Small Business Lending in Kazakhstan

I.         Introduction. A.          Reasons for undertaking research. At the times of Soviet Union, in that applaud wasnt not just weeny or middle problem, in that respect was not some(prenominal) business at all, e verything was public and there was no owners; so all countries of ex-Soviet Union have to come apart their tiny enterprises intensively. For Kazakhstan, it was very difficult, mainly because Kazakhstan had much mineral constancy and a dinky of agriculture, for the most part - grain. Processing intentness was very weak. When USSR stony-broke up and young Kazakhstan had to c atomic number 18 about itself, enterprises needed considerable amounts of funds 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 add credits to the 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 or else well, our system of fundinging small business in a gravely condition (see Appendix 1). There are several reasons wherefore our small business develops very slowly. Firstly, there was not each optimal government strategy it support small business.

government did not reveal the appropriate fork and regional priorities for small business. Secondly, another problem is corruption. As we know, officials wad build bulky bar! riers before entrepreneurs, for example, different checks, problems with registration, and others. Thirdly, a mellow taxes on enterprises. small(a) 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 province there is no appropriate... If you want to get a all-encompassing essay, order it on our website: OrderCustomPaper.com

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