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The Role of Financial Intermediaries in Digital Economy Development (Chapter23)

In: Financial Markets Evolution

Author

Listed:
  • Alla Dvoretskaya

    (The Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Aibota Rakhmetova

    (Karaganda Economic University of Kazpotrebsoyuz (KEUK))

  • Gaukhar Kalkabayeva

    (Karaganda Economic University of Kazpotrebsoyuz (KEUK))

Abstract

In this chapter, the authors consider the role of financial intermediaries in the development of the digital economy as the basis for ensuring the dynamic and sustainable growth of the economy of Kazakhstan. The authors aim to identify the existing problems in the context of the participation of financial intermediaries in the implementation of real innovations. In the course of the study, descriptive methods, the method of expert assessments, comparative analysis methods, the method of economic and mathematical modelling and the graphical method were used. The study confirmed the hypothesis that the existing, including resource potential of domestic financial intermediaries is not used effectively both for the latter and for the development of the country’s innovation sector.

Suggested Citation

  • Alla Dvoretskaya & Aibota Rakhmetova & Gaukhar Kalkabayeva, 2021. "The Role of Financial Intermediaries in Digital Economy Development (Chapter23)," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Galina Panova (ed.), Financial Markets Evolution, edition 1, pages 49-64, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-3-030-71337-9_4
    DOI: 10.1007/978-3-030-71337-9_4
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    Cited by:

    1. Swaraj S. Bharti & Kanika Prasad & Shwati Sudha & Vineeta Kumari, 2023. "Customer acceptability towards AI-enabled digital banking: a PLS-SEM approach," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(4), pages 779-793, December.

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