Boosting Productivity in Kazakhstan with Micro-Level Tools : Analysis and Policy Lessons / Mariana Iootty, Asset Bizhan, Paulo Correa.

Format:

Book

Author/Creator:

Iootty, Mariana, author.

Bizhan, Asset, author.

Correa, Paulo, author.

Series:

International development in focus.

International development in focus

Language:

English

Subjects (All):

Industrial productivity--Kazakhstan.

Industrial productivity.

Physical Description:

1 online resource (82 pages).

Other Title:

Boosting Productivity in Kazakhstan with Micro-Level Tools

Place of Publication:

Washington DC : World Bank, 2023.

Summary:

Like many other countries, Kazakhstan's economic growth has slowed since the 2007-09 global financial crisis. Although the slowdown reflected weaknesses in expanding labor and capital, the most striking reduction has been in productivity growth. In more recent years, total factor productivity growth has started to bounce back, albeit at a modest pace, possibly driven by the recovery in commodity prices. Although slower expansion in productivity has been a global phenomenon, Kazakhstan's subdued productivity performance for a decade reflects more structural problems. Against this backdrop, Boosting Productivity in Kazakhstan with Micro-Level Tools: Analysis and Policy Lessons examines barriers and policy gaps that hinder productivity growth in Kazakhstan. The detailed analysis is uniquely based on first-time access to administrative firm-level data; the data for the period of 2009-18 covered 70,000 business establishments annually, corresponding to total employment of 1.6 million people. The unprecedented access to firm-level data deepened the understanding of the microeconomic dynamics and drivers of aggregate productivity growth and enabled identification of a wide-ranging set of policy recommendations to boost aggregate productivity growth.

Notes:

Description based on publisher supplied metadata and other sources.

Publisher Number:

10.1596/978-1-4648-1910-0