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Kazakhstan economy

Kazakhstan’s President Tokayev Calls for the Return of Assets
November 28, 2022

Kazakhstan’s President Tokayev Calls for the Return of Assets

By Paolo Sorbello
Will the government target all assets spirited abroad or only those owned by specific individuals? 

What’s Wrong With State Capitalism in Kazakhstan?
November 08, 2022

What’s Wrong With State Capitalism in Kazakhstan?

By Rakhimbek Abdrakhmanov
If Kazakhstan wants long-term economic growth, it needs economic and political constraints and counterweights.
Economic Resilience in Central Asia Amid Russian War in Ukraine
October 03, 2022

Economic Resilience in Central Asia Amid Russian War in Ukraine

By Catherine Putz
On the back of high remittances and oil and gas revenues, the outlook for Central Asia’s economies has improved. But it’s not all good news.

The Richest Get Richer in Kazakhstan
May 13, 2022

The Richest Get Richer in Kazakhstan

By Paolo Sorbello
According to Forbes.kz, Kazakhstan’s top-three wealthiest amassed an additional $2.5 billion in one year.

The Trans-Caspian Corridor: Kazakhstan’s Silk Road?
May 12, 2022

The Trans-Caspian Corridor: Kazakhstan’s Silk Road?

By Wilder Alejandro Sánchez and Kamila Auyezova
Kazakhstan and the Caucasus nations are looking at the Trans-Caspian transportation corridor with renewed vigor given the war in Ukraine.

Kazakhstani Banks Eye the Spoils of Sanctioned Russian Subsidiaries
April 26, 2022

Kazakhstani Banks Eye the Spoils of Sanctioned Russian Subsidiaries

By Paolo Sorbello
Russian banks operating in Kazakhstan were thriving before the war. Now CenterCredit has bought Alfa-Bank’s assets in Kazakhstan.

Mixed Fortunes for Kazakh Grain?
April 20, 2022

Mixed Fortunes for Kazakh Grain?

By Sophia Nina Burna-Asefi
While Kazakhstan has the potential to be an influential player in the global grain economy, it needs to first overcome domestic and logistic challenges.
Kazakhstan: After the Pandemic Recovery, New Pressures From the Ukraine War 
April 12, 2022

Kazakhstan: After the Pandemic Recovery, New Pressures From the Ukraine War 

By Catherine Putz
After recovering from the COVID-19 pandemic’s economic shockwave, Kazakhstan will see its growth prospects take a hit due to reverberations from the war in Ukraine.

Inflation Amid the COVID-19 Pandemic Fuels Labor Unrest in Kazakhstan
August 31, 2021

Inflation Amid the COVID-19 Pandemic Fuels Labor Unrest in Kazakhstan

By Elvira Kalmurzaeva
In the first half of 2021, there were more strikes in Kazakhstan than in the entire 2018 to 2020 period.

What’s in Kazakhstan’s 2025 Development Plan?
March 23, 2021

What’s in Kazakhstan’s 2025 Development Plan?

By Wilder Alejandro Sanchez
On the road to 2050, Nur-Sultan aims to diversify its economy and develop new industries.

Oil Company OMV Petrom Leaves Kazakhstan
February 18, 2021

Oil Company OMV Petrom Leaves Kazakhstan

By Paolo Sorbello
Another investor has left Kazakhstan, highlighting the worsening business climate. 
Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US
January 26, 2021

Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US

By Wilder Alejandro Sanchez
Kazakhstan is working toward a more diversified economy.

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