Kazakhstan's Construction Boom: Is Rapid Growth a Sign of Economic Trouble?

Kazakhstan's Construction Boom: A Sign of Economic Overheating? Kazakhstan's economy is experiencing significant growth, particularly in the construction sector. This growth, however, raises concerns about potential economic overheating. In a recent interview on the "What about money?" YouTube channel, Vladislav Turkyn discussed this issue. Turkyn explains, "The construction sector has seen double-digit growth for four consecutive years." This rapid expansion, while seemingly positive, could be unsustainable. The video also touches on the challenges of predicting economic trends. Turkyn states, "I don't ask economists for predictions because they stop talking to me afterward." This highlights the complexity of economic forecasting and the need for a nuanced approach. The situation requires careful monitoring to avoid potential economic instability.