FISCAL DECENTRALIZATION: A REVIEW OFINTERGOVERNMENTAL RELATIONS IN KAZAKHSTAN

Abstract

Fiscal decentralization has become one of the most important
reforms for countries with transitional economies, facilitating effective resource
allocation and local decision-making. Kazakhstan has implemented
decentralization reforms as part of its economic policies to strengthen the
prosperity of regional economies. This dissertation provides a comprehensive
review of fiscal decentralization in Kazakhstan, analyzing the evolution,
challenges, and prospects of intergovernmental relations in light of the recent
reform that started in 2020, which involves delivering SME corporate tax
revenue to local budgets.