The analysis of the impact of Customs Union on the economic and banking sectors of Kazakhstan

The target of this bachelor's thesis is to analyze the impact of the Customs Union consisting of Russia, Belarus and Kazakhstan on the economic and banking sectors of Kazakhstan. I will try to describe the advantages and disadvantages, with concrete examples for the entry of republic into the Custom Union. The first two chapters are theoretical and the last one is practical. The first chapter focuses on describing the historical conditions and causes of the formation of a customs union, the second chapter is dedicated to the organization itself, its history and functions. The last chapter deals with the development of the banking system during the period of 2010-2013, which is the period Kazakhstan been a member of the Customs Union. In the concluding part of this thesis I have tried to explain the specific advantages and disadvantages of the country's entry into the Customs union