIE-THERESE, 21 75740 PARIS CEDEX 15 – FRANCE 1000 BRUXELLES TEL. : 33 (0)1 40 61 60 00 TEL. : 32(2) 238 51 10 FAX : 33 (0)1 40 61 60 60 FAX : 32 (2) 238 51 15 E-MAIL : [email protected] E-MAIL : [email protected] SITE INTERNET : www.ifri.org N. Kassenova / Kazakhstan and CU Author Nargis Kassenova is Associate Professor at the Department of International Relations and Regional Studies of KIMEP University (Kazakhstan) and Director of the KIMEP Central Asian Studies Center (CASC). Since 2008 she has been a member of the Expert/Advisory Group of the EU Central Asia Monitoring (EUCAM) project launched to monitor the implementation of the EU Strategy for Central Asia adopted in 2007. -
Economic Newsletter on Kazakhstan | March 2017
Economic Newsletter on Kazakhstan | March 2017 CONTENTS MACRO‐ECONOMICS & FINANCE ..................................................................................... 2 ENERGY & NATURAL RESOURCES ..................................................................................... 8 TRANSPORT & COMMUNICATIONS ................................................................................ 11 AGRICULTURE ................................................................................................................. 12 EXHIBITIONS IN KAZAKHSTAN (April ‐ May 2017) .......................................................... 18 CONTACTS ...................................................................................................................... 22 The Economic Section of the Embassy of the Kingdom of the Netherlands in Kazakhstan intends to distribute this newsletter as widely as possible among Dutch institutions, companies and persons from the Netherlands. The newsletter summarises economic news from various Kazakhstani and foreign publications and aims to provide accurate information. However, the Embassy cannot be held responsible for any mistakes or omissions in the bulletin. ECONOMIC NEWSLETTER, March 2017 Embassy of the Kingdom of the Netherlands MACRO‐ECONOMICS & FINANCE Kazakhstan: macroeconomic forecasts 2013‐2019 The Emerging Europe Monitor, which is part of BMI Research, has recently published the macroeconomic projections for Kazakhstan for the period 2013‐2019. Macroeconomic Forecasts (Kazakhstan 2013‐2019) Indicator -
Fifth Congress of Religious Leaders Calls to End Distrust, Strengthen
+30 / +15°C WEDNESDAY, JUNE 24, 2015 No 12 (78) www.astanatimes.com Kazakhstan Fifth Congress of Religious Leaders Calls Finalises to End Distrust, Strengthen Dialogue Terms for Accession to WTO By Dmitry Lee ASTANA – After nearly 20 years of negotiations, Kazakhstan finalised on June 10 terms for the country to accede to the World Trade Organisation (WTO). “I congratulate WTO members and the government of the Republic of Kazakhstan on the historic step taken today to conclude the acces- sion negotiations of Kazakhstan and finalise its WTO accession package. I look forward to welcoming Ka- zakhstan to the WTO,” said WTO Director General Roberto Azevêdo following the meeting with the Working Party on Kazakhstan’s President Nursultan Nazarbayev (C) with participants in the Congress of Leaders of World and Traditional Religions in Astana. accession, during which the terms were reached, according to infor- By Michelle Witte law,” and for “media owners and Sauli Niinistö and King Abdullah In opening the congress, Presi- event opened. “We have shown the mation released by the organisation. publishers to cease using their me- II of Jordan, who addressed the dent Nazarbayev called inclusive world that the fatal inevitability of President Nursultan Nazarbayev ASTANA – The fifth Congress dia outlets, including web-based opening and the closing plenary dialogue crucial to progress. “[Di- conflict of religions and cultures spoke to the people of Kazakhstan of Leaders of World and Tradi- ones, as a tool to incite religious sessions of the congress. alogue] should be based on the does not exist in our society,” the in a televised address in connec- tional Religions in Astana com- and sectarian divisions, reminding The theme of the congress was principles of equality, mutual re- President said. -
Annual Report 2017. Baiterek National Managing Holding JSC
FULFILLING THE EXPECTATIONS ANNUAL REPORT 2 017 BAITEREK NATIONAL MANAGING HOLDING JSC ABOUT THE REPORT Baiterek National Managing Holding JSC (hereinafter Goals (hereinafter referred to as the SDG), adopted by the referred to as Baiterek NMH JSC) realizes the significance UN in 2015 within the framework of the “Transforming our of its economic and social activities and strives to provide World: The 2030 Agenda for Sustainable Development” the high level of transparency for internal and external document. stakeholders. Starting from 2013, the Holding discloses This report reflects the results of the Holding’s activity from the results of its activities in annual reports provided on January 1, 2017 till December 31, 2017. The annual report of the corporate website: https://www.baiterek.gov.kz/en/ Baiterek NMH JSC for 2016 was published in July 2017. resources?field_resource_type_target_id=96. The 2017 annual report of Baiterek NMH JSC DEFINING THE CONTENT OF THE REPORT (hereinafter referred to as the Report) is the first Report prepared in accordance with the international standards In order to outline the content of this Report, the of information disclosure and contains the information materiality of disclosed issues was evaluated. Preliminary on the Holding’s activities in the field of sustainable list of the Holding’s material issues was prepared based on development. Recommendations of the Global Reporting the analysis of the best practice of information disclosure Initiative Standards in the field of sustainable development applied by the international peer companies as well as the (GRI Standards, the “main” disclosure option), provisions analysis of the Holding’s key events in the reporting period of the Holding’s Corporate Governance Code as well as and the provisions of internal documents. -
The Formal Political System in Azerbaijan and Kazakhstan
Forschungsstelle Osteuropa Bremen Arbeitspapiere und Materialien No. 107 – March 2010 The Formal Political System in Azerbaijan and Kazakhstan. A Background Study By Andreas Heinrich Forschungsstelle Osteuropa an der Universität Bremen Klagenfurter Straße 3, 28359 Bremen, Germany phone +49 421 218-69601, fax +49 421 218-69607 http://www.forschungsstelle.uni-bremen.de Arbeitspapiere und Materialien – Forschungsstelle Osteuropa, Bremen No. 107: Andreas Heinrich The Formal Political System in Azerbaijan and Kazakhstan. A Background Study March 2010 ISSN: 1616-7384 About the author: Andreas Heinrich is a researcher at the Research Centre for East European Studies at the University of Bremen. This working paper has been produced within the research project ‘The Energy Sector and the Political Stability of Regimes in the Caspian Area: A Comparison of Kazakhstan and Azerbaijan’, which is being conducted by the Research Centre for East European Studies at the University of Bremen from April 2009 until April 2011 with financial support from the Volkswagen Foundation. Language editing: Hilary Abuhove Style editing: Judith Janiszewski Layout: Matthias Neumann Cover based on a work of art by Nicholas Bodde Opinions expressed in publications of the Research Centre for East European Studies are solely those of the authors. This publication may not be reprinted or otherwise reproduced—entirely or in part—without prior consent of the Research Centre for East European Studies or without giving credit to author and source. © 2010 by Forschungsstelle Osteuropa, Bremen Forschungsstelle Osteuropa Publikationsreferat Klagenfurter Str. 3 28359 Bremen – Germany phone: +49 421 218-69601 fax: +49 421 218-69607 e-mail: [email protected] internet: http://www.forschungsstelle.uni-bremen.de Contents List of Tables ................................................................................................................................5 1. -
BTI 2014 | Kazakhstan Country Report
BTI 2014 | Kazakhstan Country Report Status Index 1-10 5.05 # 81 of 129 Political Transformation 1-10 3.85 # 102 of 129 Economic Transformation 1-10 6.25 # 47 of 129 Management Index 1-10 4.67 # 74 of 129 scale score rank trend This report is part of the Bertelsmann Stiftung’s Transformation Index (BTI) 2014. It covers the period from 31 January 2011 to 31 January 2013. The BTI assesses the transformation toward democracy and a market economy as well as the quality of political management in 129 countries. More on the BTI at http://www.bti-project.org. Please cite as follows: Bertelsmann Stiftung, BTI 2014 — Kazakhstan Country Report. Gütersloh: Bertelsmann Stiftung, 2014. This work is licensed under a Creative Commons Attribution 4.0 International License. BTI 2014 | Kazakhstan 2 Key Indicators Population M 16.8 HDI 0.754 GDP p.c. $ 13916.6 Pop. growth1 % p.a. 1.4 HDI rank of 187 69 Gini Index 29.0 Life expectancy years 68.9 UN Education Index 0.839 Poverty3 % 1.1 Urban population % 53.5 Gender inequality2 0.312 Aid per capita $ 3.1 Sources: The World Bank, World Development Indicators 2013 | UNDP, Human Development Report 2013. Footnotes: (1) Average annual growth rate. (2) Gender Inequality Index (GII). (3) Percentage of population living on less than $2 a day. Executive Summary At the close of Kazakhstan’s chairmanship of the Organization for Security and Cooperation in Europe (OSCE), 2011 began on a note of optimism. However, by the end of the year, 2011 would be called “one of the hardest and most tragic” in the 20 years of Kazakhstani independence. -
Updated Program Is Placed on the Website MAY
Draft on 23.02.2014 DRAFT PROGRAM OF THE VII ASTANA ECONOMIC FORUM May 21-23, 2014 Astana, Palace of Independence Updated program is placed on the website www.astanaforum.org MAY 21 – WEDNESDAY 19-23 May, 2nd INTERNATIONAL EXHIBITION AND CONFERENCE 09:00-15:00 “ASTEX 2014” KazMediaCenter, 4 Kunaeva str., Organizers: Ministry of transport and communications of the Republic of Kazakhstan, “Zerde” National Infocommunications Holding , ICT Development Fund Corporate Fund Key issues: Best practices in the industry; e-Commerce and Logistics; e-Government; The development of ICT industry in B2C and B2B areas; Prospective technologies; Big Data; Mobile Technology; Social Technology and Smart Environment; Risk-related investments in ICT – in cooperation with Astana Economic; Forum (AEF) Venture Capital and Business Angels; Government Programs; Public Private Partnership Moderator: Maxim KAZAK, Editor in “Chief of Cnews” journal and internet portal on high technologies 1 Speakers: Minister of Transport and Communications of RoK; CEO of Newegg; Executive from Yahoo; Executive form Mail.ru; Executive from Yandex; Executive from Expedia.com; Executive from Microsoft; Executive from HP; Executive from Rustic Canyon Partners; Executive from GSA Savvian Audience: 1500 participants 09:30-19:00 INTERNATIONAL FORUM “ ANTICOUNTERFEIT ” Ceremonial Hall, Palace of Independence, 1 floor Organizer: Ministry of justice of the Republic of Kazakhstan SESSION 1. ISSUES ON LEGISLATIVE HARMONIZATION ON THE PROTECTION AND ENFORCEMENT OF INTELLECTUAL PROPERTY RIGHTS -
Kazakh President Addresses Global Issues in Astana Club Speech AIFC, Green Tech Centre and IT Start-Up Hub to Begin Operating
0° / -6°C WEDNESDAY, NOVEMBER 22, 2017 No 22 (136) www.astanatimes.com Kazakh President addresses global Nazarbayev, Putin discuss issues in Astana Club speech developing human capital at interregional forum “Experts forecast that by 2030, By Aigerim Seisembayeva about 60 professions in various spheres will vanish, and more than ASTANA – A number of inter- 180 new ones will emerge. Accord- state, intergovernmental, regional ing to the Human Development and commercial documents were Report, in the next five years, more signed Nov. 9 at the 14th Forum of than a third of knowledge and skills Interregional Cooperation between necessary for work will change. Kazakhstan and Russia in Chely- This is a serious challenge, and its abinsk. Visiting Kazakh President solution should become one of our Nursultan Nazarbayev and his cooperation’s top priorities,” he Russian counterpart Vladimir Pu- said, adding that it is important to tin also signed a joint statement develop human capital in educa- devoted to the 25th anniversary of tion, health and social protection. diplomatic relations between the “To date, more than 30 Ka- two states (Oct. 22, 1992). zakh universities conduct joint “Our interregional cooperation is scientific research with Russian the basis of economic interaction, universities. I propose to create President Nursultan Nazarbayev (C) speaks to the politicians and experts in Astana on Nov. 13, flanked by Parliament Senate Chairman Kassym-Jomart Tokayev (L) and Institute of World Economy and Politics Director Yerzhan Saltybayev. which, despite all the difficulties, is Kazakh-Russian scientific con- growing. In the past nine months, our sortiums in promising areas, such trade turnover grew 31 percent.