INTELLECTUAL ECONOMICS 2008, Number 2(4)
Tonni RogachevaECONOMY OF KAZAKHSTAN IN COMPETITIVE DIMENSION
Mykolas Romeris University Publishing Centre. Vilnius. Lithuania 2008 Nr.2(4), p. 81-88
Abstract
The article analyses the economic development of Kazakhstan in competitive dimension. The author made a conclusion that according to the classification of economic development stages, current level of Kazakhstan’s economy allows to classify it as a mixed factor- and investment-driven type of development. For transition of Kazakhstan to an investment and innovation-driven stage and improvement of its competiveness, in the judgment of the author, it is necessary to intensify the influx of investments and scientific and technological progress to processing industry, directing accumulated financial recourses in country on innovation development of processing industry and cluster development of the national economy. At the same time for most of Kazakhstani enterprises the main goal of innovation development is the partnership with world producers, development of new technologies allowing to decrease the cost of production and to reduce the price of goods.
JEL Classification: O53.Keywords: competitiveness, factor-driven stage, investment-driven stage, innovations-driven stage, Kazakhstan.