The purpose of the study. Is to identify economic factors that have a decisive influence on the development of regional identity in Central Asia.
The methodology. For studying the regional identity of post-Soviet Central Asia is based on the synthesis of various methods and techniques, at the same time, in order to ensure the reliability and comparability of the results obtained with their help.
Originality / value of the research. Regional identity is studied by representatives of various scientific fields: philosophers, sociologists, political scientists, linguists, geographers, economists, etc. Each of them is in the process of creating its own methodological apparatus and research tools, which indicates the interdisciplinary nature of this phenomenon. The works of most authors are mainly aimed at studying the processes of regional economic integration, in connection with which the value of this work is manifested, aimed at studying the economic aspect of the identity of the Central Asian region.
Research results. Strengthening regional identity in the economic sphere can be carried out through the development of export-import potential, multilateral cooperation at the informal and formal levels, the formation of interstate-private partnerships in export-oriented industries, the creation of interstate territorialproduction clusters, border free economic zones such as technopolises and technoparks, joint ventures for the processing of agricultural products, the development of regional logistics systems and modern regional transport and logistics infrastructure.

The purpose of the study. To reveal foreign experience in the implementation of the main methodological approaches to the construction of macro-logical systems in the context of globalization of the economy with the subsequent specification of the mechanisms of their development.
Methodology. The study was conducted using analytical and synthetic methods, a comparative analysis method. The sources of the study were theoretical and analytical articles, works of foreign authors, which examine global global trends in the progressive evolution of global macro-logical systems.
Originality / value of the research. The author revealed the principles of the effective formation of global macro-logistic systems, taking into account the clear concretization of the management of both material and intangible logistics flows. The economic and organizational foundations of logistics in developed foreign countries are clearly indicated.
Findings. In foreign practice, as part of the phased evolution of macro-logical systems, the organizational foundations of their development are formed, focused on the intensification of both material and intangible flows. In countries with developed economies, special attention is paid to the development of such organizational elements of logistics as: a complex of state measures for investment support of logistics systems, the development of logistics centers, the functioning of a wide range of logistics elements to support intangible flows. At the present stage, in the conditions of industrialization 4.0, in foreign countries, maximum attention is paid to the intensification of intangible logistics flows focused on the development of an innovative economy.

Purpose of the research. To identify the ways for improving the efficiency of the corporate governance models adopted and ways for harmonization of the legislation in countries -members of the Eurasian Economic Union effective January 1, 2015.
Methodology. Evaluation of the corporate governance models adopted at the national level in countriesmembers of the Eurasian Economic Union has been performed based on the analysis of the legislation. To grasp a practical ramifications of norms envisaged in the laws, an in-depth interview with corporate lawyers of Kazakhstan has been conducted.
Originality / value of the research. This research examines to what extent the right of shareholders, regardless of the country of origin and his/her share in the capital of the corporation, to be represented in the boards for the purpose of protection of their interests, could be realized in countries – members of the Eurasian Economic Union. Further, this study looks at the role of independent directors in the process of realization of the rights of investors in selected jurisdictions.
Findings. The results of the research undertaken demonstrate notable deficiency in implementing an effective corporate governance model in courtiers – members of the Union. In this study ways for improving the efficiency of the corporate governance models and for harmonization of the legislation of countries –members of the Eurasian Economic Union are offered.

Owing to its favorable business climate, and productive bilateral relations with China, Kazakhstan is attracting increasing Chinese entrepreneurship to emerge in this country, hence Chinese managers are facing the challenges of cross-cultural management and looking for solutions to them.
The purpose of this study. Is to identify similarities and differences between Kazakh and Chinese culture, and provide implications to enhance managerial practices where two cultures collide.
Methodology. We built up an integrative framework of national culture, and conducted the comparative analysis with an analytical approach.
Originality / value of the research. We attempted to fill the void since there has been very little previous work on comparative study of the two cultures. Our integrative model, and analytical method also offered originality. The results and implications will guide the cross-cultural managers working in these two cultures, especially Chinese managers in Kazakhstan.
Findings. Similarities of the two cultures are hierarchy, collectivism, harmony, polychronism, particularism, diffuse, and human nature. Differences are mainly found in physical space dimension, and neutral-affective dimension; and reflected in other aspects of uncertainty avoidance, gender egalitarianism, long-term orientation, masculinity, assertiveness, and punctuality.

Purpose of the research. Comparative analysis and evaluation of the competitiveness of Kazakhstan’s regions in modern conditions.
Methodology. The article uses rating model for evaluating competitiveness of Kazakhstan’s regions based on indices, developed by Agency for research on investment profitability, operating under National chamber of Entrepreneurs of Kazakhstan (rating of competitiveness of Kazakhstan’s regions).
Originality / value. Classification of regions is carried out according to analysis of main socio-economic indicators of Kazakhstan regions, which originates in Concept of regional policy. The authors also calculated main indicators of competitiveness index of Kazakhstan regions according to National chamber of Entrepreneurs of Kazakhstan in order to determine the specifics of regions and identify directions for developing regional strategies.
Findings. Carried out analysis revealed the strengths and weaknesses of the regions of Kazakhstan. It is emphasized that a high level of regional competitiveness cannot be achieved without development of human resources and their rational use. In general, directions of regional policy are determined by chosen development scenario. The approach proposed by authors to methodology for evaluating regional competitiveness has a number of advantages - it reflects the specifics of regions, allows seeing the nearest competitors and determining directions of the region’s development strategy.

Purpose of the research. Is to reveal the essence and significance of the assessment of intellectual potential in the regional economy.
Methodology. Approaches to the formation and use of the intellectual factor of development based on innovative management as a mechanism for effective management are considered.
Originality / value of the research. The author's scheme of a systematic approach to the formation and use of the intellectual factor of development based on innovative management as a mechanism for effective management is proposed.
Findings. The in general the importance of assessing the intellectual potential and the degree of its effectiveness as a factor of economic development on an innovative basis is increasing at the regional level, which makes it imperative to develop scientific research in this direction.

Purpose of the research. The study aims to discover factors that predict student’s interest in pursuing science, technology, engineering, and mathematics (STEM) fields in relation to their social-economic background. Participants were 109 female students from STEM fields. Expectations and self-efficacy beliefs positively correlate with students choosing STEM fields, but did not differentiate between their interests in the fields of study.
Methodology. The research was carried out using a qualitative approach and involved conducting semi‐structured interviews.
Originality / value of the research. To examine this potential effect, self-determination theory was used to frame how the learning context influences the social and motivational outcomes of a STEM program for youth.
Findings. Reinforce the instrumental role of students’ positive perceptions of teachers in fostering a more desirable self-determined motivation for STEM program participation. STEM programs must consider and integrate new approaches that mitigate the negative impact of established structures and processes on student motivation for these programs and, potentially, interest in STEM careers.

The purpose of this research. Is to explore, analyze and suggest whether Light Rail Transit (LRT) will be effective in Almaty. Almaty is the biggest city in Kazakhstan. Good public transport is essential in big cities but the current public transport of Almaty is failing due to traffic jam. The city needs a combination of good public transport options.
Methodology. Current research applies qualitative methods including SWOT analysis. For this, data was collected using a questionnaire followed by analysis of data in excel.
Originality / value of the research. The construction of LRT will take less time compared to extension of metro. Also, under the local geological conditions (the city is located in a zone of nine-point seismicity), LRT is much more suitable than the metro. With the introduction of LRT, it is expected that with the availability of improved public transport system, people will gradually change the usage of their private vehicles to public transport.
The findings of this study. Will facilitate Almaty city authority to be convinced about the importance of LRT at the policy and decision making level to achieve modal shift to environment friendly transport options such as LRT.

The рurрose of the research. Is to search for рromising ways to oрtimize the рroduction рrogram of the bakery industry enterрrises.
Methodology. In the course of writing the рaрer, the authors used methods of emрirical, abstract, systematic and comрarative research. Each method is used aррroрriately for its functionality and resolution caрabilities to solve the corresрonding tyрes of рroblems.
Originality / value of research. When conducting the research, the authors used reliable actual statistical data in the form of tabular and illustrative material and diagrams. However, the overall value of the study is as follows:
- the essence of the conceрt of "рroduction рrogram" is studied and a direct connection with such categories as "рroduction рlan", "assortment" and "рroduction rhythm" is established»;
- the list of the main technical and economic indicators of the рroduction рrogram of the bakery industry enterрrises is defined;
- the main methods of рlanning the рroduction рrogram are studied;
- an analysis of the imрlementation of the рroduction рrogram of the bakery industry, including both internal and external factors that affect its formation;
- an economic assessment of factors affecting the volume of рroduction of bakery рroducts was рerformed.
Findings. As a result of the research, the authors рroрosed the following measures:
- oрtimize the bakery's рroduction рrogram by reducing transрortation costs;
- launch the рroduction of semi-finished рroducts as a direction of diversification of bakery activities;
- a рroject is рroрosed to create a workshoр for the рroduction of рasta.

Purpose of the research. Analysis of current issues of state support and financing of cinema as a separate socio-economic industry
Methodology. The study used methods of theoretical and empirical analysis, including description, synthesis, induction, as well as methods of factor and comparative analysis.
Originality / value of the research. In modern conditions of globalization, cinematography plays an important role in the economy of Kazakhstan as a form of creative industry. Given the importance of the field of cinematography, scientific research is currently relevant for improving the mechanisms of state support and financing of domestic film projects. The study describes the statistical indicators of Kazakhstani cinema and the dynamics of the industry over several years. Taking into account the positive foreign experience, a review of regulatory acts in the field of Kazakhstani cinematography is carried out.
Findings. Currently, in the financing of film projects in Kazakhstan, priority is given to national films. In the article, the author describes the essence and advantages of national films, their specificity as a domestic socially significant product. It also focuses on the basic conditions and requirements for financing national films and the benefits provided to domestic film producers. In addition, the issues of subsidizing a foreign legal entity for the production of a film or its part (episode) on the territory of the Republic of Kazakhstan were considered. At the same time, along with the economic benefits (profitability) of national films, their ideological significance and place in society were described.

The purpose of the study. Is to reveal the significance of sacred tourism in reviving the spirituality of society, educating the younger generation, and to show the place of sacred tourism in the general system of tourist services. This is due to the fact that the demand for tourism services and the desire to meet personal needs provokes the development of entrepreneurship in the tourism industry, as well as tourism infrastructure and suprastructure.
Methodology. The work used methods such as system analysis, synthesis, logical grouping and assumptions, on the basis of which conclusions were drawn about the further development of sacred tourism.
The originality / value of the research. Lies in the study of the development of sacred tourism in Kazakhstan, which has not been sufficiently studied in theory and practice, and is also not fully represented in official publications. The article shows the current state of sacred tourism and related infrastructure. The study of the development of sacred tourism in Kazakhstan is based on an analysis of the state and possibilities of sacred tourism diversification. The solution to the development of sacred tourism should contribute to the further economic, historical and cultural development of the country.
The results of the study. Give grounds to draw conclusions showing the importance of sacred tourism in the development of the spirituality of society and the younger generation, its problems and prospects for diversification.

The main purpose of the research. Is to collect and analyse data reflecting the consequences of the economic crisis and the use of crisis management tools to overcome negative consequences, and as a result, affecting the bankruptcy institution development in the Republic of Kazakhstan.
Methodology. In the course of the study, general scientific methods such as analysis, synthesis, induction, deduction and comparison have been applied. A special method of quantitative analysis, including grouping of primary data and statistical observation, is also actively used.
Originality / value of the research. The scientific value of this work is due to the growth in the economy of Kazakhstan caused by the global crisis and as a consequence of the bankruptcy institution evolution and the crisis management methods development on the enterprises of the country.
Findings. As a result of the research were highlighted the bankruptcy institutions development trends in the Republic of Kazakhstan, which affects for the development of the country's economy.

Purpose of the research is to conduct a “Bankometer” model test (S-score) for applicability in the banking sector of Republic of Kazakhstan, its ability to faithfully and accurately predict the probability of bank failure.
Methodology. During the research, bankruptcy forecasting model “Bankometer” was chosen as a methodological toolkit. To determine the predictive ability of the model, financial indicators of bankrupt banks (Kazinvestbank, Delta Bank, Qazaq Banki, Eksimbank Kazakhstan, Astana Bank) for 2 time periods were taken: approximately 2 years and 1 year before the date of deprivation of the license.
Originality / value of the research. According to the results of the study, the previously formulated hypothesis about the ability of the “Bankometer” model to reliably predict the bankruptcy of Kazakhstani second-tier banks (STBs) was refuted, since, as part of the S-score analysis, results demonstrate financial stability of these banks.
Findings. As part of improving this model, it seems appropriate to change the normative values of the coefficients Х1, X2, X3, as well as the integral indicator «S» for classifying a bank as financially stable and solvent. Also, it is important to review the structure of the equation for calculating the S-score. In addition, for completeness of the analysis, this calculation should be supplemented with other equally important indicators, for example, liquidity ratios, net interest margin, and risk sensitivity.

The purpose of the study. Is to consider topical issues related to the digitalization of agricultural production, the ease of doing business rating, and subsidies for the development and implementation of research and development projects.
Methodology. In the process of scientific research, almost all General scientific and economic-statistical methods were used, such as analysis, synthesis, deduction, comparison, historical, logical, and modeling.
Originality / value of the research. Due to the study of elements of digital technologies, international experience in digitalization of agricultural production according to the rating of ease of doing business, the availability of state subsidies for the development and implementation of innovations in agriculture.
Findings. Continuous improvement of economic aspects related to the digitalization of agricultural production in the Republic of Kazakhstan will allow all public and private enterprises in the agricultural sector to make the most reliable use of advanced scientific achievements of high-tech companies in the world.

The article is devoted to the study of the «Blockchain» technology, the essence and principles of its operation, as well as the prospects and possibilities of using this technology in registration and real estate transactions in Kazakhstan.
The purpose of the paper. Is the study of the possibilities of practical application of the «Blockchain» technology in registration and transactions with real estate and identification of barriers to its implementation, both in technical and legal nature. To achieve this goal are the following tasks:
1. Clarification of the meaning of the basic concepts, terms and principles of the «Blockchain» technology.
2. Conducting a comparative analysis of the advantages and disadvantages of the «Blockchain» technology.
3. Studying foreign experience of using the «Blockchain» technology in real estate registration.
4. Analysis of legal regulation of digital technologies in Kazakhstan.
5. On the basis of the conducted research, develop a conceptual model of registration and real estate transactions based on the «Blockchain» technology.
Methodology. In this work, along with theoretical methods of information research, such as analysis and synthesis of information were used historical, formal-logical, comparative and legal research methods, as well as the modeling method. In addition was applied statistical method of economic analysis of prices for real estate registration services.
Originality / value of the research. The research described is the primary information and is published by the author for the first time.
Findings. Studied and described the nature and operation of the technology «Blokchain». Analyzed the advantages and disadvantages of this technology. Reviewed and presented the experience of foreign countries, where projects have been implemented for the registration of real estate using «Blockchain» technology. Based on data on the properties, technology and work principles Blockchain practical examples developed a new model and registration of real estate transactions. An assessment of possible risks in the implementation of the «Blockchain» technology was carried out in the field of real estate registration. Developed some recommendations in terms of amendments and changes to the existing legislation regarding the regulation of digital technologies, including Blockchain, smart-contract and others. The research results can be used in drawing up a concept for the implementation of Blockchain technology in the field of real estate registration and in the development of legislative amendments related to Kazakhstani regulation of digital technologies, including Blockchain technology.