The growth data and the potential returns from 15-year-old plantations of pine Pinus sylvestris L. (6 trial sites), spruce Picea abies Karst L. (9 trial sites) and silver birch Betula pendula Roth (13 trial sites), established in abandoned agricultural lands in a variety of soil types (sod calcareous, anthrosols, podzolic, podzols, gley, podzolic gley, alluvial), using the planting density 2,500 and 3,300 and also 5,000 trees/ha are analysed.For tree plantations in agricultural soils (alluvial sod-gley, gley-sod podzolic, sod-podzolic gley, typic podzol) at the survival of 80-98% the stock volume for 15-year pine is as high as 102-155 m³ha⁻¹ with the volume growth 5.72-8.94 m³ha⁻¹ per year; the same indices for spruce in agricultural soils (gley sod-calcareous, sodpodzolic, cultivated, sod-podzolic gley, alluvial sod-gley, base-unsaturated brown) are 75-98 m³ha⁻¹ and 10.26-15.76 m³ha⁻¹, respectively. For 15-year plantation birch the mentioned indices may vary from 61 to 169 m³ha⁻¹ and from 7.54 to 29.82 m³ha⁻¹ per year. The lowest volume growth (4.66 m³ha⁻¹ per year) is for birch in heavy clay soil (gleyic sod-podzolic), the highest (29.72-29.82 m³ha⁻¹ per year) – in cultivated soils and pseudogley soil.Plantation cultivation of pine, spruce and birch in agricultural lands may by the age of 15 years yield with a profit such forest products as pulpwood, fire wood and woody biomass. The gross income gained from first commercial thinnings of plantation pine, utilizing pulpwood, fire wood and logging residue biomass, may vary from 679-2267 EUR ha⁻¹, for spruce the same indices are 1644-3272 EUR ha⁻¹, for birch - 683-2188 EUR ha⁻¹.

In rural Kazakhstan, the credit and insurance services are limited and the state support is weak. Therefore, households’ saving is crucial to provide an insurance against the economic and social shocks. The main goal of this study is to contribute to the literature on financial literacy in emerging economies, namely, the effect of financial literacy on saving rates of rural population. Being well educated not always means to be financial literate and make efficient decisions regarding one’s own finance. People with a lower formal education level but with better experience in consuming financial products could be better prepared for making financial decisions including those related to savings. In this paper other socio-economic determinants of saving rates were taken into account, such as an income level, family size and an employment status. This research was carried out in Pavlodar region of Kazakhstan, and the data collection took place in spring 2014. In total, 405 households were surveyed. Results of the analysis show that if a respondent gives at least one correct answer, it positively affects the saving rates as well as one can observe that the higher the financial literacy level, the higher are the saving rates. Availability of state supported financial education programs for rural people will significantly contribute to the financial literacy improvement. At the same time, providing various and appropriate financial products in rural areas will motivate rural people to search for new knowledge and require authorities to intensify activities in this field.