Adamdar news Kazakhstan

Open Economy Forum in Almaty

November 7, 2019

Almaty, Kazakhstan

What? The 2nd Open Economy Forum
Where? Intercontinental Hotel (Almaty, Kazakhstan)
When? November 8, 2019

International and local experts will discuss institutional reforms, human capital and its impact on inclusive economic development during the “Open Economy-2019” forum, which will be held in Almaty on the 8th of November 2019.

The Open Economy Forum is an interactive platform for discussing new approaches to inclusive, sustainable and long-term economic development in Kazakhstan. Both program and the spirit of the Forum will direct the efforts of all participants to discuss ways to achieve inclusive, sustainable and long-term economic development. The “Open Economy” forum was first held on November 9, 2017 in Astana with support of the Soros Foundation-Kazakhstan Fund.

The special guest of the “Open Economy” Forum is Mr. Sergey Guriev, Doctor of Science in Economics, professor at Sciences PO University (Paris, France), former chief economist of the European Bank for Reconstruction and Development. The expert will give a lecture on institutional quality and its impact on economic growth and inequality and will also take part in the panel discussion.

Sergey Guriev

The OEF-2019 will be attended by experts in the field of economics from 7 countries such as Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Ukraine – all these states have been going through the transition from a planned to a market economy. Building institutions that would support their further economic development is essential for each of these states.

International and Kazakhstani experts will discuss and observe the relationship between institutional reforms and sustainable economic development in Kazakhstan, reflect on the need for economic and political competition in Kazakhstan. They will give specific answers to the question of current interest: “How much does a Kazakhstani citizen need for his well-being and happiness?” - and will offer their vision on how to stop the brain drain from the country.

The OEF 2019 is organized by the Soros Foundation-Kazakhstan and the online project Ekonomist.kz

 “The state is now forced to respond and is responding to aggravated economic and social challenges. On the one hand, populist sentiments and a lack of expertise were exposed in this process. On the other hand, we were once again convinced that effective public administration is impossible without the fundamental principles of the rule of law, social justice, access to information, participation in governance, and the development of strong civil society institutions. Therefore, it is necessary to actualize the problems of vulnerable segments of the population, based on balanced and comprehensive expert discussions. That is why our Fund holds the “Open Economy” Forum for the second time,” says Aida Aydarkulova, Chairman of the Board of the Soros Foundation-Kazakhstan.

Aida Aydarkulova

“During the challenging period of political transition, the role of civic institutions and the impact of politics on the economy become especially noticeable. Such institutions for Kazakhstan are represented by inviolability of private property, independent courts and a free press. I am sure that the economic reforms necessary for Kazakhstan can become effective and useful for all its citizens only in the presence of strong and self-sufficient public institutions.” – said Kassymkhan Kapparov, founder of “Ekonomist.kz”.

Kassymkhan Kapparov

Registration and accreditation for the forum is available here.

Address: 
Intercontinental Hotel
181 Zheltoksan Street
Almaty, Kazakhstan

 

Published: November 7, 2019