Kazakhstan: Economic Crisis, State Companies, And The Nation’s Image by EurasiaNet
A EurasiaNet Partner Post from: RFE/RL
Qishloq Ovozi is pleased to once again introduce an up-and-coming scholar in the field of Central Asian studies, Bradley Jardine, a student at Glasgow University and currently an intern at RFE/RL. Jardine examines Kazakhstan’s efforts to alleviate the effects of a regional economic crisis, while at the same time preserving what could be described as national vanity projects.
As Central Asia’s regional economic crisis deepens, the Kazakh economy has started to crack and it’s led the Astana government to take a series of steps designed to mitigate the effects of the crisis.
However, increasingly it is social and infrastructure programs that are bearing the brunt of financial cuts while scarce funding is directed to state-owned energy companies and large-scale projects aimed at boosting Kazakhstan’s international image.