Q & AAsia-Pacific

Kazakhstan Moves to Diversify Commodities-Dependent Economy

Kazakhstan Moves to Diversify Commodities-Dependent Economy
A worker at the Tengiz oil refinery, Kazakhstan, Aug. 30, 2004 (AP photo by Anatoly Ustinenko).

Editor's note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries.

Last month, Kazakhstan announced that it was going to expand production at the Tengiz oil field, increasing output from 26 million to 38 million tons of oil per year. In an email interview, Peter Howie, an associate professor at Nazarbayev University, discussed Kazahkstan’s economy and the role of commodities.

WPR: How important are commodities for Kazakhstan’s economy, and what effect have falling commodities prices had on public spending and, by consequence, political stability?

Keep reading for free!

Get instant access to the rest of this article by submitting your email address below. You'll also get access to three articles of your choice each month and our free newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having a personal curator and expert analyst of global affairs news. Subscribe now, and you’ll get:

  • Immediate and instant access to WPR’s fully searchable library of 16,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Weekly in-depth reports on important issues and countries
  • Daily links to must-read news and analysis from top sources around the globe, curated by our keen-eyed team of editors
  • The Weekly Wrap-Up email, with highlights of the week’s most important coverage, and what’s to come.
  • Completely ad-free reading.

And all of this is available to you when you subscribe today.

BEGIN YOUR WPR SUBSCRIPTION NOW

More World Politics Review