Kazakhstan: Nazarbayev Wants to Spend Way out of Slowdown, But How Much Is Enough?

Kazakh border guards take inventory of goods crossing by train at the Khorgos International Center for Boundary Cooperation (ICBC) from China. Economic growth has been lagging in Kazakhstan as trade with Russia dropped 22 percent in 2014 and oil prices have been dropping as well in the past year. (Photo: David Trilling)

President Nursultan Nazarbayev thinks Kazakhstan can spend its way out of the economic doldrums. Experts, meanwhile, are divided about whether Nazarbayev’s plans represent a bold Roosevelt-style New Deal or a throwback to sluggish Soviet-style economics.

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Joanna Lillis is a freelance writer who specializes in Central Asia.

Kazakhstan: Nazarbayev Wants to Spend Way out of Slowdown, But How Much Is Enough?

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