Eurasia Center Brief Analysis-Economic development of Kazakstan

by Semanur Öncü Abstract After declaring independence in 1991, Kazakhstan implemented economic reforms under the leadership of President Nazarbayev. These steps included the transition to a free market economy by reducing state intervention in markets, privatizing industries and effectively managing underground resources. As a result, the country’s international competitiveness increased. This process has strengthened Kazakhstan’sContinue reading “Eurasia Center Brief Analysis-Economic development of Kazakstan”