Economic Relations between Kazakhstan and Russia

Ñòðàíèöà: 23/33

In 1994, the share of machine-building industry and machine tooling in the overall industrial production continued to fall, amounting to six percent. Low investment activity, non- competitiveness of the Kazakhstan machine-building industry, limited financial consumer capacity predetermined an almost twofold reduction volumes in most types of machine –building branches even compared to the crisis-ridden year of 1993.

The situation was worst in the chemical and petrochemical industries, whose production capacities far exceeded the republic’s domestic needs. Considerable share of the product was exported to other CIS countries and the “far abroad”, but the enterprises suffered from shortage of raw materials, even shortages of oil, which is produced in Kazakhstan itself. JSC Polipropilen, AKPO, Khimvolokno production association used imported raw materials only. In 1994, the decline in most types of petrochemical products reached 55-60 percent. Oil refining dropped by 20.3percent.

The timber, woodworking, and papermaking industries suffered from shortage of raw materials. Between the beginning of 1993 and the end of 1994, the production of timber fell by 21 percent, and this had a negative effect on the state of production at sawmills and woodworking factories. The production of saw-timber, chipboard, and cardboard fell by 31.9, 59.3, and 47.5 percent respectively, but the production of paper increased threefold.

In 1993 and 1994, decline in production also continued in the construction materials industry. Production of cement declined to the level of 1973, while production of pre cast concrete products dropped to the level of 1974. There was a considerable drop in production at enterprises producing asbestos cement pipes and coupling (by 34.2percent), linoleum (by 40.3 percent), cement (by 61.6 percent), asbestos (by 71.2 percent), bricks (by 78.8 percent). Production of sanitary wares dropped by 25 percent.

During the last five years, GDP volumes continued to fall, declining roughly twofold; the greatest decline (by 25.4 percent) was observed in 1994, and in 1995 it was almost nine percent.

However, during the time of the reform considerable changes took place in the structure of GDP: The share of services grew sharply – from 32 percent in 1992 to 47 percent in 1995; the share of commodity production declined by 12 percent. The volume and share of services mostly grew in the trade, .•.

•3 • ti '

Competitiveness of the Kazakhstan machine-building indus­try, limited financial consumer capacity predetermined an al­most twofold reduction in production volumes in most types of machine-building branches even compared to the crisis-ridden year of 1993.

The situation was worst in the chemical and petrochemi­cal industries, whose production capacities far exceeded the republic's domestic needs. A considerable share of the product was exported to other CIS countries and the "far abroad," but the enterprises suffered from shortages of raw materials, even shortages of oil, which is produced in Kazakhstan itself. JSC Polipropilen, AKPO, Khimvolokno production association in Kustanai, Shymkentshina production association used imported raw materials only. In 1994, the decline in most types of pet­rochemical products reached 55-60 percent. Oil refining dropped by 20.3 percent.

The timber, woodworking, and papermaking industries suffered from shortages of raw materials. Between the begin­ning of 1993 and the end of 1994, the production of timber fell by 21 percent, and this had a negative effect on the state of production at sawmills and woodworking factories. The pro­duction of saw-timber, chipboard, and cardboard fell by 31.9, 59.3, and 47.5 percent respectively, but the production of pa­per increased threefold.

In 1993 and 1994, decline in production also continued in the construction materials industry. Production of cement declined to the level of 1973, while production of pre cast con­crete products dropped to the level of 1974. There was a consid­erable drop in production at enterprises producing asbestos cement pipes and couplings (by 34.2 percent), linoleum (by 40.3 percent), cement (by 61.6 percent), asbestos (by 71.2 per­cent), bricks (by 78.8 percent). Production of sanitary wares dropped by 25 percent.

During .the last five years, GDP volumes continued to fall, declining roughly twofold; the greatest decline (by 25.4 percent) was observed in 1994, and in 1995 it was almost nine percent.

However, during the time of the reform considerable changes took place in the structure of GDP: The share of services grew sharply - from 32 percent in 1992 to 47 percent in 1995; the share of commodity production declined by 12 percent. The volume and share of services mostly grew in the trade] in banking and finances, insurance, and realty, while the share of everyday services fell. In other words, the main trend in the changes of macro-economic proportions was a move towards parameters characteristic of countries with well-devel­oped market economies. The share of consumption of end products rose to 69 percent of utilized GDP as contrasted with 58 percent in 1993. Investment in 1995 amounted to some 30 percent of GDP.

Ðåôåðàò îïóáëèêîâàí: 18/07/2008