Conservative Economics

Advertisement

Recent Tweets

Follow capflowwatch on Twitter
Subject: Kazakhstan

Kazakstan, officially the Republic of Kazakhstan, is an Asian country which is ranked as the ninth largest country in the world. It is also the world’s largest landlocked country. Its territory of 2,727,300 km² is greater than Western Europe. It is neighbored clockwise from the north by Russia, China, Kyrgyzstan, Uzbekistan, Turkmenistan, and also borders on a significant part of the Caspian Sea. The capital moved in 1997 to Astana from Almaty, Kazakhstan’s largest city.

Vast in size, the terrain of Kazakhstan ranges from flatlands, steppes, taigas, rock-canyons, hills, deltas, in part snow-capped mountains and deserts. With 16.4 million people (2009 census), Kazakhstan has the 62nd largest population in the world, though its population density is less than 6 people per square kilometre (15 per sq. mi.).

For most of its history the territory of modern-day Kazakhstan has been inhabited by nomadic tribes. By the 16th century the Kazakhs emerged as a distinct group, divided into three hordes. The Russians began advancing into the Kazakh steppe in the 18th century, and by the mid-19th century all of Kazakhstan was part of the Russian Empire. Following the 1917 Russian Revolution, and subsequent civil war, the territory of Kazakhstan was reorganised several times before becoming the Kazakh Soviet Socialist Republic in 1936, a part of the USSR. During the 20th century, Kazakhstan was the site of major Soviet projects, including Khrushchev’s Virgin Lands campaign, the Baikonur Cosmodrome, and the Semipalatinsk “Polygon”, the USSR’s primary nuclear weapon testing site.

Kazakhstan declared itself an independent country on December 16, 1991, the last Soviet republic to do so. Its communist-era leader, Nursultan Nazarbayev, became the country’s new president. Since independence, Kazakhstan has pursued a balanced foreign policy and worked to develop its economy, especially its hydrocarbon industry. While the country’s economic outlook is improving, President Nazarbayev maintains strict control over the country’s politics. Nevertheless, Kazakhstan’s international prestige is building. It is now considered to be the dominant state in Central Asia. The country is a member of many international organizations, including the United Nations, NATO’s Partnership for Peace, the Commonwealth of Independent States, and the Shanghai Cooperation Organisation. In 2010, Kazakhstan will chair the Organization for Security and Co-operation in Europe.

Kazakhstan is ethnically and culturally diverse, in part due to mass deportations of many ethnic groups to the country during Stalin’s rule. Kazakhs are the largest group. Kazakhstan has 131 nationalities including Kazakh, Russian, Ukrainian, Uzbek and Tatar. It has a population of 16.4 million, of whom around 67% percent are Kazakhs.
Kazakhstan allows freedom of religion, and many different beliefs are represented in the country. Islam is the primary religion. The Kazakh language is the state language, while Russian is also officially used as an “equal” language (to Kazakh) in Kazakhstan’s institutions. [Wikipedia: 2009]

The end of the dollar?

Barack Obama: The last US president

Igor Panarin --- Seer extraordinaire

Igor Panarin, a Russian academic, is making headlines predicting the end of the United States in 2010. With his connections in the intelligence community, one might wonder what Professor Panarin might know about Barack Obama and his radical cabinet of ‘czars’ that is unknown to the American people?

Panarin’s map of the proposed breakup of the United States seems to exhibit a profound mis-understanding of American political history and culture. However, the non-democratic behavior of the Pelosi-Reid Congress does raise questions as to the future of the country.

Featured articles on inside pages

Stock buybacks

The Stock Buyback Era evaluated

The buyback era began when the SEC allowed issuers to manipulate prices to give value to executive options. Stock buybacks since 1982, in 2008 dollars, total $5.77 trillion. More ...

Securities Analysis

Is big bank complexity irreversible?

The root problem with big banks today is organizational and product line complexity. Excessive complexity in banks can be traced to the reorganization of Citibank in 1956, under Walter Wriston, following the advice of McKinsey and Company.
More ...

US Politics

Why Congress won't kill ACORN

Closely connected with President Obama, the ACORN group of "community organizers" has drawn censure from the Democrat-controlled Congress as a result of investigative reporting by James O'Keefe and Hannah Giles. More ...

US equities

Sarbanes-Oxley and the shortage of equities

The Sarbanes-Oxley Act of 2002, by discouraging companies to go public, will exacerbate the shortage of equities, with a negative effect on the US stock market, although this was not the intent of its authors. Poorly drafted, ill-conceived, and unfair this law does little to protect investors.
More ...

US Bonds

Bond demand exceeds supply for a decade

Over the decade, 1995-2004, the demand for US bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. More ...

World Economy

Signs of US losing its groove?

Thirty years ago, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This year, or the next, this foreign income surplus may disappear forever. Is the US 'losing its groove'? More ...

Custom Search

Subscribe / Follow

Subscribe via RSS Subscribe via Email

Site navigation

Capital Flow Watch has hundreds of articles on economics and investments.

Articles have excerpts on the front pages, and on tag, category, search and archive pages.


Review capital-flow-watch.net on alexa.com

» Blog Guide

Excerpts by Category

Article Calendar

August 2010
MTWTFSS
« Jul  
 1
2345678
9101112131415
16171819202122
23242526272829
3031 

Stock Quotes

DJIA10343.64  chart +0.23%
NASDAQ2186.59  chart -0.17%
S&P 5001084.82  chart +0.11%

Ftse 1005275.44  chart +0.18%
Dax6110.41  chart -0.40%
Cac 403610.91  chart -0.28%

Nikkei 2259253.46  chart +0.44%
Hang Seng Index21071.57  chart -0.16%
Straits Times Ind2939.97  chart +0.44%

Eur To Usd1.28  chart +0.44%
Usd To Jpy86.20  chart +0.44%
Gbp To Usd1.56  chart +0.44%

2010-08-13 13:05