Investment cooperation as a digital economy development method for the Republic of Kazakhstan and the EU
Otarbayeva A.B. Arupov A.A. Abaidullayeva M.M. Dadabayeva D.M. Khajiyeva G.U.
December 2024Elsevier Ltd
World Development Perspectives
2024#36
In modern conditions, the digitalisation of the economy is a vital part of any countrys development. It not only reduces costs for transactions but also increases the efficiency of many internal processes, especially managerial ones. Thus, it remains relevant in general to consider the opportunities for the development of digitalisation in a country. For this research, the study is conducted in the context of investment cooperation, using the example of Kazakhstan and the European Union. The research aims to show how this form of interaction between countries affects the development of the digital economy. The main scientific methods were analysis, abstraction, prediction, deduction. The study assessed the general features in the context of investment cooperation between the countries of the European Union and described the specifics of interaction between the countries. Subsequently, it was briefly described how the digital economy is developing in the Republic of Kazakhstan. Investment in the latest technologies has not been sufficiently effective in the country, due to general macroeconomic conditions and political instability, as well as inefficiency of state authorities. The study also assessed the relationship between Kazakhstan and the European Union in terms of the development of the digital economy and described joint projects in this area. This study brings new knowledge for the development of the digital economy, as well as a better understanding of the current development of the Republic of Kazakhstan and the European Union.
Digitalisation , Innovation , International relations , Latest technologies , Transactions
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Department of International Relations and World Economy, Al-Farabi Kazakh National University, 050040, 71 Al-Farabi Ave., Almaty, Kazakhstan
Department of World Economy, Institute of World Economy and International Relations, 050013, 16-18, 18A Satpayev Str., Almaty, Kazakhstan
Department of World and National Economy, Turan University, 050013, 16A Satpayev Str., Almaty, Kazakhstan
Department of International Relations and World Economy
Department of World Economy
Department of World and National Economy
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