Kazakstan 1993 – 2000

Preface by O. Jandosov and Sh. Ertlesova.- Introduction: The Project Response to Real Needs; Kazakstan Before the Currency Reform (August 1995).- How to Tame Hyperinflation?: A Stabilization Program for Kazakstan: Capitalizing on the Opportunities of a New Currency (December 1993); Stabilization of the Tenge: Measures for 1994 (February 1994); Stabilization of Prices in the Second Half of 1994 (August 1994); Continuing Stabilization, Introducing Growth (September 1994).- Economic Crisis and Controversy with the IMF: Key Issues (March 1995); Learning from Mistakes (April 1995); Overcoming the Deadlock between Macroeconomic and Microeconomic Policy in Kazakstan (August 1995); Kazakstan between Stability and Growth (February 1996); The Economic Situation and General Economic Policy in Kazakstan at the Start of 1997 (February 1997); Annex: How the CIS-3 Achieved Macroeconomic Stabilization (April 1996).- Fiscal Policy and Natural Resources: Financing Public Expenditures (August 1996); Basic Principles for Government Borrowing Policy (November 1996); Much Ado About... Little? Disenchantment in the Kazak and Caspian Oil and Gas Sectors (September 1998); Annex: The Public Sector in Transition Economies: Developments in Kazakstan (September 1996); Export Performance of the Economy of Kazakstan (February 1998).- Inter-enterprise Arrears and Pension Reform: A Proposal for Solving the Problem of Inter-enterprise Debt (December 1996); A Concrete Program for Eliminating Inter-enterprise Debt (March 1997); Problems of a Funded System for Pensions in Kazakstan (June 1997); The Demonetized Economy: Causes and Solutions (November 1999); The State of Kazakstan's Pension Reform (November 1999); Annex: Are Funded Pensions Better than a Pay-As-You-Go System? - A Critical View on Kazakstan's Pension Reform (November 1997).- Kazakstan and the Asian Crisis: In the Shadow of the Asian Crisis and the Devaluation of the Rouble (August 1998); Kazakstan's Policy Options in Face of the Russian Crisis (February 1999); Currency and Budgetary Policy after the Devaluation of the Tenge (July 1999); Annex: Crawling Peg: An Optimal Strategy for Kazakstan? (March 2000); Conclusion; Chronology of Events (1993 - 2000); List of Authors.