Pub Date : 2021-06-01DOI: 10.26577/be.2021.v136.i2.02
D. Jamshidi
{"title":"Islamic banking in Malaysia: from beginning to development phase","authors":"D. Jamshidi","doi":"10.26577/be.2021.v136.i2.02","DOIUrl":"https://doi.org/10.26577/be.2021.v136.i2.02","url":null,"abstract":"","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43027125","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-01DOI: 10.26577/be.2021.v136.i2.09
I. Mishchenko, V. Mishchenko, I. Bianchi
{"title":"Transition to the knowledge and high technology economy in pandemic conditions: experience in Russia","authors":"I. Mishchenko, V. Mishchenko, I. Bianchi","doi":"10.26577/be.2021.v136.i2.09","DOIUrl":"https://doi.org/10.26577/be.2021.v136.i2.09","url":null,"abstract":"","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44124035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-01DOI: 10.26577/be.2021.v136.i2.03
R. Abulkairovа, T. Zhurmaganbetova, G. Syzdykova
{"title":"The essence of financial recovery of companies in the modern Kazakh economy","authors":"R. Abulkairovа, T. Zhurmaganbetova, G. Syzdykova","doi":"10.26577/be.2021.v136.i2.03","DOIUrl":"https://doi.org/10.26577/be.2021.v136.i2.03","url":null,"abstract":"","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44245381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-01DOI: 10.26577/be.2021.v136.i2.06
O. Abraliyev
The performance of the agricultural market has the significant impact on maintaining the food security within the Republic of Kazakhstan. Therefore, the purpose of this research paper is to describe the current strategic position of the agricultural market of Kazakhstan. The research has value because its results may help the future researchers in defining the policies and recommendations for developing the agricultural sector of the Republic of Kazakhstan. The research methodology is based on the philosophy of epistemology because this paper is concerned whether the current strategic position of the agricultural sector in the Republic of Kazakhstan should be treated as the fact. Moreover, the presence of economic trends and links within the agricultural sector of the Republic of Kazakhstan would be evaluated through applying various scientific methods. The research results show that the gross output level in the agricultural sector of Kazakhstan in 2019 equals to 5151163 million tenge. Moreover, the following key success factors were found for the agricultural market in Kazakhstan: prices, innovation, creating trust with the consumers. The internal market analysis showed the following results: new entrant threat was medium, the supplier power was low, the power of buyers was medium, the substitution threat was high and the rivalry was high. It was worth noting that employees and shareholders were the most powerful stakeholders in the agricultural sector of Kazakhstan. тенге. Кроме того, были выявлены следующие ключевые факторы успеха сельскохозяйственного рынка в Казахстане: цены, инновация, создание доверия со стороны потребителей. Анализ внутреннего рынка показал следующие результаты: угроза для новых участников – средняя, сила поставщика – низкая, сила покупателей – средняя, угроза замещения – высокая, конкуренция – высокая. Стоит отметить, что сотрудники и акционеры были самыми влиятельными заинтересованными сторонами в аграрном секторе Казахстана. Ключевые слова: аграрный рынок, Казахстан, инновация,
{"title":"Analysing the current strategic position of the agricultural market of Kazakhstan","authors":"O. Abraliyev","doi":"10.26577/be.2021.v136.i2.06","DOIUrl":"https://doi.org/10.26577/be.2021.v136.i2.06","url":null,"abstract":"The performance of the agricultural market has the significant impact on maintaining the food security within the Republic of Kazakhstan. Therefore, the purpose of this research paper is to describe the current strategic position of the agricultural market of Kazakhstan. The research has value because its results may help the future researchers in defining the policies and recommendations for developing the agricultural sector of the Republic of Kazakhstan. The research methodology is based on the philosophy of epistemology because this paper is concerned whether the current strategic position of the agricultural sector in the Republic of Kazakhstan should be treated as the fact. Moreover, the presence of economic trends and links within the agricultural sector of the Republic of Kazakhstan would be evaluated through applying various scientific methods. The research results show that the gross output level in the agricultural sector of Kazakhstan in 2019 equals to 5151163 million tenge. Moreover, the following key success factors were found for the agricultural market in Kazakhstan: prices, innovation, creating trust with the consumers. The internal market analysis showed the following results: new entrant threat was medium, the supplier power was low, the power of buyers was medium, the substitution threat was high and the rivalry was high. It was worth noting that employees and shareholders were the most powerful stakeholders in the agricultural sector of Kazakhstan. тенге. Кроме того, были выявлены следующие ключевые факторы успеха сельскохозяйственного рынка в Казахстане: цены, инновация, создание доверия со стороны потребителей. Анализ внутреннего рынка показал следующие результаты: угроза для новых участников – средняя, сила поставщика – низкая, сила покупателей – средняя, угроза замещения – высокая, конкуренция – высокая. Стоит отметить, что сотрудники и акционеры были самыми влиятельными заинтересованными сторонами в аграрном секторе Казахстана. Ключевые слова: аграрный рынок, Казахстан, инновация,","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45594202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-20DOI: 10.26577/BE.2021.V135.I1.04
K. Myrzabekkyzy, A. Bolganbayev, D. Kelesbayev
The main purpose of this study is to determine the role of Kazakh women in the purchase process of white goods. We also aimed to reveal the role distribution inside the family. Moreover, we tried to determine the demographic and socio-economic variables that affect the role of women in the decision-making process of purchase decisions. Because of the rapidly changing economic conditions and intense competitive environment in Kazakhstan requires businesses to carefully perform customer analyses for a more successful marketing. Therefore, this study investigates the role of women in the purchase process of white goods in northern Kazakhstan (North, South, East and West). For this, we conscripted 396 Kazakh women living in Northern, Southern, Eastern and Western Kazakhstan and gave questionnaires to them. Primary data is collected via questionnaires using a proven scale and we used methods such as Cronbach’s Alpha Coefficient, Confirmatory Factor Analysis (CFA), and Structural Equivalency Model (SEM) in order to evaluate the results.
{"title":"The role of women in the process of buying white goods and an application for Kazakhstan","authors":"K. Myrzabekkyzy, A. Bolganbayev, D. Kelesbayev","doi":"10.26577/BE.2021.V135.I1.04","DOIUrl":"https://doi.org/10.26577/BE.2021.V135.I1.04","url":null,"abstract":"The main purpose of this study is to determine the role of Kazakh women in the purchase process of white goods. We also aimed to reveal the role distribution inside the family. Moreover, we tried to determine the demographic and socio-economic variables that affect the role of women in the decision-making process of purchase decisions. Because of the rapidly changing economic conditions and intense competitive environment in Kazakhstan requires businesses to carefully perform customer analyses for a more successful marketing. Therefore, this study investigates the role of women in the purchase process of white goods in northern Kazakhstan (North, South, East and West). For this, we conscripted 396 Kazakh women living in Northern, Southern, Eastern and Western Kazakhstan and gave questionnaires to them. Primary data is collected via questionnaires using a proven scale and we used methods such as Cronbach’s Alpha Coefficient, Confirmatory Factor Analysis (CFA), and Structural Equivalency Model (SEM) in order to evaluate the results.","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45531903","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-20DOI: 10.26577/BE.2021.V135.I1.01
A. Amirova, R. Ismailova
The article considers main aspects of transparency and accountability of government initiatives on the example of the project of a new remuneration system for civil servants. Therefore, the author ana-lyzes the project’s cost effectiveness in the context of a three-year period and two pilot bodies in order to develop recommendations for improving transformation processes. A special formula was developed and calculations were made taking into account the method of cost-effectiveness analysis based on the factors of the conceptual model of the author’s dissertation research. Thus, in addition to the effects indicated in the media by the authorized body (the project developer) on the factor “Human capital”, the study also covers a wider range of aspects, namely, factors such as “Leadership”, “Strategy”, “Organization”, “Resources” through the prism of “Citizen Centricity”. It was found that there were no significant positive changes in performance during the analyzed period. And in some areas of work (such as “Organization”, “Citizen Centricity”), there is a deterioration in results. Thus, the author summarizes the activities of local executive bodies as ineffective in relation to a two-fold increase in the wage fund. Taking this into account and the identified “bottlenecks”, a number of recommendations for improving the activities, including legislative initiatives, are proposed. In general, the results of the study have direct practical significance, since they build a platform for scaling the analysis to the remaining pilot bodies in order to make timely changes during the piloting of the new remuneration system.
{"title":"Cost-effectiveness analysis of new remuneration project towards accountable civil service","authors":"A. Amirova, R. Ismailova","doi":"10.26577/BE.2021.V135.I1.01","DOIUrl":"https://doi.org/10.26577/BE.2021.V135.I1.01","url":null,"abstract":"The article considers main aspects of transparency and accountability of government initiatives on the example of the project of a new remuneration system for civil servants. Therefore, the author ana-lyzes the project’s cost effectiveness in the context of a three-year period and two pilot bodies in order to develop recommendations for improving transformation processes. A special formula was developed and calculations were made taking into account the method of cost-effectiveness analysis based on the factors of the conceptual model of the author’s dissertation research. Thus, in addition to the effects indicated in the media by the authorized body (the project developer) on the factor “Human capital”, the study also covers a wider range of aspects, namely, factors such as “Leadership”, “Strategy”, “Organization”, “Resources” through the prism of “Citizen Centricity”. It was found that there were no significant positive changes in performance during the analyzed period. And in some areas of work (such as “Organization”, “Citizen Centricity”), there is a deterioration in results. Thus, the author summarizes the activities of local executive bodies as ineffective in relation to a two-fold increase in the wage fund. Taking this into account and the identified “bottlenecks”, a number of recommendations for improving the activities, including legislative initiatives, are proposed. In general, the results of the study have direct practical significance, since they build a platform for scaling the analysis to the remaining pilot bodies in order to make timely changes during the piloting of the new remuneration system.","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44865990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-20DOI: 10.26577/BE.2021.V135.I1.010
A. Balkibayeva, Zh. Yerzhanova Yerzhanova, A. Zhumagazieva, S. Lim
The contribution of small and medium-sized businesses to the Kazakhstan’s GDP is just over 27%, and the share of innovative enterprises in this sector of the economy is just over 0.98%. Currently the share of SMEs in Japan’s GDP is 95 percent, the United States – 80%, Western Europe – 60%. In order to be more economically stronger and independent of oil bondage for national economy is advised to increase SMEs proportion. The primer goal of this publication to raise concerns and recommendations on boosting digital literacy within SMEs owners, particularly in agribusiness and government structures. It is undeniable that without interconnection or as they say government-private partnership such capital needed processes like digitalization of business processes for both public and private success would not be seen. The further development of digitalization in agriculture is hindered not by the availability or weak development of Internet connections, as well as the lack of local systems for spreading knowledge and training specialists in the use of digital tools. For various solutions in the process of the study appropriate qualitative research methods have been used: monographic, analysis and synthesis, logical and abstractive constructional, etc. In this paper ongoing digitalization processes from government of Kazakhstan in general was presented, application of this process to one of the most important industry (agriculture) is shown, problems for further advancement of digitalization of economy is pointed and some developments were made. The object of research is the processes and tools of digitalization of decision-making used by small and medium-sized agribusiness in Kazakhstan. The findings of this study contribute to preparation and advancing of conceptual development of digitalization for business-government relationships, therefore increasing competitiveness of industry and economy intact.
{"title":"Development of digital technologies for agribusiness","authors":"A. Balkibayeva, Zh. Yerzhanova Yerzhanova, A. Zhumagazieva, S. Lim","doi":"10.26577/BE.2021.V135.I1.010","DOIUrl":"https://doi.org/10.26577/BE.2021.V135.I1.010","url":null,"abstract":"The contribution of small and medium-sized businesses to the Kazakhstan’s GDP is just over 27%, and the share of innovative enterprises in this sector of the economy is just over 0.98%. Currently the share of SMEs in Japan’s GDP is 95 percent, the United States – 80%, Western Europe – 60%. In order to be more economically stronger and independent of oil bondage for national economy is advised to increase SMEs proportion. The primer goal of this publication to raise concerns and recommendations on boosting digital literacy within SMEs owners, particularly in agribusiness and government structures. It is undeniable that without interconnection or as they say government-private partnership such capital needed processes like digitalization of business processes for both public and private success would not be seen. The further development of digitalization in agriculture is hindered not by the availability or weak development of Internet connections, as well as the lack of local systems for spreading knowledge and training specialists in the use of digital tools. For various solutions in the process of the study appropriate qualitative research methods have been used: monographic, analysis and synthesis, logical and abstractive constructional, etc. In this paper ongoing digitalization processes from government of Kazakhstan in general was presented, application of this process to one of the most important industry (agriculture) is shown, problems for further advancement of digitalization of economy is pointed and some developments were made. The object of research is the processes and tools of digitalization of decision-making used by small and medium-sized agribusiness in Kazakhstan. The findings of this study contribute to preparation and advancing of conceptual development of digitalization for business-government relationships, therefore increasing competitiveness of industry and economy intact.","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45218238","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-20DOI: 10.26577/BE.2021.V135.I1.02
A. Gbadebo
Corporate governance is a theory in which management supervision facilitates the decision-making process, both in public and private organizations. The study investigated the outcome of board characteristics such as the board size and board composition, audit committee size, leverage, and firm size on earning management (financial reporting quality) in listed deposit money banks in Nigeria from 1999 to 2018. The study employed a panel regression technique to analyse the relationship between financial reporting quality and board structure. Also, to determine the appropriateness of the estimation technique to adopt Hausman tests was carried out. For the determination of earnings management and to separate nondiscretionary accrual (NDAC) constituents from the total accruals (TA) to arrive at discretionary accrual (DAC) components, the studies of the Jones model (1991), as modified by Dechow and Sloan (1995) used. The Hausman test result revealed that Random Effect was the most appropriate estimator, in line with the null hypothesis. It was confirmed by the Breusch-Pagan Lagrangian multiplier, while the Breusch-Pagan/Cook-Weisberg test confirmed no heteroskedasticity. Panel regression results showed that (board size and board composition) has a significant positive impact on financial reporting quality. However, audit committee size and Leverage have positive but insignificant relation. Besides, firm size has a significant adverse effect on the dependent variable. In contrast, Leverage has a positive but no impact on the financial reporting quality of deposit money banks in Nigeria. The inferences are that board size, board composition,n, and firm size are significant variables influencing Nigeria’s financial reporting quality. Therefore, the study recommends that banks and regulatory authorities check the excessive acquisition of assets and numerical increase in audit committee members to enhance commercial banks’ financial reporting quality in Nigeria.
{"title":"Board structure and financial reporting quality of Nigerian listed deposit money banks","authors":"A. Gbadebo","doi":"10.26577/BE.2021.V135.I1.02","DOIUrl":"https://doi.org/10.26577/BE.2021.V135.I1.02","url":null,"abstract":"Corporate governance is a theory in which management supervision facilitates the decision-making process, both in public and private organizations. The study investigated the outcome of board characteristics such as the board size and board composition, audit committee size, leverage, and firm size on earning management (financial reporting quality) in listed deposit money banks in Nigeria from 1999 to 2018. The study employed a panel regression technique to analyse the relationship between financial reporting quality and board structure. Also, to determine the appropriateness of the estimation technique to adopt Hausman tests was carried out. For the determination of earnings management and to separate nondiscretionary accrual (NDAC) constituents from the total accruals (TA) to arrive at discretionary accrual (DAC) components, the studies of the Jones model (1991), as modified by Dechow and Sloan (1995) used. The Hausman test result revealed that Random Effect was the most appropriate estimator, in line with the null hypothesis. It was confirmed by the Breusch-Pagan Lagrangian multiplier, while the Breusch-Pagan/Cook-Weisberg test confirmed no heteroskedasticity. Panel regression results showed that (board size and board composition) has a significant positive impact on financial reporting quality. However, audit committee size and Leverage have positive but insignificant relation. Besides, firm size has a significant adverse effect on the dependent variable. In contrast, Leverage has a positive but no impact on the financial reporting quality of deposit money banks in Nigeria. The inferences are that board size, board composition,n, and firm size are significant variables influencing Nigeria’s financial reporting quality. Therefore, the study recommends that banks and regulatory authorities check the excessive acquisition of assets and numerical increase in audit committee members to enhance commercial banks’ financial reporting quality in Nigeria.","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45957915","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-20DOI: 10.26577/BE.2021.V135.I1.09
O. Noah
Infrastructure services are not only crucial for enhancing the welfare of the people but to also foster economic growth and development. Despite these essential services, there is a glaring infrastructure gaps in Sub-Saharan Africa more than any other region in the world. In the light of this and measurement problems associated with infrastructure development, it is therefore necessary to highlight the state of infrastructure development in SSA. This study examines the state of infrastructure development in SSA by considering 43 nations over the period of 2000 to 2018. Infrastructure development was proxied by the composite infrastructure index which include both the physical and social infrastructure. The study employed Principal Components Analysis (PCA) in building the aggregate or composite index, and descriptive statistics, stylized facts and correlation analysis were employed for the analysis of the data. Findings from this study reveal that infrastructural development has improved significantly in SSA for the period of study even though this is very low compare to the development attained in other regions of the world, and most of the improvement are from physical infrastructure, most especially telecommunication sector, and to a lesser degree, in health and water infrastructure. The study therefore recommends that stakeholders should engage in policies design that will improve infrastructure development in SSA most especially for the low income countries as majority of them were found at the bottom of ranking. This will help in closing the wide gap of inequality in access to infrastructure services among the SSA countries and other developing countries in other regions of the world.
{"title":"Examining the state of infrastructure development in Sub-Saharan Africa","authors":"O. Noah","doi":"10.26577/BE.2021.V135.I1.09","DOIUrl":"https://doi.org/10.26577/BE.2021.V135.I1.09","url":null,"abstract":"Infrastructure services are not only crucial for enhancing the welfare of the people but to also foster economic growth and development. Despite these essential services, there is a glaring infrastructure gaps in Sub-Saharan Africa more than any other region in the world. In the light of this and measurement problems associated with infrastructure development, it is therefore necessary to highlight the state of infrastructure development in SSA. This study examines the state of infrastructure development in SSA by considering 43 nations over the period of 2000 to 2018. Infrastructure development was proxied by the composite infrastructure index which include both the physical and social infrastructure. The study employed Principal Components Analysis (PCA) in building the aggregate or composite index, and descriptive statistics, stylized facts and correlation analysis were employed for the analysis of the data. Findings from this study reveal that infrastructural development has improved significantly in SSA for the period of study even though this is very low compare to the development attained in other regions of the world, and most of the improvement are from physical infrastructure, most especially telecommunication sector, and to a lesser degree, in health and water infrastructure. The study therefore recommends that stakeholders should engage in policies design that will improve infrastructure development in SSA most especially for the low income countries as majority of them were found at the bottom of ranking. This will help in closing the wide gap of inequality in access to infrastructure services among the SSA countries and other developing countries in other regions of the world.","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45820396","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-20DOI: 10.26577/BE.2021.V135.I1.06
S. Jumambayev, Zh. Temerbulatova, A. Dosmbek
For successfully solving the problem of entering Kazakhstan among the 30 developed countries of the world, a decisive transition to an innovative economy and the adoption of measures to modernize the labor market are required. Under “modernization of the labor market” it is proposed to understand the modernization in accordance with the latest scientific achievements, new requirements and norms in this area, adopted in the leading developed countries. The purpose of the article is to select the option of modernizing the labor market in Kazakhstan based on the analysis of labor market models of the leading developed countries of the world. The main directions of scientific research are determining the relationship between the models of socio-economic development of countries and their labor markets, identifying the features of labor market models, identifying of factors affecting the efficiency of the labor market and, accordingly, on the position of countries in the world according to the global competitiveness index (GCI). Scientific and practical significance of the work: different interpretation of the concept of “modernization of the labor market” is given, which led to comparative analysis of models of labor markets in developed countries and Kazakhstan. The methods of grouping, correlation and regression analysis were applied. The study of the relationship between GDP, employment, average wages and labor productivity allowed to characterize the features of the functioning of labor markets. The research results made it possible to concretize and systematize measures to modernize the labor market. The labor market modernization project should become an integral part of the program of economic reforms in the country.
{"title":"Models of labor markets in developed countries and Kazakhstan: a comparative analysis","authors":"S. Jumambayev, Zh. Temerbulatova, A. Dosmbek","doi":"10.26577/BE.2021.V135.I1.06","DOIUrl":"https://doi.org/10.26577/BE.2021.V135.I1.06","url":null,"abstract":"For successfully solving the problem of entering Kazakhstan among the 30 developed countries of the world, a decisive transition to an innovative economy and the adoption of measures to modernize the labor market are required. Under “modernization of the labor market” it is proposed to understand the modernization in accordance with the latest scientific achievements, new requirements and norms in this area, adopted in the leading developed countries. The purpose of the article is to select the option of modernizing the labor market in Kazakhstan based on the analysis of labor market models of the leading developed countries of the world. The main directions of scientific research are determining the relationship between the models of socio-economic development of countries and their labor markets, identifying the features of labor market models, identifying of factors affecting the efficiency of the labor market and, accordingly, on the position of countries in the world according to the global competitiveness index (GCI). Scientific and practical significance of the work: different interpretation of the concept of “modernization of the labor market” is given, which led to comparative analysis of models of labor markets in developed countries and Kazakhstan. The methods of grouping, correlation and regression analysis were applied. The study of the relationship between GDP, employment, average wages and labor productivity allowed to characterize the features of the functioning of labor markets. The research results made it possible to concretize and systematize measures to modernize the labor market. The labor market modernization project should become an integral part of the program of economic reforms in the country.","PeriodicalId":34596,"journal":{"name":"Khabarshysy Ekonomika seriiasy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45493627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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