Kazakhstan's futuristic architecture in Astana symbolises its rise from a former Soviet backwater to a leading regional economy (photo:dpa)

Kazakhstan unsettled by turmoil in eastern Europe

Kazakhstan, one of the most stable countries in Central Asia, is feeling the chill wind of economic change as the crisis in Ukraine continues, Russia lurches towards recession, and China’s explosive growth slows – all hitting regional prosperity and investment. Kazakhstan’s stability is also at stake over the question of who will succeed 73-year-old President Nursultan Nazarbayev who has built the country’s success around his unquestioned authority.

KAZAKHSTAN is ranked as of one of the most stable countries in Central Asia. The wealth of its natural resources combined with a more open approach to economic reform and foreign investment has enabled an impressive development of its eco...

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 Eka Tkeshelashvili
It remains to be seen whether the same factors which have helped stabilise Kazakhstan will be the cause of its vulnerability
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