Capital inflow and investment attractiveness of Central Asian countries (on the example of Kazakhstan)

Despite their significant resource potential, Central Asian countries face acute challenges in realizing their investment potential due to socio-economic issues, an unfavourable investment climate, and regional tensions. The research aims to analyse Kazakhstan's leading economic growth in Central Asia to assess the current situation and derive recommendations for enhancing investment potential and attractiveness. The complex of methods used in the research process includes analysis, synthesis, induction, deduction, comparison, abstraction, statistical methods of analysis, and a systematic approach. It was determined that among the Central Asian economies, only the Republic of Kazakhstan and Uzbekistan provided significant gross domestic product growth and positive dynamics of capital inflows. The results of Kazakhstan are ensured by more successful implementation of institutional reforms, multi-vector approach and openness to integration processes.