Session: Towards a New Growth Model

25 May, 09:30am - 01:00pm 

Today, a number of Central Asian and Caucasus countries have faced challenges of slowing economic growth of major trading partners, falling commodity prices and the volatility of the exchange rate in terms of US dollar strengthening. In this situation, commodity exporters, including Kazakhstan are the most disadvantaged. The session will cover discussion of difficult macroeconomic situation in the region and exchange rate regulation, and policies used for the interim and long-term impediments to implementing fiscal and monetary policy. The role of structural reform in raising growth potential and accelerate economic development will be defined.

Session speakers:

Mr. Bakytzhan Sagintayev, First Deputy Prime Minister of Kazakhstan
Mr. Jeffrey Sachs, Director, The Earth Institute, Columbia University
Mr. Erik Berglof, Director of the Institute of Global Affairs (IGA), London School of Economics and Political Science
Mrs. Tamara Duyssenova, Minister of Health and Social Development of the Republic of Kazakhstan
Mr. Juha Kahkonen, Deputy Director, Middle East and Central Asia Department, IMF
Mr. Antonio Somma, Head of the Eurasia Competitiveness Programme, OECD
Mr. Aset Irgaliyev, Chairman of the Board of JSC “Economic Research Institute”
Mr. Norbert Funke, Director, Joint Vienna Institute (JVI)


Ministry of National Economy
​of the Republic of Kazakhstan