Capital inflow and investment attractiveness of Central Asian countries (on the example of Kazakhstan)
Nurasheva K.K. Shalabayev I.I. Abdikerimova G.I. Kulanova D.A. Mergenbayeva A.T.
September 2024Elsevier B.V.
Regional Science Policy and Practice
2024#16Issue 9
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 Kazakhstans 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.
Central Asian subregion , Competitiveness , Direct investment , Economic growth , Investment potential , Portfolio investment
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Department of International Tourism and Service, M. Auezov South Kazakhstan University, 5 Tauke Khan Ave, Shymkent, 160012, Kazakhstan
Department of Management, Shymkent University, 131 Jibek Joly Str, Shymkent, 160031, Kazakhstan
Department of Economics, M. Auezov South Kazakhstan University, 5 Tauke Khan Ave, Shymkent, 160012, Kazakhstan
Department of Management and Marketing, M. Auezov South Kazakhstan University, 5 Tauke Khan Ave, Shymkent, 160012, Kazakhstan
Department of Economic Theory, M. Auezov South Kazakhstan University, 5 Tauke Khan Ave, Shymkent, 160012, Kazakhstan
Department of International Tourism and Service
Department of Management
Department of Economics
Department of Management and Marketing
Department of Economic Theory
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