The Impact of Kazakhstani External Debt on the Economy of Republic
https://doi.org/10.47703/ejebs.v1i55.10
Abstract
The purpose of this article is to analyze the dynamics and structure of the external debt of the Republic of Kazakhstan. This article analyzes the prerequisites for increasing and the current state of the external debt of the Republic of Kazakhstan, which from the point of view of the country's economic security are the most significant.
Regarding methodology, we used system, logical, comparative-analytical, expert methods, as well as methods of generalization, grouping, analysis and synthesis. The provisions and conclusions are illustrated by statistical data presented in tables, diagrams, diagrams, accompanied by references to scientific literature and legal acts.
The results obtained allow us to give clear recommendations that can contribute to the creation of an effective, more advanced system for managing the external debt of the Republic of Kazakhstan. The proposed recommendations will directly affect the removal of excessive burden on the Kazakh budget and the release of financial resources to address current economic and social problems of the country.
The novelty of the article research as a whole lies in clarifying the theoretical foundations and key methods of the external debt management system of the Republic of Kazakhstan, taking into account factors of the external and internal economic environment.
The significance of these studies lies in the development of conclusions and recommendations that can contribute to the creation of an effective, more advanced system for managing the external debt of the Republic of Kazakhstan.
About the Authors
Rysbek Bissembay
University of International Business
Kazakhstan
Kazakhstan
Olga Koshkina
University of International Business
Kazakhstan
Kazakhstan
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Review
For citations:
Bissembay R., Koshkina O. The Impact of Kazakhstani External Debt on the Economy of Republic. Eurasian Journal of Economic and Business Studies. 2020;55(1):16-36. https://doi.org/10.47703/ejebs.v1i55.10
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