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Browse Profiles > Kazakhstan > Business Indicators

	Score	Rank
Standards Compliance Index	50.83 out of 100	29
Business Indicator Index	7.15 out of 12	52

Kazakhstan

Business Indicators

With an overall score of 7.15/12, Kazakhstan is progressing toward standard on the economic, legal, and political indicators that make up our Business Index. Kazakhstan is considered to have one of the best-developed market-based systems of competition in the post-Soviet region. Capital transfers are still subject to some restrictions. The country also formally encourages foreign investment and offers equal rights to foreign and domestic investors, but there are ownership requirements in the media and telecommunications sectors, and the foreign investment screening process represents a serious obstacle as it is long, arbitrary, and lacks transparency. Property rights and contract laws are established, but enforcement is underdeveloped and can be somewhat arbitrary. This is partially due to the problem of corruption, which is perceived as beings extensive, reflected in Kazakhstan's ranking of 150th out of 180 countries in Transparency International's 2007 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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