Azimzhan Khitakhunov
Senior Research fellow
Azimzhan Khitakhunov is a research fellow at the Eurasian Research Institute. He has received his bachelor, master and Ph.D. degrees from Al-Farabi Kazakh National University (Ph.D. degree was completed in cooperation with the Johns Hopkins University, School of Advanced International Studies, Bologna, Italy). Currently, he is a senior lecturer at Al-Farabi Kazakh National University, Higher School of Economics and Business, Economics Department, where he teaches macroeconomics related disciplines. His research experience includes participation as a research fellow in the government financed f
Staff's Publications
November 5, 2020
Central Asian economies highly depend on revenues from mineral resources and migrant remittances. This fact is a major disadvantage, which regional governments try to address. However, many programs of industrialization insignificantly contributed to economic diversification. As a result, following the oil shock that coincided with the Ukrainian crisis, the region […]
October 25, 2020
After decades of isolationism and resistance to openness, Uzbekistan revised its economic policy under new president Shavkat Mirziyoyev since 2017. The new government implemented comprehensive reforms, in particular unified the exchange rate and liberalized the foreign exchange market, began price and trade liberalization, and made significant cuts to tax rates […]
October 25, 2020
Agriculture remains one of the strategically important sectors of the world economy. It provides food security and many raw materials for other related industries and manufacturing. In middle and low-income countries employment in agriculture remains high, while in advanced economies it is insignificant. However, differences in productivity between these two […]
October 25, 2020
Members of the Eurasian Economic Union (EAEU) has recently experienced economic slowdown and recession due to external shocks such as pandemic and drop in oil prices. Price wars on the global oil market mainly between Russia and Saudi Arabia and pandemic induced demand shock led to the first negative oil […]
October 24, 2020
Innovation development is a priority policy in all member countries of the Eurasian Economic Union (EAEU). The EAEU members often host different international conferences, business forums and other events devoted to the popularization of innovations and new technologies. Countries implement programs and special policies, supported by experts of international development […]
October 24, 2020
Globalization significantly affected international trade through the global supply chains. Multinational corporations from advanced economies started to produce goods in different developing countries through offshoring of manufacturing and were interested in global market liberalization. Many studies show that this pattern of trade leads to lower consumer prices, higher investment from […]
October 24, 2020
The United States (US) under President Donald Trump revised its foreign economic policy. Since 2018, the United States started its protectionist policy towards its biggest trade partner China. According to the International Trade Center data (ITC, 2020) in 2018, the bilateral trade between these countries equaled $683 billion, of which […]
October 24, 2020
Economics of transition period remains one of the frequently discussed issues among the academics of Europe and the United States. They organize conferences, devote special issues in well-known peer-reviewed journals, and form research institutes in order to understand the features of transition and to learn its basic lessons. In the […]
October 24, 2020
International trade has been and remains one of the most important factors impacting on the basic growth indicators. Many studies show that relations between trade and economic growth are positive and strong. Frankel and Romer (1999) indicate that both within-country and international trade raise income by accumulation of physical and […]
October 24, 2020
Links between population and economic growth and development have been and remain one of the most discussed issues in economic theory as changes in population affect basic growth indicators. Usually, this debate starts with T. Malthus’ famous prediction that population growth can lead to famine. Simple exogenous models of economic […]