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Perspective vectors of forced development of small and medium enterprises in the Republic of Kazakhstan

Abstract

The article notes that over the years of independence, Kazakhstan has not achieved the best indicators of development of SME, its contribution to the economy of the country. This was due to gaps in the creation of a sound economic infrastructure and framework conditions for business. In this regard, the work outlined the complex of breakthrough actions for the short and medium-term prospects to increase the share of small and medium enterprises in the gross domestic product of the republic. Namely, among short-term measures, it is proposed to increase the quota of SME for government purchases and purchases of state corporations, to resolve issues of transferring ownership to SMEs, to develop actively industrial cooperation, export orientation and innovation, and concessional lending. Among the medium-term measures the following ones are emphasized: changes in the principles and philosophy of state support for small and medium enterprises following the example of the US Administration for small business; the creation of a new legal model that effectively implements the target programs of assistance to the development of SME. The conclusion is drawn that the development of small business in the West is proceeding at a faster pace, as national authorities attach great importance to small business enterprises and provide them with support at the federal level. Even the former developing countries, with the development of small and medium businesses, made a big economic breakthrough. Small business in these countries is now a middle class, which serves as a base for the stable development of the economy.

About the Authors

A. N. Turginbaeva
Казахский национальный университет им. аль-Фараби
Kazakhstan


Z. B. Akhmetova
Казахский национальный университет им. аль-Фараби
Kazakhstan


References

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Review

For citations:


Turginbaeva A.N., Akhmetova Z.B. Perspective vectors of forced development of small and medium enterprises in the Republic of Kazakhstan. Bulletin of "Turan" University. 2018;(2):19-25. (In Russ.)

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)