Research Paper on:
Global Investments in Kazakhstan

Unformatted Sample Text from the Research Paper:
difficult for such transitional state of Kazakhstan. Particularly influenced by the fall have been its business people, who have attempted to stand strong throughout all the upheaval and attract  the economic security of multinational corporations. II. ATTRACTING THE INVESTOR The positive move toward national progression has not been an easy one  for Russian business people after the collapse of Communism, for the reason that they have not been adequately supported by the Russian legal system with regard to enforcing commercial transaction  laws, which ultimately impedes upon opportunities for multinational corporate investments. It has even reached the point where Kazakhstan business people have had to "rely on their own influences" (Hendley  228) as a means by which to conduct business. These laws, which were originally designed to govern all aspects of business, have become ineffectual and, as a result, have  intimidated many a prospective multinational entrepreneur from engaging in any sort of investment for fear of considerable financial loss. "Even with legal reforms being instituted, Russian entrepreneurs continue to  depend on the patron-client networks that dominate their business transactions rather than rely on laws" (Hendley 228). Arbitrazh courts attempt to mediate between  and among the legal discord, however, even their participation leaves much to be desired. These courts, which exist for the purpose of addressing business disputes "such as those between  enterprises, government agencies and bankruptcy claims" (Hendley 379), have fallen down on their responsibility to assist the Russian business community, once again leaving the business person to fend for his  or her own best interest. "In every country, but particularly in ex-Soviet countries as Kazakhstan, a qualified lawyer will have to look behind officialist documentation to see things as