Contact Information: Contact: Matt Lauer Qorvis Communications
On Bloomberg, Alexander Mirtchev Analyzes Impact of Economic Crisis on Rapidly Developing Economies
In Exclusive Interview, Explains That Market Reforms Have Helped Prepare It for Current Crisis
| Source: Krull Corporation
WASHINGTON, DC--(Marketwire - October 10, 2008) - Dr. Alexander Mirtchev,
founder and chairman of the Krull
Corporation and an economic expert on emerging markets, sat down with
Bloomberg Television
in London to discuss the impact of the financial crisis on the economy of
Kazakhstan.
Overall, Mirtchev said, the crisis "has been treated mainly as a liquidity
crisis and I would strongly argue that it is more of a solvency and asset
quality crisis." Dr.
Mirtchev, the chairman of Kazakhstan's national development fund,
Kazyna, believes that the economic reforms established in the country
include measures to deal with such a crisis. These measures are, he says,
"why the crisis is not affecting them to the extent that it is affecting
other emerging markets."
The full interview can be viewed here:
http://www.youtube.com/focuswashington.
Dr. Mirtchev has also
commented more extensively on the widespread impact of the financial crisis
in a discussion with Focus
Washington's Chuck Conconi. The interview can be viewed at
www.youtube.com/focuswashington.
For more information, visit www.KrullCorp.com or contact Matt J.
Lauer at Qorvis Communications at mlauer@qorvis.com.
About Krull Corporation
Krull Corporation is a Washington,
D.C.-based advisory and project management firm with expertise in dealing
with economic growth, industrial expansion and restructuring issues.
Founded by Dr. Alexander Mirtchev in 1992, Krull Corporation capitalizes on his
extensive professional experience in market developments and reforms and
focuses primarily on emerging and rapidly developing economies. Over the
years, the firm has provided its clients with outstanding strategic
guidance and professional services in various areas. Combining a unique
blend of global reach and understanding of local markets, Krull is able to consistently produce
high quality results and returns.