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Analysis of Investment Factors of the Economic Mechanism of Reindustrialization in the Republic of Kazakhstan

DOI: 10.34130/2070-4992-2019-2-61-66

UDK 332.145 (4/5)

Full article 

Talimova L. A. — Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan; Doctor of Economics, Professor, Head of the Department of Banking, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Kasymova N. Sh. — International University of Kyrgyzstan, Bishkek, Kyrgyz Republic; PhD Student, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Zambinova G. K. — Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan; Candidate of Economic Sciences, Associate Professor of the Department of Tourism and Restaurant Business, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Moldakhmetov R. K. — Karaganda Economic University of Kazpotrebsoyuz, Astana representative office of «Center for distance learning», Astana, Kazakhstan; Candidate of Economic Sciences, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

The article analyzes the investment factors of the economic mechanism of reindustrialization in the Republic of Kazakhstan at the present stage. The state policy of reindustrialization of the national economic system in the framework of achieving sustainable development priorities requires the development and implementation of an appropriate economic mechanism. The main objective of the economic mechanism is to ensure that economic measures achieve the objectives of industrial policy. The methodology of the study is to determine the main trends in the development of investment processes in the industry of Kazakhstan, through the analysis of the sectoral structure of investment and determine the main trends in the regions. According to the results of the analysis of statistical data, it is determined that the state policy of industrial-innovative and technological development aimed at the reindustrialization of industry could not adjust the trends of strengthening the role of the mineral sector, as evidenced by the growing trend of investment in the mining industries. In general, positive trends in the activation of investment activity in the Republic, in particular in the mining industry, have been established. The analysis of investments by branches of economy gives the basis to speak about their considerable positive dynamics for the considered period. Changes in the volume of investments in fixed assets were achieved primarily due to favorable trends in the economy of the Republic, successful investment policy, created conditions for the growth of domestic investment and attraction of foreign capital. The problem of the development of the investment process in the manufacturing and service industries should be solved by targeted government programs, and the development of technological chains of processing of raw materials in the country.

Keywords: reindustrialization, economic mechanism, investment factors, sectoral structure of investment, investment policy

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For citation: Talimova L. A., Kasymova N. Sh., Zambinova G. K., Moldakhmetov R. K. Analysis of Investment Factors of the Economic Mechanism of Reindustrialization in the Republic of Kazakhstan // Corporate Governance and Innovative Economic Development of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Capital of Syktyvkar State University. 2019. No. 2. P. 61–66. DOI: 10.34130/2070- 4992-2019-2-61-66.