An applied research center that helps people navigate a changing economy. We analyze what is happening, understand how technology is changing it, and help prepare for the future.
We do not simply offer services. We solve real problems faced by the state, business, and civil society in conditions of uncertainty.
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A candid conversation about other people’s forecasts and your own actions. Key takeaways. Watch the full version on Rahim Oshakbaev’s channel.
Digital tenge will be used to pay for at least 100 large projects in Kazakhstan. We are talking about projects funded from the budget and the National Fund. This became known during a government meeting. Experts admit that, on the one hand, such a currency will help control government spending. On the other hand, there are risks of data leakage. When are they planning to fully implement the currency? And how much do we need it?
The exchange rate of the Kazakh currency is staggering under the pressure of the budget, vacations and emotions. The National Bank intervenes pointwise, but the market is already living up to expectations of a dollar appreciation.
"When developing laws and various rules, financial and industrial groups and large businesses have a great influence on decision-making. This is typical for almost all countries, including developed ones. But when this happens behind the scenes, in conditions of complete legal instability, a wide field for corruption is created. In the civilized world, politics is not formed behind closed doors," Kassym-Jomart Tokayev said last spring, speaking to deputies.
A regular meeting of the economic club was held at the site of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan, where the draft National Development Plan "Kazakhstan-2029", developed by the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan (ASPIR), was discussed. The Agency has done a lot of work on the formation of this strategy, however, experts expressed interest in reviewing and finalizing it.
The sociological service of the TALAP Center conducted a unique study on the health of Kazakhstani people.
The effective closure of the Strait of Hormuz became the largest oil supply disruption in history. But the global market did not go into an uncontrolled price spiral. The shock was sharp, but shorter than the most severe forecasts had anticipated. This is a story not only about oil, but also about which forecasting methods work better under conditions of war, physical supply shortage, and high uncertainty.
Everyone was watching oil, food, and aviation kerosene. But the most durable consequences of the war manifested themselves in other sectors: fertilizers, petrochemicals, aluminum, insurance, and ocean freight. This is a story about why the loudest fears do not always turn out to be the main impact.
The Gulf War passed by Kazakhstan’s export route — but not by its economy. The real blow came not through Hormuz, but through the Black Sea, the CPC, Tengiz, and the limited capacity of alternative routes. This is the story of a country for which a high oil price proved weaker than an infrastructure disruption.
