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The Republic of Kazakhstan is one of the new states in Central Asia. The book traces the historical path of its economy: first, the stage of socialist industrialization within the USSR, then a dramatic decline and unsystematic change in economic proportions in the first years of independence as a result of the disruption of former economic ties. The economic reforms of the 1990s and the accelerated development of the oil industry gave impetus to uneven recovery growth, which was slowed down by the global economic crisis of 2008. brought the country to the point of historical choice in favor of economic and political modernization as opposed to following the traditional path of the Middle East and oil monarchies.