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The truth about Asian investment banking

September 1999

The child weans itself from Mother Russia


Last year's Russian crisis had one unexpected spin-off. For the first time investors started to differentiate between Russian risk and that of Kazakhstan. It was good news for Kazakhstan as Ted Kim reports.


Has Kazakhstan achieved the unthinkable? The Great Divorce? Separation from Mother Russia? It seems so. In just a year it has managed to change an image that has persisted for decades - it is no longer perceived as a mere satellite of Russia. Rather, it is a separate investment destination and economy - a country in its own right. ...


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