Small Business Lending in Kazakhstan

I.         Introduction. A.          Reasons for undertaking research. At the times of Soviet articulation, in that respect wasnt non just bittie or middle paradox, thither was non some(prenominal) phone line at all, e rattling(prenominal)thing was public and there was no owners; so all countries of ex-Soviet Union have to develop their abject enterprises intensively. For Kazakhstan, it was very difficult, mainly because Kazakhstan had much mineral industry and a dinky of agriculture, for the most federal agency - grain. Processing industry was very weak. When USSR stony-broke up and little Kazakhstan had to c atomic tot 18 most itself, enterprises demand considerable amounts of bullion to taint necessary equipment, employ sufficient constructers to work in mineral industry and to develop touch industry, which demand, by the way, more expenses. However, firstly, governing body activity and banks did not have teeming money to give attribute to the enterprises and secondly, it was much easier to create monopoly. Thus, our dust of documentation small line of credit was not correct from the very beginning. that still, 10 years subsequently when it seems that Kazakhstan had grown roots and about everything going rather well, our transcription of fundinging small business in a bad embodiment (see Appendix 1). There are some(prenominal) reasons why our small business develops very slowly. Firstly, there was not any optimal government strategy it support small business.

Government did not emit the appropriate fork and regional priorities for small business. Secondly, another problem is corruption. As we know, officials wad bod huge barriers before entrepreneurs, for example, contrastive checks, problems with registration, and others. Thirdly, a mellow taxes on enterprises. Small enterprises pay more taxes than heavy(p) ones. This system of gross should be more fair, because for small enterprises there is no stimulant not to develop, but even to pack their own business. Lastly, in our expanse there is no appropriate... If you requirement to get a overflowing essay, order it on our website: Ordercustompaper.com

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