International models of interaction between the labor market and universities: opportunities for adaptation in Kazakhstan

It cannot be denied that serious measures are being taken in Kazakhstan at the governmental level to promote employment and education among the population. However, current developments are facing an imbalance in the labor market and the higher education market (hereinafter referred to as LM&HEM). In the context of rapidly changing trends in the fields of labor and higher education, the issue is no longer merely about the interaction of their mechanisms, but about their integration when, taken together, quantitative and qualitative satisfaction with employment among the population will be achieved, thereby enhancing the socio-economic stability of the country. It is relevant to study international experience on this issue and the possibility of its application in Kazakh practice. The authors tried to analyze successful foreign models of LM&HEM interaction. The features of market interaction through the use of foreign models are revealed, which undoubtedly have an impact on meeting the needs of its participants. An assessment of the effectiveness of their use by end users is given through an analysis of the opinions of university graduates and employers. The empirical research method was based on the analysis of theoretical scientific material, using the tools of economic and statistical analysis, the study was made up of OECD indicators. The studied international experience of LM&HEM cooperation has revealed the high role of using incentive financial mechanisms. However, for the successful implementation of foreign models in domestic practice, it is important to take into account financial and organizational constraints, and the ability to adapt international practices. The results obtained allowed the authors to systematize the main stimulating areas of LM involvement in educational policy, the experience of which can be applied and adapted in Kazakhstan. The study of international experience on this issue and the possibility of its application in Kazakhstani practice are of particular relevance.

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