New approaches to building a model of economic growth in Kazakhstan

Aubakirova G.M.1
1 Карагандинский государственный технический университет

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Journal paper

Journal of International Economic Affairs (РИНЦ, ВАК)
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Volume 9, Number 1 (January-March 2019)

Citation:

Aubakirova, G. M. (2019). New approaches to building a model of economic growth in Kazakhstan. Journal of International Economic Affairs, 9(1), 123-134. https://doi.org/10.18334/eo.9.1.39729

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=38228712
Cited: 8 by 07.12.2023

Abstract:
Over the years of Kazakhstan's new economic history, structural growth has played a key role in its development. The article shows that at the moment the economy of Kazakhstan remains poorly diversified. It is concluded that the country will be able to avoid the "middle income trap" due to structural transformation. It is shown that the emphasis should be placed on the development of the industrial sector and human capital, the growth of investment and productivity. In the medium term until 2025, the country plans to use systemic reforms to move to a new model of economic growth.

Keywords: strategy, state regulation, Kazakhstan, structural growth

JEL-classification: O40, O20, O53

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