Small Business Lending in Kazakhstan

I.         Introduction. A.          Reasons for undertaking research. At the times of Soviet Union, in that approve wasnt non just sharp or middle problem, in that respect was not some(prenominal) business at all, e verything was public and at that place was no owners; so all countries of ex-Soviet Union have to bugger off their nice enterprises intensively. For Kazakhstan, it was very difficult, mainly because Kazakhstan had to a greater extent mineral application and a dinky of agriculture, for the most part - grain. Processing industry was very weak. When USSR stony-broke up and young Kazakhstan had to c atomic number 18 about itself, enterprises needed considerable amounts of capital to buy necessary equipment, employ qualified constructers to work in mineral industry and to develop processing industry, which demand, by the way, more expenses. However, firstly, government and banks did not have enough money to utilise credits to t he enterprises and secondly, it was much easier to create monopoly. Thus, our system of documentation small business was not correct from the very beginning. that still, 10 age later when it seems that Kazakhstan had grown roots and about everything going alternatively well, our system of fundinging small business in a deadly condition (see Appendix 1). There are several reasons wherefore our small business develops very slowly. Firstly, there was not some(prenominal) optimal government strategy it support small business.

organisation did not reveal the appropriate fork and regional priorities for small bu siness. Secondly, another problem is corrupt! ion. As we know, officials wad build immense barriers before entrepreneurs, for example, different checks, problems with registration, and others. Thirdly, a mellow taxes on enterprises. subaltern enterprises pay more taxes than big ones. This system of gross should be more fair, because for small enterprises there is no stimulant not to develop, but even to conduct their own business. Lastly, in our pastoral there is no appropriate... If you want to get a all-inclusive essay, order it on our website: OrderCustomPaper.com

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