University of Tehran Central Eurasia Studies 2008-0867 8 1 2015 05 22 The Influence of Economic Globalization on Economic Development of Kazakhstan The Influence of Economic Globalization on Economic Development of Kazakhstan 1 18 54959 10.22059/jcep.2015.54959 FA Farhad Atai Associate Professor, Department of International Relations, University of Tehran, Iran Abed Norouzi Zarmehri M.A. in Regional Studies, University of Tehran, Iran 0009-0002-1439-0129 Journal Article 2014 04 08 With the dissolution of the Soviet Union, the newly formed independent states believed that their economic problems are rooted from the communist economic policies. Thus, they leaned towards free market economic system. The movement of such nations during the economic transition period has a close relationship with globalization. Globalization itself has close ties with players in the international economic arena. Countries that have the highest potential for attracting these players can make the most profit during this process. In this essay, we examine the indices of foreign direct investment, foreign trade, labor remittance, and social development in Kazakhstan. By studying Kazakhstan Qualitative and quantitative statistics, we concluded that Kazakhstan was more successful in attaining the indexes of globalization and these indexes had greater effect on the social development of this country compared with other countries in Central Asia. With greater economic freedom, Kazakhstan has experienced great social-economic development. With the dissolution of the Soviet Union, the newly formed independent states believed that their economic problems are rooted from the communist economic policies. Thus, they leaned towards free market economic system. The movement of such nations during the economic transition period has a close relationship with globalization. Globalization itself has close ties with players in the international economic arena. Countries that have the highest potential for attracting these players can make the most profit during this process. In this essay, we examine the indices of foreign direct investment, foreign trade, labor remittance, and social development in Kazakhstan. By studying Kazakhstan Qualitative and quantitative statistics, we concluded that Kazakhstan was more successful in attaining the indexes of globalization and these indexes had greater effect on the social development of this country compared with other countries in Central Asia. With greater economic freedom, Kazakhstan has experienced great social-economic development. https://jcep.ut.ac.ir/article_54959_0b477d8ff81a2ef1253c08e9f43c2575.pdf