Foreign Direct Investment in Kazakhstan: Politico-Legal Aspects of Post-Communist Transition

Cover......Page 1
Contents......Page 6
Acknowledgements......Page 8
Introduction......Page 10
1.2 The nature of legal analysis......Page 18
1.3 Political stability......Page 20
1.4 Externalities......Page 21
1.5 The law and economics approach......Page 22
1.6 The neo-institutionalist approach......Page 27
1.7 Summary......Page 32
2.2 Foreign direct investment......Page 33
2.3 Transition......Page 39
2.4 Transition as it affects property rights......Page 45
2.5 The state......Page 47
2.6 Legal regulation......Page 54
2.7 Summary......Page 59
3.2 The historical determinants of the legislation on FDI......Page 60
3.3 The post-independence period......Page 67
3.4 The post-independence sources of legal innovation......Page 70
3.5 The structure of the legislation......Page 71
3.6 The Constitution, Civil Code and FDI......Page 74
3.7 The Constitution and the legal regulation of FDI......Page 82
3.8 Summary......Page 85
4.1 Introduction......Page 86
4.2 Models of legal regulation of FDI......Page 87
4.3 The elements of the free entry model......Page 93
4.4 Country-specific criteria and the choice of a regulatory model......Page 95
4.5 An optimal model for Kazakhstan......Page 104
4.6 Summary......Page 108
5.2 A Kazakh model, 1991–1995......Page 110
5.3 The 1997 Law on State Support of FDI......Page 126
5.4 The 1997 Amendments to the 1994 Law on Foreign Investment......Page 129
5.5 Summary......Page 131
6.1 Introduction......Page 133
6.2 Legal reform in Kazakhstan: a methodological approach......Page 134
6.3 Nature of the post-independence legal reforms in Kazakhstan......Page 138
6.4 The legal regulation of FDI in the context of legal reforms......Page 144
6.5 Summary......Page 148
7.1 Introduction......Page 150
7.2 The economic policy of the state: institutional implications......Page 151
7.3 Post-independence evolution of the law-making institutions......Page 154
7.4 The internal organization of the state......Page 159
7.5 The executive......Page 166
7.6 The 1999 presidential elections – a shift towards an optimal model?......Page 170
7.7 Summary......Page 173
8 Conclusion......Page 175
Appendix: The Normative Acts of the USSR and the Republic of Kazakhstan......Page 183
Notes......Page 185
Bibliography......Page 218
D......Page 244
K......Page 245
M......Page 246
S......Page 247
Z......Page 248