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The collapse of the centrally planned systems of the former Soviet Union stands out as one of the most important global events of the 20th century. The transformation from a centralized economic system to a market system created major opportunities for Western corporations to enter markets that had formerly been closed to them. In this text E.K. Dosmukhamedov employs a distinctive approach to the study of post-communist transition by analysing foreign direct investment (FDI) from a political, legal and economic standpoint. Kazakhstan, the second largest country of the former USSR, is used as a case study to illustrate the role of FDI in restructuring the economy of the former Soviet Union countries in the post-communist era.