A senior researcher of the Economic Modeling Development Center, Zhandos Ybrayev (PhD), presented his research work titled "Real exchange rate management and economic growth: export performance in Kazakhstan, 2009-2019” at the 2020 Eastern Economic Association Meetings in Boston, USA. The conference gathers together researchers from various fields of economics to present their recent advances in the field and exchange ideas on hard-pressed issues in contemporary research.

The research work presented at the conference concentrates on evaluating the effect of stable and competitive real exchange rate management on economic growth by analyzing the export performance of tradable goods sector in Kazakhstan over 2009-2019. The results show that maintaining an undervalued exchange rate supports high-tech exports sector, and a higly volatile exchange rate regime leads to unfavourable conditions for capital-intensive sectors.