Dr. Balihar Sanghera (University of Kent, UK) presented his own sociological research. Topic: moral economy of credit. Within the framework of the seminar Dr. Sanghera spoke about his studies of the banking sector in Kazakhstan and Kyrgyzstan. Dr. Sanghera considers the institution of lending in Kazakhstan and Kyrgyzstan from the point of view of moral economics. In the concept of a moral economy, economic institutions are viewed not only from a pragmatic and rational point of view, as institutions for achieving maximum profit, but in terms of morality. Representatives of the concept of a moral economy believe that economic institutions, in particular lending institutions, should have certain moral concepts regarding production and trade, have special obligations and a sense of duty towards the poor and the lower strata of the population.

The seminary was attended by teachers of the Department of Sociology, representatives of research institutes. Dr. Sanghera was asked many questions about his research and further scientific plans. The seminar was successful, the teachers of the department hope for further scientific cooperation with Dr. Sanghera.