Kazakhstan’s industrial policy: between pipedream and pipelines?

Can something good come out of the crisis? Perhaps. Kazakhstan – battered by a sudden stop in bank funding and a lower oil price – recently announced updated industrialisation plans that seem more realistic than earlier versions. The stated goal is still to advance economic diversification and reduce the country’s dependence on oil. But with less oil money floating around, the government seems to have put its feet back on

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About EBRD

The European Bank for Reconstruction and Development(EBRD) uses the tools of investment to help build market economies and democracies in countries from central Europe to central Asia (read more).