A BROAD CAROLINAS accent drawls out across the conference rooms of the Radisson Hotel in Kazakhstan’s new capital, Astana. The American is teaching the basics of corporate governance to a seminar of youthful managers at Kazakhstan’s just-born $40 billion state holding company, Samruk. Some are so young they have acne. “Guys, this part is important!”
The lecturer is a bald late-career consultant from Ernst & Young, doing his bit for post-Soviet reform and, doubtless, per his generous fee for this hardship post, his retirement fund.
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