The economy of Kazakhstan has performed strongly since the turn of the century, growing at an annual rate of 4.7 percent from 2006 to 2021. Sustained economic and productivity growth brought higher incomes and a period of prosperity. Between 2006 and 2021, the per capita gross domestic product...

In contrast to most Central, Eastern and Southeastern European (CESEE) economies, Central Asia (CA) - comprising Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - has witnessed quite robust demographic as well as economic growth in the period from 2019 to 2024. This period was...

This research aims to identify the dynamics of eco-innovations in Kazakhstan's small and medium-sized business sectors, as well as to assess the practical signifcance of these innovations for both ecology and society as a whole. To achieve this objective, a combination of methods was employed,...

Small and medium-sized businesses (SMEs) are an essential subject of economic activity in any country because, without their participation, the development and formation of the very structure of the economy are almost impossible. The role of SMEs is significant since these businesses allow for...

Innovation ecosystems use R&D inputs to generate innovation outputs first and innovation impacts later. But some countries show a relatively low transmission, such as in the case of Kazakhstan, the largest economy in Central Asia. This article analyzes the transmission from R&D into innovation...

After reaching 5.1 percent in 2023, growth is expected to slow to 3.9 percent in 2024, while inflation would decline to 8.2 percent. The banking sector remains resilient amid continued rapid consumer credit growth. A moderate current account deficit is expected this year. The outlook is subject...

Kazakhstan's economy is estimated to have grown by 4.0 percent in 2024. A temporary acceleration to 4.5-5.0 percent growth is projected in 2025, supported by a one-off surge in oil production, export growth, and continued fiscal stimulus. Growth is expected to moderate post-2025 due to...

Central Asian economies, particularly Kazakhstan and Uzbekistan, are pursuing increasingly ambitious goals for renewable energy. Apart from China - an established player in the market - it has increasingly been Gulf countries that have been implementing respective projects, particularly Saudi...

Der russische Krieg gegen die Ukraine und die geopolitischen Verschiebungen auf dem eurasischen Kontinent haben Zentralasien wieder verstärkt in den Fokus Deutschlands und der EU gerückt. Die strategische Regionalpartnerschaft der Bundesrepublik mit Zentralasien, die im vergangenen Herbst...

The purpose of the work is to identify factors influencing changes in the criminological portrait of a juvenile offender, features of its changes, as well as modern trends shaping the personality of a juvenile offender. The study gives reason to say that risk factors for involvement in criminal...

Kazakhstan's economic outlook for the next two years is one of steady growth, driven in part from its continued reliance on hydrocarbons and by stronger consumer spending. Real GDP is forecast to grow by 4.5-5 percent in 2025 as the expansion of production capacity in existing oilfields is set...

Classical organizational management literature draws clear parallels between organizational culture and climate and effective use of power and influence as key to successful policy implementation of reforms in public sector organizations. On the other hand, the public policy literature, in...

Based on the systematization of relevant problems in the agricultural sector of Kazakhstan and other countries, the purpose of the research is to aid in the development and implementation of a methodology for the econometric analysis of sustainability, the classification of economic growth, and...

This paper intends to assess the feasibility of introducing a lawyer's monopoly in Kazakhstan. The main purpose of the study is to analyze the current legal provisions of the Republic of Kazakhstan regarding judicial representatives authorized to provide legal assistance on behalf of civil...

The present study examines the issues of regional development of Kazakhstan in the context of history and real events. The relevance of the study is due to the need to search and adapt the accumulated advanced experience in regional development as a part of smoothing the differentiation of...

Today's migration is a rather complex and controversial process. Having a number of advantages and positive results for the development of the receiving and sending countries, it also leads to negative consequences. The more a country's population is involved in migration processes, the more...

The relevance of the study is conditioned by the fact that the model of environmental accounting and auditing formed in the state can have a significant impact on the financial results of industrial enterprises. Within the framework of the sustainable development goals, environmental issues have...

In this study, we investigate the employers' attitude towards Russian migrants in Kazakhstan's labor market. We conduct a field experiment by sending over 1600 fictitious job applications to real job openings posted on one of the largest job search portals in the country. The job applicants...

The development of cross-border tourism between neighboring countries has become increasingly popular in recent decades. In European countries where the visa-free regime is established, this scheme is well developed and positively affects the development of the country's economy. Developing...

Russia's war against Ukraine and the geopolitical shifts on the Eurasian continent have brought Central Asia back into the focus of Germany and the EU. Germany's strategic regional partnership with Central Asia, which was announced last autumn, offers promising potential for cooperation....

Kazakhstan is vulnerable to transition risk due to the importance of its energy- and emissions-intensive sectors. Domestic and global climate policies would negatively affect Kazakhstan's economy, its firms, industries, and banks, with heterogenous impacts across industries and banks. Using both...

Kazakhstan saw a significant increase in crypto mining in 2021 following a ban on mining in China. Volatility in crypto markets and energy shortages, coupled with a prohibition on the circulation of crypto assets in Kazakhstan, reduced the size of the market by the following year. While retail...

In 2019 the responsibility to supervise the financial sector of Kazakhstan was assigned to the newly established Agency for the Regulation and Development of the Financial Market (ARDFM); however, ARDFM independence is not enshrined in the legislation. While ARDFM has introduced a risk-based...

Following Kazakhstan's recovery from the 2014-15 decline in oil prices, the country was hit by a series of shocks, starting with the COVID-19 pandemic, then the January 2022 social unrest, and most recently the fallout from Russia's invasion of Ukraine. So far, that has had limited impact on...

Growth is estimated to have reached 4.8 percent in 2023 and is projected to slow to 3.1 percent in 2024. Inflation declined to 9.8 percent in 2023, still well above the National Bank of Kazakhstan (NBK)'s target of 5 percent. Risks to the outlook are tilted to the downside. The state's footprint...

The key goal of this research is to propose a method (and a tool) to explore the evolution of the energy sector in Kazakhstan subject to a flexible "user-defined" criterion (e.g. perception of risk of competitiveness loss for the system), so as to trigger the transition towards the emission...

The article focused on customer loyalty and examined the factors that influence end-users' loyalty and attitudes towards domestic manufacturers. Factors such as price, quality, place, promotion, satisfaction, awareness, and trust were chosen to measure customer loyalty towards domestic...