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Transformational Change in the Economy of Kazakhstan

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  • G. M. Aubakirova

    (Karaganda State Technical University)

Abstract

— The article describes the transformation processes in the economy of Kazakhstan and the policy of new industrialization. The key factors impeding the growth of competitiveness of the economy in the medium term are identified. It is concluded that structural transformation of the country’s poorly diversified economy should be based on the accelerated development of the manufacturing industry, the increase in noncommodity exports and the attraction of foreign direct investment in noncommodity sectors.

Suggested Citation

  • G. M. Aubakirova, 2020. "Transformational Change in the Economy of Kazakhstan," Studies on Russian Economic Development, Springer, vol. 31(1), pages 113-119, January.
    • Handle: RePEc:spr:sorede:v:31:y:2020:i:1:d:10.1134_s1075700720010037
    DOI: 10.1134/S1075700720010037
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    References listed on IDEAS

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    1. Lipsey, Robert & Sjöholm, Fredrik, 2004. "Host Country Impacts Of Inward Fdi: Why Such Different Answers?," EIJS Working Paper Series 192, Stockholm School of Economics, The European Institute of Japanese Studies.
    2. Ken Warwick, 2013. "Beyond Industrial Policy: Emerging Issues and New Trends," OECD Science, Technology and Industry Policy Papers 2, OECD Publishing.
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