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Kazakhstan to reach Top 30 by 2025

25 december 2013, 18:30
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Robin Matthews. Photo a courtesy of  kpp-russia.ru
Robin Matthews. Photo a courtesy of kpp-russia.ru
Professor Robin Matthews of the Kingston Business School predicts Kazakhstan is going to be among the Top 30 most developed countries of the world by 2025, which is earlier than President Nazarbayev plans in his Strategy-2050, Tengrinews reports.

Kazakhstan is currently ranked 34th in the global competitive rating of the Institute of Management Development (IMD).

According to a tentative forecast, in 2015 Kazakhstan will reach the 24th place in the rating. “10-15 years ago it was difficult to imagine that Kazakhstan would be ranked 34th in the global competitive rating. Our analysis shows that the country should gain 10 by 2025 and be be rated 24th,” said Professor Matthews.

Professor Matthews noted that today Kazakhstan has a high economic performance, which contributes to the positive dynamics of the country in the rating. In his study of Kazakhstan’s economy, the professor noted the possibility that the country would reach the goals it had set in the Strategy-2050 ahead of schedule. “(…) Depending on whether Kazakhstan will be able to keep up the positive dynamics, the country has all it takes to enter the Top 30 developed countries by 2025,” said Professor Matthews.

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