Distressed Assets in a Normative Dynamic Model of Kazakhstan Economy

Abstract

The paper presents a normative mathematical model of Kazakhstan economy with distressed assets in the banking sector. The model contains a lot of unspecified parameters which are not defined directly by the data of economic statistics. A method of identification of the model parameters is a type of global optimization problem. Parallel calculations are used for estimation of model parameters by statistical data of the Kazakhstan economy 2000–2017.