Financial Times FT.com

Economy: Oil rich and having a ball

By Arkady Ostrovsky

Published: December 15 2004 07:34 | Last updated: December 15 2004 07:34

Patricia Velazquez, a Hollywood supermodel, is an unlikely judge of Kazakhstan’s economy. As she walked on stage to greet the glamorous crowd at a fashion show in Almaty last month, Ms Velazquez inadvertently put her finger on the challenges.

“Your country reminds me of my home country, Venezuela,” she said, smiling to flashing cameras.

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