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Mustafa Shockay about the problems of financial and economic crisis of 1929-1933

Abstract

The publication of the 12th volume edition of the previously unpublished works of Mustafa Shokay, in our opinion, will significantly enrich the history of economic thought in Kazakhstan. In the socio-political activities and analytical researches, he, one of the founder of Alash movement and the leader of the Kazakh opposition to the Soviet government outside the USSR, paid considerable attention to the socio-economic processes that took place in that period in the world area, and in countries of various continents in particular. The socio-economic problems arising from the instability of economic development in the state of market economy system, interdependence and intersectionality of socio-economic and political processes, at different stages of the economic cycle, have always been the focus of attention on the study of Mustafa Shokay. During the period of economic crises, recession and stagnation, the number of unemployed army increased significantly, the real wages decreased, and accordingly, the deterioration of the welfare of the majority of the population-the working masses. In the presented article, two scientific works of the researcher are considered: “The financial crisis in Germany” and “The English crisis”. The author, in his writings on the basis of analysis, notes the general and the particular in the actions of the financial and economic crisis in these states. In the final part, an assessment of his contribution to the development of the economic science of the Republic of Kazakhstan on the problems of economic cycles at the present stage is given.

About the Authors

A. N. Dogalov
L.N.Gumilyov Eurasian National University
Kazakhstan


N. S. Dosmaganbetov
L.N.Gumilyov Eurasian National University
Kazakhstan


B. O. Kairanbekov
L.N.Gumilyov Eurasian National University
Kazakhstan


Review

For citations:


Dogalov A.N., Dosmaganbetov N.S., Kairanbekov B.O. Mustafa Shockay about the problems of financial and economic crisis of 1929-1933. Bulletin of "Turan" University. 2018;(4):131-135. (In Russ.)

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