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No 4 (2020)
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NATIONAL ECONOMY

8-19 1688
Abstract

The purpose of the scientific article is to conduct a macroeconomic analysis in the context of the development of the coronavirus pandemic and present short-term forecasts of Kazakhstan's economic development based on graphical modeling.
Methodology. In the course of writing the work, the following methods were used: research of bibliographic sources, systematization, graphical and qualitative analysis, as well as the «AD–AS» macroeconomic model.
Originality / value of research. The value of the work involves the implementation of modern economic analysis using the methodology of macroeconomic modeling and short-term forecasting to determine the development of priority national sectors within the framework of the COVID-19 course. There are also some suggestions for improving the activities of the state department of economic growth in Kazakhstan.
Findings. The main results obtained include: a brief overview of the economic situation in the world and primary sources on the organization and macroeconomic regulation; the structure and current development of the domestic economy in the context of a pandemic, taking into account the volatility of world oil prices; justified the use of the model of aggregate demand and aggregate supply: «AD–AS» – to determine the level of macroeconomic development of Kazakhstan; implemented an economic assessment of the structure of the state of aggregate demand; short-term forecasts and recommendations for improving the state management of the economy in Kazakhstan are proposed.

20-35 275
Abstract

Purpose of research. This study aims to identify the relationship between the dynamics of criminal activity and economy decline on the example of previous economic crises of 2008-2010 and 2014-2016 as well as the impact of anti-crisis programs on leveling the consequences of crises with the possibility of extrapolating the results to 2020-pandemic.
Methodology. In order to study the prospects for the growth of criminal activity in Kazakhstan, researchers use historical and comparative methods based on official statistics and materials of official bodies.
Originality / value of research. The results obtained help to understand how the crime rate changes during economic crises and what factors influence its dynamics.
Findings. The authors identified the relationship between crime and economic crises in the Republic of Kazakhstan. Surprisingly, but in practice it turned out that in 2008-2010 and 2014-2016 crime went down, not up as it was expected. The only reason to this was the large-scale monetary injections into the economy by the government. Then, after the completion of state programs, crime either increases slightly, or remains at the same high level. At the same time, during the economic crisis under the coronavirus pandemic in 2020 the most popular categories of crime (theft, fraud, plundering and robbery) are also kept on an annual level by the influence of public assistance from the state.
Conclusions can be used by public authorities and the private sector in planning long-term strategies or policies for action.

36-44 247
Abstract

The purpose of the research. Is to determine the basic trends in improvement of efficiency of the system of military and economic support for national defense to enhance national security in modern conditions based on the study and analysis of world experience in development of the system of military and economic support for national defense.
Methodology. General and specific methods and ways of economic research were used in the process of studying the systems of military and economic support for national defense: analysis and synthesis, comparisons and generalizations, systematic approach.
Originality / value of research. It was determined that the multidimensional system approach should be the basis of an effective system of military and economic support for national defense that allows to diagnose the level of military and economic support for defense, identify development trends and offer economically sound management solutions in this area.
Findings. Measures to improve efficiency of military and economic support for national defense system development were proposed; the necessity of optimizing the system of military and economic support for national defense was justified in conditions of limited resources allocated by the state for this purpose. Limited financial, material and human resources involved in the system of military and economic support for national defense require optimization of their distribution and use, taking into account new conditions of the internal and external environment of the national state (peacetime, the period of escalation of military tension and preparations, large-scale or regional war, local military or armed conflict).
Conclusion. Analysis of the main trends in modern economic thought shows that the most correct economic and theoretical approach to the study of conceptual foundations of the system of military and economic support for national defense is institutionalism.

REGIONAL AND INDUSTRIAL ECONOMY

45-53 329
Abstract

Purpose of the research. Is the study of the source of development of the agricultural sector of Kazakhstan – the place among the countries of the world in accordance with the volume and efficiency of the use of natural resources.
Methodology. In this regard, to determine the countries with which the level of development of the agricultural sector of Kazakhstan corresponds, 32 countries rich in agricultural natural resources are selected from 193 countries of the world, and for many indicators that characterize the effective use of natural potential, multidimensional statistics in two forms determined the location of clusters in computer technology using cluster analysis in a special SPSS program. In these two objects, a comparative analysis of the effectiveness of the use or return of natural resources of Kazakhstan with the countries included in the cluster was carried out.
Originality / value of the research. Among the countries rich in agricultural natural resources, agricultural data comparing Kazakhstan with indicators of productivity of the agricultural sector of the USA and Russia, analyzing the recoverability of the resource potential.
Findings. Resulting in the low production volumes compared to the volumes of natural resources of the country and not fully used all the wealth.

53-65 535
Abstract

Purpose of research. To analyze structural changes in the manufacturing industry of Kazakhstan based on the calculation of the coefficient of absolute structural shifts for 1990-2019 and to identify the relationship with the growth rate of the country's economy.
Methodology. The authors summarize international research experience in this field: L. Kazinets, J. Fagerberg, S. Feldman, D. McClain, K. Palmer, R. Howarth, L. Schipper, P. Duerr, S. Strom, J. Ferraz, D. Kupfer, F. Serrano, C. Chandrasekhar, M. Hayashi, C. Perez, A. Lyakin, S. Glazyev, V. Polterovich, and Higher School of Economics (Moscow) researchers. The process of learning is carried out on the principle of "input-output": based on empirical research and calculations based on quantitative data on statistics of Kazakhstan, as well as logical analysis of the calculation results.
Originality / value of research. The analysis, according to authors, more objectively reflects changes in the structure of the manufacturing industry in Kazakhstan and can be used for further research in this area.
Findings. The authors calculated the coefficient of absolute structural changes in the manufacturing industry of Kazakhstan for 1990-2019 using official statistical data, and considered the relationship with the cyclical development of the economy.

66-79 754
Abstract

The purpose of the study is to conduct a marketing analysis of Almaty to identify the needs of households and entrepreneurs, as well as free business niches.
Methodology. In the course of researching household needs and identifying business niches for entrepreneurs in Almaty, a desk method was used to analyze secondary information, as well as a quantitative method for conducting field surveys (electronic questionnaire, telephone and individual interviews).
Originality / value is the possibility of applying the results of the study by the relevant state bodies to develop a marketing program for the development of Almaty to determine its competitive advantages regularly.
Findings. In the course of analyzing the results of the questionnaire, the needs of households and entrepreneurs of each district of the city of Almaty were identified and solutions were proposed to satisfy them. In the course of the study, it was revealed that the results of the marketing research of the city of Almaty are not available to entrepreneurs through an electronic database for identifying and developing free business niches. It is known that the needs of citizens and entrepreneurs change over time. Therefore, in the article, we proposed a model of regular marketing research using digital technologies for the timely solution of the above problems. The proposed model will allow entrepreneurs to recognize free business niches using an electronic database and develop them. By timely meeting the needs of citizens, the competitiveness of the city can be increased.

80-90 752
Abstract

The purpose of the research based on the analysis of the current state of the mobile communication market in Kazakhstan and global trends in the development of innovations in the field of telecommunications, the identification of their economic effect and the main problems that stand in the way of further development of the mobile communication market in the country.
Methodology. The research was carried out using methods of economic, statistical, comparative analysis, expert evaluation, description and generalization. The sources of the research were the reporting data of Kazakhstan mobile operators, theoretical and analytical articles, works of Kazakhstani and foreign authors.
Originality / value of research. The authors present an analysis of the current state of the mobile communication market in Kazakhstan and identify the main problems and trends in the development of telecommunications. The importance of this industry in the context of the coronavirus pandemic and the forced widespread transition to distance education and services is noted.
Findings. The authors note that the deployment of 5G networks requires extremely high investment. In this regard, there is a tendency to merge companies in this market. The main reasons for the decline in income are indicated, and it is noted that economic growth is largely related to broadband availability, but only if the population meets its basic needs. The impact of the current pandemic situation on companies' operations is also analyzed. Based on the analysis of the current state of the telecommunications market and foreign experience, the authors suggest possible directions of development that, despite the existing problems, will allow companies to gain the trust of customers and achieve a competitive advantage.

91-99 855
Abstract

The purpose of the research. Is to study measures of state support for small and medium-sized businesses during the pandemic, to conduct a systematic analysis based on international experience, and to study how the interaction of public authorities with business was carried out during the period under review.
Methodology. The method of theoretical analysis and synthesis is used to implement the tasks set in this paper. As you know, these methods in a complex allow you to study the depth of the object under study, classify the main directions, signs, characteristics, and further combine all this into a single system. The research uses data from the statistics Committee of the Ministry of national economy of the Republic of Kazakhstan, scientific and research works of foreign and domestic authors.
Originality /value of research. The analysis of international experience in supporting entrepreneurship has been carried out.
Findings. According to the analysis, it was revealed that the measures of state support for entrepreneurship announced in Kazakhstan, in comparison with international practice, are distinguished by their universality of application. In order to build effective interaction between the state and business, it is necessary to strengthen the role of the institutions of associations and unions.

INNOVATIVE ECONOMY

100-115 1623
Abstract

Purpose of research. Based on the study and analysis of the practice of using renewable energy sources (RES) in the Republic of Kazakhstan and foreign countries, to determine the prospects for the development of alternative energy sources in the Republic of Kazakhstan.
Methodology. In the process of analyzing the development of alternative energy in the Republic of Kazakhstan, analytical and statistical research methods, methods of analysis, generalization and comparison of the use of renewable energy in different countries were used.
Originality / value of research. The necessity of accelerated and active use of renewable energy sources in Kazakhstan based on the study of domestic and foreign experience is justified.
Findings. The positive and negative aspects of the development of renewable energy are identified, and the factors hindering its development are identified. As a result of the research, measures are proposed to accelerate the transition of the Republic of Kazakhstan to sustainable economic development based on renewable energy sources.

116-126 535
Abstract

Purpose of research. This study is aimed to consider the model for assessing indicators of innovation activity based on the concept of marketing-mix "4P", taking into account the individual characteristics of companies, factors influencing the innovative potential of companies and the process of developing or introducing new products or technologies, and assessing the degree of the Kazakhstan companies transition readiness to the to the knowledge-intensive economy.
Methodology. The study contains descriptive and quantitative methods using a structured research survey to analyze the readiness of the transition to the knowledge-based economy of companies in Kazakhstan based on the opinion of heads of large national companies and representatives of business companies
Originality / value of research. The study shows that micro and small companies influence the assessment of these indicators in Kazakhstan, and state programs of innovation development is needed to include mechanisms for providing feedback to consumers on new products and services and involving marketing in the process of developing or introducing new products or technologies
Findings. According to estimates, more than 37 % of survey respondents consider that all indicators of innovation performance indicators remained at the same level over the past 3 years, however, more than 22 % of respondents believe that there is increased slightly. At the same time, 50 % of the products produced from these studies were fundamentally new to the company, 42 % were fundamentally new to the Republic of Kazakhstan and 8 % were fundamentally new at the global level. It is concluded that the success of developing radically new or significantly improved products or services and the speed the launch of innovative products or services on the market are suitable indicators of innovation.

FINANCE AND ACCOUNTING

127-135 726
Abstract

The purpose of the research is based on the study of the international practice of identifying systemically important banks, clarify the methodology for their assessment, identify systemically important banks for the economy of Kazakhstan, classify them and substantiate the need for a differentiated approach in regulating banking activities.
Methodology. To implement the set tasks, the article uses the methods of logical and statistical analysis, observation, generalization, comparison and classification. The works of foreign and domestic scientists and practitioners of international organizations and scientific centers, statistical data and reports of the National Bank of the Republic of Kazakhstan, country and industry reviews of leading rating agencies were studied.
Findings. A comparative analysis of the international practice of identification and regulation of systemically important banks is carried out, banks that have systemic importance for the economy of Kazakhstan are identified, their classification by the level of systemic importance is proposed, and approaches to their regulation are shown. The conclusions and recommendations can be used by the National Bank of Kazakhstan, banking supervisory authorities to improve the level and quality of corporate governance in large credit institutions and further improve the regulation of banking activities.

135-146 1150
Abstract

The purpose of this article. Is to analyze and assess the level of lending to small and medium-sized businesses in Kazakhstan based on statistical information for a number of years in the context of industries and regions of the country.
Methodology. Methods of quantitative analysis and synthesis, methods of statistical groupings and dynamic series, econometric methods, in particular, correlation and regression analysis are used.
Originality / value of research. This article uses methods of economic and economic-mathematical analysis to assess the level of lending to the most important sector of the economy: small and medium-sized businesses in the Republic of Kazakhstan. An attempt has been made to identify the links between important macroeconomic indicators: growth of gross domestic product, the weighted average interest rate on loans, and the volume of loans issued to small and medium-sized businesses. In addition, it should be noted that the main provisions of the study can be used in the work of state bodies when developing recommendations for improving the monetary policy of small and medium-sized businesses in the Republic of Kazakhstan. In addition, it should be noted that the main results of the study can be used in the work of state bodies in developing recommendations for improving the monetary policy of small and medium-sized businesses in the Republic of Kazakhstan.
Findings. On the basis of the study, an assessment of the small and medium-sized business lending market in the Republic of Kazakhstan is given, problems and shortcomings in this area are identified. The resulting equation of communication made it possible to confirm the thesis that the successful functioning of small and medium-sized businesses largely depends on the availability of financial resources.

146-157 693
Abstract

The purpose of the scientific article. Is to consider the features of accounting for biological assets of organizations engaged in agricultural activities, to study their compliance with the requirements International Accounting Standarts (IAS) 41 and to study methods for their assessment.
Methodology. A comparative analysis of the features in accounting for the valuation of plants and animals
that are biological assets in accordance with the requirements of IAS 41 "Agriculture". Problems identified in some countries with compliance with the standard. In the course of the study, the effectiveness of the application of the fair value methodology was determined.
Originality. The specifics of the scientific article are the features and procedure for applying standard 41 (IAS) "Agriculture" and determining the effectiveness of the fair value method in accounting for agricultural organizations.
Findings. Compliance with the requirements of IAS 41 "Agriculture" affects the quality of the financial statements. The standard requires disclosures about the types, values and changes of biological assets in the income statement. If this requirement is met, an objective assessment will be given and general information on the financial condition and results of agricultural organizations will be available.

SOCIAL ECONOMY

157-171 484
Abstract

The purpose of the research. Is identification of the real level and quality of life of the population of the Zhambyl region by the method of sociological research.
Methodology. The study used empirical (comparison, questioning) and theoretical research methods (analysis and synthesis). The use of a set of methods will allow you to study the problem under study from all aspects and parameters.
Originality / value of the research. On the basis of a sociological survey, an expert assessment of the work carried out to improve the quality of life of the population of the Zhambyl region was given.
Findings. The results of the study showed that there are several problem areas affecting the level and quality of life of the population in the Zhambyl region that need to be addressed. These problems relate to the social and economic policy of the region, as well as the search for possible options for improving the welfare of the population.

172-182 600
Abstract

The purpose of the study. Is to identify and consider Kazakhstani universities from the point of view of research and entrepreneurship, to identify the restraining elements of the transformation of Kazakhstani universities.
Methodology. The methodological basis of the research is to study the problem of reforming higher education based on the principles of consistency and the institutional approach.
Originality / value of study. The article reveals the problems of the educational and research sphere of higher educational institutions of the country and identifies possible ways (strategies) to solve them.
Findings. Entrepreneurship training can have a significant impact on students in terms of a successful career, which includes activities aimed at the formation of behavior, skills and competencies, which, in turn, increase economic, social and cultural value.



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