The Economic Research Institute was funded by Government of Kazakh SSR decree in May 1961 according to the state plan of Kazakh SSR. Ministry of Economic Development and Trade of the Republic of Kazakhstan is a sole shareholder. The Institute has 7 research centers which major areas of research are: macroeconomic analysis and forecast, applied economical and mathematical research, economic research expertise, strategic elaboration and economic research, performance evaluation of public bodies’ activities, entrepreneurship development and regional policy.

1. The role of the Economic Research Institute
in socio-economic development of Kazakhstan

2. KEY HIGHLIGHTS
Kazakhstan: Country Overview
GDP per capita:
 US$ 12 000
GDP growth:
 5% in 2012 and projected 6% in 2013
Currency:
 Tenge, KZT (US$1 ≈ KZT147)
Sovereign Credit Ratings:
 Standard & Poor’s ― BBB+/Stable (achieved rating
upgrade in November 2013)
 Moody’s ― Baa2/Stable
 Fitch ― BBB+/Stable
2
Area:
 2.7 million square km (1.1 million square miles)
 9th biggest country in the world
Capital:
 Astana
Population:
 16.9 million people at 01 March 2013
Language:
 Kazakh is the official language, Russian is of
inter-ethnic communication
Key ethnic groups:
 Kazakh (63.1%), Russian (23.7%)
 Stable political and
macroeconomic environment:
GDP grew from 11 billion U.S. dollars
in 1993 to 203 billion U.S. dollars by
the end of 2012.
 Competitive geographic
location:
Located at a unique cross-roads
between Europe, three BRIC
countries (Russia, India, China) and
the Middle East KEY MACRO STATISTICS

3. 2009
2010
2011
2013
2014
2017
Congress of World Religions(since 2003 every 3 year)
OSCE Summit in Astana
Organization of Islamic Cooperation
Astana Economic Forum (since 2007, every year)
47th Annual Meeting Board of Governors ADB
EXPO 2017
2008
Eurasian Media Forum (since 2002 every year)
7th Winter Asian Games
The 7th World Islamic Economic Forum
World Anti-Crisis Conference
Major Hosting Events
Annual Meeting Board of Governors EBRD
WORLD WINTER UNIVERSIADE ALMATY 2017

4. 120
87
48
49
29
15
2
1
0 50 100 150
Russia
Italy
Slovak Republic
Kazakhstan
France
Australia
Hong Kong
Singapore
KAZAKHSTAN GLOBALLY
Ease of Doing Business:
47/183
Global Competitiveness:
51/144
Source: Global Competitiveness Report 2012-13, WEFSource: Doing Business 2012, WB
100
73
67
51
43
29
7
1
0 50 100 150
Tajikistan
Ukraine
Russia
Kazakhstan
Turkey
China
United States
Switzerland
Legatum Prosperity Index:
46/142
Source: Legatum Prosperity Index Report 2012
89
86
66
46
21
14
12
1
0 20 40 60 80 100
Turkey
Tajikistan
Russia
Kazakhstan
France
Germany
United States
Norway

5. Investments
6
FDI IN KAZAKHSTAN, million US$ TOP 10 INVESTORS IN KAZAKHSTAN, 2006 – 2012
Sources: the National Bank of Kazakhstan, the Agency on Statistics
Total FDI inflows US$ billion
Total, US$ bn
Netherlands 43,1
USA 25,3
UK 11,7
France 10
China 7,8
Russia 6,4
Switzerland 6,3
Italy 5,8
Canada 5,5
Japan 4,4
 According to the World
Bank, Kazakhstan is among the top
twenty the most attractive countries
in the world for investment .
 Since its independence, Kazakhstan
has attracted over US$ 160 billion in
FDI, half of which has been invested
during the last three years.
 Destination to 80% of total FDI per
capita to the countries of Central
Asia.
 The largest investors to
Kazakhstan’s economy are the
Netherlands, USA, UK, France and
China.
 The volume of investment in fixed
assets consisted of about 36 billion
dollars in 2012. Annual investment
per capita is amounted to 2.2
thousand U.S. dollars.
KEY HIGHLIGHTS
2,781
4,557 4,106 4,624
8,317
6,619
10,624
18,453
19,760
19,017 19,059
21,056
22,469
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
INVESTMENT IN FIXED ASSETS
27,682.0
35,005.7
31,109.6 31,583.2
34,171.1 36,585.4
1,788.0
2,233.7
1,932.9 1,935.0
2,063.8
2,194.0
0
500
1000
1500
2000
2500
0
10000
20000
30000
40000
50000
60000
2007 2008 2009 2010 2011 2012
Инвестиции в основной капитал, млн. долл
Инвестиции в основной капитал на душу
населения, долл.
Investment in fixed assets, mln. US$
Investment in fixed assets per capita US$

6. STAGES OF DEVELOPMENT
Stages of
development
Reforms
Dynamic
growth
Economic
reforms
Industry development
Investment
1991 - 2000
State investment
Industrial Policy
Industrial
policy,
Industry zones
Competitiveness
2001 - 2010 2011 - 2020
Quality of production
and efficiency
Economy
Market
transformations
Priority sectors
Innovation policy
Scientific
Technological
Infrastructure,
techno parks
Economy
modernization,
human capital
Public-private
partnership
Foreign and state
investments
Creation of favorable
investment climate,
Clusters
Protection of internal
seсtors
Reference point on
basic researches,
Reform in Science
Technology transfer,
R&D
2021 - 2050
Innovation stage
Smart economy
Knowledge
economy
Private sector,
world finance
Innovation clusters,
International
cooperation
National innovation
system

7. 9 special economic zones are created - points of growth with special conditions for investment, technology parks, and
industrial zones.
REGIONAL BUSINESS HUB
• 0% Corporate Income Tax until 2020-2025 with
possibility for extension
• 0% for land and property tax until 2020-2025 with
possibility for extension
• VAT– 0% (for products consumed in SEZ) until
2020-2025 with possibility for extension
• Increase of marginal rate of depreciation for tax on
the production of software to 40%
• For SEZ “Innovation technopark” – social tax is
0% for 5 years, under certain conditions
• For SEZ “Innovation technopark”– depreciation
rate for software increased to 40 %
• Provision of free land in SEZ for a period of up to 10 years from registration time as SEZ resident
• Simplified procedure for the recruitment of foreign labor
SEZ «Burabay»
Development of Tourism
SEZ «Qaraghandy»
Development of chemistry and petrochemistry
SEZ «Pavlodar»
Development of Metallurgy
SEZ «Astana -- New city»
Development of capital’s administrative center
SEZ «Ontystik»
Development of Textile
SEZ «Khorgos»
Development of logistics
SEZ «Sea Port Aqtau»
Development of new sector
SEZ «PIT»
Development of IT
SEZ «Petrochemical park»
Development of petrochemical production
FISCAL INCENTIVES in SEZs
NON-FISCAL INCENTIVES

8. Gate to China, India
and South-East Asia
Gate to Russian and
European market • Strategic location between
European and Asian business
centers
• Main transit area in the region
• Surrounded by attractive
markets – China and Russia
• 3 out of 4 Eurasian rail
corridors go through Kazakhstan
Location features
NEW SILK WAY: Gateway between Europe and Asia
•The creation of modern transportation and logistic centers provide access to international markets and international
infrastructure integration.
•The construction of the international highway through the territory of Kazakhstan “Western Europe – Western China” is
due in completion in 2015.
•In the East “Khorgos-Eastern Gate” project is aimed at improving trade relations with the rapidly growing region of South-
East Asia and China.

9. Strategy “Kazakhstan-2050”
PROSPECTS OF KAZAKHSTAN
• To enter the club of TOP 30 developed countries of the world in 2050
• Social modernization on the principles of inclusive development, quality of life and
development of human capacity
• An innovation-oriented model of development based on the principles of "green
economy“
• Balanced internal regional development
• Active international collaboration and cooperation

10. MISSION
ECONOMIC RESEARCH INSTITUTE
PROMOTING ECONOMIC PROSPERITY AND IMPROVING KAZAKHSTAN'S
COMPETITIVENESS
Economic Research Institute was funded by Government of Kazakh SSR decree in May
1961 according to the state plan of Kazakh SSR
Ministry of Economic Development and Trade of the Republic of Kazakhstan is a sole
shareholder

11. STRUCTURE
ECONOMIC RESEARCH INSTITUTE
The Institute has 7 research centers focused on major areas of research
 Scientific and methodological support to the system of
public planning;
 Assessing the competitiveness level of Kazakhstan
economy by the methodology of International Institute for
Management Development.
 Analysis of impact and estimation of macroeconomic
effects of involving Kazakhstan into integration
processes.
 Influence of provisions of the bill on macroeconomic
performance;
 Influence of provisions of the bill on social development;
 Influence of provisions of bill on the development of
entrepreneurship;
 Influence of provisions of bill on competitiveness parameters
of sectors and economic security of the country.
 State support of private entrepreneurship in the
Republic of Kazakhstan;
 Analysis and estimation of industrial and
innovational policies and their impact on investment
climate.
 Elaboration of conceptual propositions on regional
policy.
CENTER FOR STRATEGIC ELABORATION AND
ECONOMIC RESEARCH
CENTER FOR ECONOMIC RESEARCH
EXPERTISE
CENTER OF MACROECONOMIC AND APPLIED
ECONOMICS - MATHEMATICAL RESEARCH
 Development and maintenance of economical and
mathematical models;
 Conducting applied calculations in the sector of
economics.
CENTER OF THE WORLD ECONOMY AND
INTEGRATION RESEARCH
CENTER FOR PERFORMANCE EVALUATION
OF PUBLIC BODIES’ ACTIVITIES
 Expert - analytical, methodological and organizational
support to the System for annual performance evaluation
of public bodies.
CENTER FOR ENTREPRENEURSHIP
DEVELOPMENT
CENTER FOR SOCIAL AND REGIONAL RESEARCH

12.  Founder of the "Eurasian Economic Club of Scientists“ Association
 Organizer of the Astana Economic Forum
 Member of the International Association of Regional Studies
 Member of 3 Committees UN European Economic Commission
 Member of the International School of Assessment
 The main partner for research in the framework of UNIDO United Nations (UN)
 Exclusive partner of the International Institute for Management Development (IMD)
 Partner of the Central Asian Regional Economic Cooperation (CAREC)
 Partner of the Economic Cooperation Organization (ECO)
 Official representative of the International Union of Economists of the Republic of
Kazakhstan
INTERNATIONAL COLLABORATION
INSTITUTE IS A PARTNER OF MORE THAN 80 ORGANIZATIONS OF THE WORLD
ECONOMIC RESEARCH INSTITUTE