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Sustainable Development of Regions: Assessment Methodology and Analysis (Approbation for Kazakhstan)

Author

Listed:
  • Lyudmila A. Balgarina
  • Serik A. Jumabayev
  • Yuriy K. Shokamanov

Abstract

The research is aimed at developing, substantiating and testing a methodology for constructing an integral indicator for assessing regional sustainable development. The indicators were grouped into three main areas (subsets): economy, ecology and level life, and each direction consisted of 4 indicators. All data for calculating the indicator are taken from official statistics. Expert evaluation is not used. The research methodology is based on the calculation of the integral stability indicator. The study reflects a comprehensive approach to assessing the efforts of Kazakhstan's regional authorities to achieve sustainability at the sub-national level. The study lays the foundation for a regular analysis of sustainability and its dynamics in Kazakhstan's regions, which will assess the current state and development potential in Kazakhstan's regions and can serve to improve regional socio-economic policy.

Suggested Citation

  • Lyudmila A. Balgarina & Serik A. Jumabayev & Yuriy K. Shokamanov, 2025. "Sustainable Development of Regions: Assessment Methodology and Analysis (Approbation for Kazakhstan)," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 179-198.
    • Handle: RePEc:bas:econst:y:2025:i:2:p:179-198
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    File URL: http://archive.econ-studies.iki.bas.bg/2025/2025_02/2025_02_011.pdf
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    More about this item

    JEL classification:

    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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