I was just wondering what everyone thought about the economic state of Kazakhstan.
Though 43% are living with under $300/yr, the Kazakh government seems to be trying its best. In fact, $13 million has been promised to Semipalatinsk, and a further $43 million has been pledged from abroad - though only $3 million so far has been realised in actual projects.
I think part of the problem is that, between 1945-1991, the former Soviet exploded a total of 607 nuclear bombs in Kazakhstan near the city of Semipalatinsk. Kazakhstan is the size of France, but with widespread radioactive pollution, high levels of cancers and birth defects, grinding poverty and despair. Heck, suicide is widespread, particularly amongst young people.
The good thing is that it's developing an oil industry and will, in ten years' time become important oil exporting nation and an essential strategic partner for the EU. In fact, it possesses enormous fossil fuel reserves as well as plentiful supplies of other minerals and metals. It also is a large agricultural - livestock and grain - producer. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources and also on a growing machine-building sector specializing in construction equipment, tractors, agricultural machinery, and some defense items.
I'd like to know your opinion.