World experts praise Nursultan Nazarbayev's ideas on reformation of international financial system

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ASTANA. June 28. KAZINFORM The world expert community has commended the relevance of proposals made by President of Kazakhstan Nursultan Nazarbayev as regards the reformation of the international financial system.

303 experts from 68 countries of the world took part in the research "Vision-2050: A New Political and Economic Map of the World", conducted by the Post-Crisis World Foundation in 2013.

One third of experts pinpointed geopolitical processes and imperfection of the national economies and international financial system as the most pressing problems. According to the expert community, these two factors are directly connected: transformation of the centers of economic and political might occurs on the back of outdated regulation mechanisms of the global economy.

Kazakhstan may be proud of its experience in this respect. The system of national economic management built in Kazakhstan has allowed to overcome economic crisis and achieve economic growth. Moreover, President Nursultan Nazarbayev put forward the idea on the reformation of the international financial system a few years ago. The financial crisis in Europe questions the future of the euro zone and the European Union in general and proves Nursultan Nazarbayev's ideas are worth considering.

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