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3 Kazakhstan a Central Asian giant

Kazakhstan: Central Asian Giant Battles World Crisis

Kazakhstan: Central Asian Giant Battles World CrisisKazakhstan’s success story has been rightly praised in both the East and in the West. Under the leadership of its President, Nursultan Nazerbayev, this leading political and economic power in Central Asia has made the transition from a Soviet-style economy to a modern social market economy, without falling into the excesses of neoliberal policies, and without relinquishing its national sovereignty.

That notwithstanding, it has not been able escape the ravages of the current financial crisis which has swept across the globe. Now the country’s leadership is facing the third major upheaval since the country declared independence in 1991, — after the breakdown of the Soviet system and trade relations in 1992, and the crisis that hit in 1998. Given its full integration into regional economic, political and security arrangements, and its excellent relations with the West–especially Germany–, there is good reason to hope that it can engage with its neighbors and allies, in developing the means to protect its achievements and contribute to shape a new financial and economic order.

Stir Crazy in Kazakhstan: One Person's Experience, Coping with Living and Working in a Strange Environment Where Normal, Day to Day Activities Can Turn Out to Be Monumental in Their Execution
eBooks (AuthorHouse UK)
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