Kazakhstan Bank Stops Repaying Foreign Debt

MOSCOW — The largest bank in the Central Asian nation ofKazakhstan, whose economy soared when oil prices were high, announced on Friday that it could no longer repay $11 billion in foreign debt.

The bank, BTA, said it would pay only interest to foreign creditors, who lavished the country with loans during the commodity boom

　　哈经济发展特点

　　1、私有化进程快。现私有经济已占国家经济总量的80％以上；

　　2、对外来经济依赖性很强。自建国收到的外来投资按人均在独联体国家占第一位。

　　3、对外来商品依存度很高。特别是高科技产品、生活日用品、轻工产品 基本被美国、德国、日本、韩国、中国、土耳其的商品所替代。市场需求旺盛，物资集散辐射面广。

第一、为什么借外债。要清楚，货币可以追逐物质。哈借外债，是为了借物质，说明其国内物质有些不能满足其需求。

第二、风险。这些国际投资者在哈的投资会受损。