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Central Asian Economic Review

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No 5 (2021)
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NATIONAL ECONOMY: DEVELOPMENT VECTORS

6-18 1269
Abstract

The purpose of the research is to analyze the problems and prospects for the development of «green» financing and banking in Kazakhstan and to propose directions for stimulating banks to finance «green» economy projects.

Methodology – in the course of the study, the methods of critical analysis, logical generalization, systematization and grouping of information are used. Scientific publications of domestic and foreign authors are the basis of the research.

Originality / value of the research – the results of the study can be applied in Kazakhstan in improving the state regulation of responsible activity of banks with a view to stimulating their participation in financing the «green» economy.

Findings – the essence of «green» banking is considered and the role of banks in financing projects of the «green» economy is defined; the structure and condition of the banking sector of Kazakhstan are analyzed, and the factors inhibiting the emergence of «green» banking are identified. It is noted that banking regulators, with appropriate public policies, could facilitate the channeling of financial resources to environmental projects by regulating banks, for which monetary policy and macro-prudential policy instruments can be used. It is concluded that development of «green» banking is extremely important for development of «green» technologies, financing of ecologically clean production, ensuring goals of sustainable development of the economy of Kazakhstan.

18-32 674
Abstract

The purpose of this article is to study the public opinion of the youth of Kazakhstan on the problem of employment, labor market and labor migration, as well as to develop proposals for regulating the youth labor market.

Research methodology. On the territory of 14 regions of Kazakhstan and 3 cities of republican signifycance: Nur-Sultan, Almaty and Shymkent, Atyrau city and 7 districts in Atyrau region, a survey of young people on the social well-being of young people aged 18-25 in Kazakhstan, including employment problems, labor market and labor migration was conducted. The survey was attended by young people of the Republic of Kazakhstan aged 18 to 25 years. The total volume of the sample set of studies was 4 000 people.

Originality / value of the research. The problems related to the labor market and labor migration of young people of the Republic of Kazakhstan under "COVID-19" have been identified.

Findings. The article deals with the issues of the youth labor market in Kazakhstan, youth unemployment and youth labor migration, and based on the results of the survey, recommendations are given on state regulation of the youth labor market. In particular, state support for entrepreneurship in the field of youth employment, digitalization of labor market infrastructure, development of youth professional skills.

GLOBALIZATION AND CENTRAL ASIA

33-43 440
Abstract

This article is about a new round of the global crisis in higher education, caused by the COVID-19 pandemic.

The purpose of the research is to conduct a systematic analysis of modern foreign literature on neoliberalismin the educational sphere and to identify the factors of influence of neoliberal concepts on the sphere of higher education during a pandemic.

The methodology of this study was a systematic analysis of foreign scientific research literature devoted to the issues of neoliberalism, axiological problems of higher education and globalization. Were studied 20sources, including the work of leading foreign scientists-philosophers M. Apple, A. Giroud, S. McCloskey and others. The works selected for the study cover the time period from 2000 to the present day.

Originality / value of the research. In the course of the analysis of the literature, the factors that influenced the quality and eff ectiveness of higher education are considered, and the prospects for postformeducation in the future are presented. Separately considered is such a direction as neoliberalism, which is the ideology of globalization, the global agenda. The opinion is substantiated that the pandemic did not create problems in the field of higher education, but only exacerbated those that already existed. The article provides an overview of the opinions of foreign scientists, presents their strategies for overcoming the global higher education crisis associated with both the pandemic and the neoliberal (market) approach to education.

Findings. The neoliberal model of education, based on fi erce competition, individualism and free trade, failed in the era of the pandemic. It seems that the future prospects for the development of higher education in the world will be revised towards reducing the influence of neoliberalism and the market, strengthening state control and financing in this area, humanizing, humanitarianization, fundamentalizing and greening the sphere of higher education.

BUSINESS AND GOVERNANCE: ISSUES AND SOLUTIONS

44-53 1494
Abstract

The purpose of the study is to review and identify how social entrepreneurship develops and what factors contribute to it.

Methodology. Summarized conceptual debate and assessment of a variety of empirical data for a more integrated understanding of social entrepreneurship. This article aims to clarify the concept of social entrepreneurship and its potential, and the actual relationship to social performance. The assessment of statistical data on the development of entrepreneurship in Kazakhstan, data of the Association of Social Entrepreneurs of Kazakhstan. The signs of the aggregate were formed: the number of social enterprises in Kazakhstan and the influencing factors: demographic group, social group, economic group. Used economic and mathematical tools to determine the dependence of factors. A model of correlation-regression dependence has been built.

The originality / value of the study lies in the study and analysis of the state of social entrepreneurship in modern conditions and recommendations for improving the development of social entrepreneurship in Kazakhstan.

Findings. In the study using the economic and mathematical apparatus, conclusions were drawn about the influence of factors on the development of social entrepreneurship in Kazakhstan. Social enterprises are highly diversified as they operate across many industries, including financial services, commercial services, agriculture, health care and social services, with different organizational structures and relationships with other commercial and non-profit organizations. This diversification can lead to different information needs, different expectations of stakeholders, as well as different possible metrics for assessing and analyzing the development of social entrepreneurship.

53-63 471
Abstract

Purpose of the research. The article is devoted to highlighting and analyzing the results of the rating evaluation of the universities-business interaction effectiveness based on the calculation of the integral indicator at the meso-level in the regions of the Republic of Kazakhstan for making further decisions in the development of regional policy in the field of higher education and support for universities in those regions that most effectively interact with the real sector of the economy.

Methodology. The study used a methodical approach to the calculation of the integral indicator.

 Originality / value of the research. This evaluation allows to determine the universities-business interaction effectiveness in the regions objectively on the basis of available statistical data.

 Findings. The evaluation has made it possible to determine that the leaders of the regional ranking are regions with a high level of educational and scientific potential.

64-75 805
Abstract

The purpose of the research is to assess the current state of ecotourism in the Ile-Alatau National Park, including an analysis of the material and technical base of tourism in the park and the existing regulatory systems.

Methodology – synthesis, analysis, deduction, comparison were used as the main research tools.

The originality / value of the research is an objective assessment of the current state of ecological tourism, in particular, tours to protected areas, in Kazakhstan and the United States of America (USA), as a foreign example, which allows creating a basis for the formation of effective methods of organizing and developing tourism in national parks.

Findings – Analyzing the unique natural resources of the Almaty region, the authors justify its high potential for the development of inbound and domestic tourism. Based on the contrast with the United States of America, the authors have estimated the material and technical base of tourism in the Ile-Alatau National Park. The authors give several recommendations for improving the current program for the development of ecological tourism.

184
Abstract

Purpose of the research – to assess the current state of ecotourism in the Ile-Alatau National Park, including an analysis of the material and technical base of tourism in the park and the existing regulatory systems.

Methodology – SWOT analysis, synthesis, analysis, deduction, comparison were used as the main research tools. The originality (value) of the study is an objective assessment of the current state of ecological tourism, in particular, tours to protected areas, in Kazakhstan and the United States of America (USA), as a foreign example, which allows creating a basis for the formation of effective methods of organizing and developing tourism in national parks.

Originality / value. The theoretical significance of the study is to identify the most effective methodology for assessing and regulating natural and recreational resources of the Ile-Alatau National Park for the development of ecological tourism. The practical significance of the project is to develop an effective system for the creation, improvement and promotion of the domestic ecological tourism product and, subsequently, to increase its competitiveness in the global tourism market.

Findings – Analyzing the unique natural resources of the Almaty region, the authors justify its high potential for the development of inbound and domestic tourism. Based on the contrast with the United States of America, the authors have estimated the material and technical base of tourism in the Ile-Alatau National Park. The authors give several recommendations for improving the current program for the development of ecological tourism.

STATE AND BUSINESS: THEORY AND PRACTICE OF MANAGEMENT

76-89 657
Abstract

The purpose of the research is to reveal the factors influencing the attitudes of mainstream schoolteachers toward inclusive education process in Almaty. It analyzes teachers’ viewpoints and experiences contributing to the formation of their positive or negative attitudes toward inclusion.

Methodology. This research presents the results of qualitative study. 25 teachers of 15 mainstream schools of Almaty city have participated in interviews. The data was codified by Atlas.ti software into several themes related to teachers’ attitudes, which then was attributed to factors.

Originality / value of the research. Understanding the teachers’ attitudes and their feelings toward inclusive education will contribute to identify the acute problems in the inclusion process thus preventing negative outcomes of it from teachers’ part. Moreover, utilization of semi-structured interviews in the context of Kazakhstan helps to deeply explore the essence of teachers’ attitudes toward inclusive education.

Findings. Six factors were identified as conceptual, social, technical, methodological and didactical, professional and media, that contributes for the formation of particular attitude of teachers. Findings showed more neutral and even negative attitude of teachers toward inclusion. They were more concerned with methodological/didactical and social factors in expressing their experiences with inclusive education process.

90-103 2955
Abstract

The purpose of the research is to study the existing problems in the public procurement system and ways to solve them.

The methodological basis of the research is scientific, scientific-practical and publication studies that reveal the problems of public procurement management in the Republic of Kazakhstan. In the article uses theoretical and empirical research methods, such as description, comparison and analysis. At the same time, official statistics are given and positive international experience in this area is studied, as well as a sociological research method is applied. The survey toolkit was developed by the authors and posted on the public procurement portal of the Republic of Kazakhstan (questionnaire).

The originality / value of the study. The sphere of public procurement acquires an important role in the development of the socio-economic direction, the results obtained can be applied in improving the procurement system.

Findings. The current situation in the field of public procurement monitoring in the Republic of Kazakhstan and the experience of advanced countries are analyzed, on the basis of which the problems of functioning in the analyzed area are highlighted. Procurement corruption manifests itself in different situations. In order to solve these problems and develop the institute of anti-corruption monitoring in the public procurement management system of the Republic of Kazakhstan, it is proposed to use the best practices of foreign countries. The necessity of strengthening public monitoring of public procurement and the creation of public control centers in the field of public procurement is substantiated. In conclusion, the article offers a number of recommendations aimed at improving the effectiveness of monitoring public procurement.

INVESTMENT, FINANCE AND ACCOUNTING

104-114 758
Abstract

The purpose of the research is to identify problems on the basis of theoretical and methodological developments to increase the need for a loan in the agricultural sector of the Republic of Kazakhstan and develop recommendations for their solution.

Methodology. In this study, the authors attempted to analyze agricultural lending and identify the factors that influence the success of the industry. The article used methods typical for economic research: an economic statistical method based on data grouping, a comparative method, a tabular method and a generalization method.

Originality / value of the research. The research results can be used in the development of programs to expand the financing channels for lending to the agricultural sector, change the mechanism for subsidizing the development of agricultural production.

Findings. This article analyzes the available credit resources for the agricultural sector, and also proposes various programs for lending to the agricultural sector from different sources. Problems in the country with regard to lending to the agricultural sector were identified and recommendations were made to reduce and resolve them.

115-126 1845
Abstract

The purpose of the paper is to develop proposals for development of the market of Kazakhstan's leasing services, based on current research and analysis of their key features, taking into account trends in the EAEU countries.

Methodology. In this paper there were used following methods of data analysis: logical methods of researching information on the market (which made it possible to identify key trends in development), qualitative and quantitative data analysis, as well as a graphical visualization method. At the same time, the widespread use of statistical methods of economic market analysis based on data from the EAEU countries made it possible to show promising opportunities for the development of the national sector.

Originality / value of the research. Identification of the main trends and problems in the development of leasing services in Kazakhstan and in the EAEU countries in order to identify opportunities for expanding business investment instruments. The paper presents a comparative analysis of the leasing sector indicators, which makes it possible to identify similar and contradictory trends for countries that once had the same basic conditions for development.

Findings. In Kazakhstan, there is a revival of the market for leasing services, even despite the crisis events against the pandemic. The influence of quasi-state leasing companies on the market discourages the development of private business in this financial services sector. The need to expand the range of leasing services and qualitatively update the mechanisms for financing private leasing companies will allow the Kazakhstani market to become competitive in the system of the EAEU countries.



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ISSN 2789-4398 (Print)
ISSN 2789-4401 (Online)