Assessment of Trends in the Development of Regional Differences in Kazakhstan
https://doi.org/10.47703/ejebs.v3i67.284
Abstract
The aim of the current study is to assess regional differences in urban development in Kazakhstan using ten indicators classified by financial and economic health, business development, and standard of living. The data from 2018 to 2022 was analyzed, and a rating system was used to evaluate the regions. The data was collected from open sources. A literature review was conducted to determine the leading ten indicators. The research methodology used a rating system to identify leader regions and lag over the past five years. Ten points evaluated each indicator; as a result of all calculations, the maximum score could reach 100 points. The best five-year result was 63.1 in Astana city, 60.8 in Almaty city and 59.6 in Atyrau region. The lowest indicator is in the North Kazakhstan region - 23.7 points, followed by the Kyzylorda region (24.4) and Pavlodar region (25.3). Almaty and Astana cities excel in financial contributions, while other regions receive significant funds based on various factors such as natural resources. The analysis reveals low entrepreneurship development but an increasing number of SMEs. Population growth is observed in the cities of Astana and Almaty, while regional disparities in wages and poverty levels persist. Atyrau region is an industrial region with a low retail rate. The study's results can be used to implement regional development programs.
Keywords
Economy,
Economic Indicators,
Social Indicators,
Region,
Regional Development,
Rating,
Cities,
Kazakhstan
Supporting agencies: This research has been funded by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan (Grant “Development Strategy of Kazakhstan Regional Potential: Assessment of Socio-Cultural and Economic Potentials, Roadmap, Models and Scenarios Planning” BR18574240).
About the Authors
Raigul Doszhan
Al-Farabi Kazakh National University, Almaty
Kazakhstan
Kazakhstan
PhD, Associate Professor, Email: raiguldos2011@gmail.com
Akbota Anessova
Akan Nurbatsin
University of International Business named after K. Sagadiyev, Almaty
Kazakhstan
Kazakhstan
PhD candidate, Email: nurbatsin.a@uib.kz
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Review
For citations:
Doszhan R., Anessova A., Nurbatsin A. Assessment of Trends in the Development of Regional Differences in Kazakhstan. Eurasian Journal of Economic and Business Studies. 2023;67(3):17–32. https://doi.org/10.47703/ejebs.v3i67.284
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