THE CURRENT STATE AND PROSPECTS FOR THE DEVELOPMENT OF SMALL BUSINESS IN KAZAKHSTAN

THE CURRENT STATE AND PROSPECTS FOR THE DEVELOPMENT OF SMALL BUSINESS IN KAZAKHSTAN

Authors

DOI:

https://doi.org/10.55956/ZEQA5144

Keywords:

small business, medium-sized business, small and medium-sized entities, small and medium-sized businesses, regional economy, business entities, socio-economic development, market, investment, region

Abstract

Studying the importance of entrepreneurship in the development of the economy of the Republic of Kazakhstan, scientists in most cases consider it correct to increase their competitiveness, innovative activity and social significance in society. The stable development of many modern leading countries is directly related to this sector of the economy, their number is 70-99% of the total number of enterprises, 65-75% of gross domestic product. Currently, the development of small and medium-sized businesses is being actively discussed, since they are a fundamental and necessary element of the country’s socio-economic development system. In the article, the author, based on statistical data from the Republic of Kazakhstan and foreign countries, and literary sources, outlined a number of important tasks for the further development of small and medium-sized businesses.

References

1. Bodaubaeva, G.A. Transformation of small businesses into medium-sized ones in Kazakhstan: opportunities and mechanisms of integration. [Electronic resource] Institute of Economics of the KN MES RK, Almaty. Access mode: file:///C:/Users/galta/Downloads/145-139-1-PB%20(1).pdf Date of the application: 25.10.23.

2. Zarubina, V. R. Zarubin, M. Yu. Assessment of the development of small and medium-sized businesses in the Republic of Kazakhstan based on the integral index [Electronic resource] Central Asian Economic Review, Narxoz University, Access mode: https://caer.narxoz.kz/jour/article/view/72/71file:///C:/Users/galta/Downloads/72-137-1-SM.pdf date of the application: 25.10.23.

3. Overview of the small and medium enterprise (SME) sector, Halyk Research . [Electronic resource] https://halykfinance.kz/download/files/analytics/sme_082022.pdf date of the application: 27.11.23.

4. Statistical collection of small and medium enterprises in Zhambyl region, 2019-2022, Taraz 2020

5. Eurasian Economic Commission, REPORT on proposals for creating a favorable competitive environment for the development of entrepreneurship, unlocking the potential of small and medium-sized businesses (within the framework of clause 1.7.2. Action Plan for the implementation of Strategic Directions for the Development of Eurasian Economic Integration until 2025, approved by the Council of the Eurasian Economic Commission on April 5, 2021) Access mode: https://eec.eaeunion.org/upload/medialibrary/eb4/Doklad.pdf date of the application: 28.11.23.

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Published online

2025-02-20

Issue

Section

Economics and environmental sciences
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