The current state of competitiveness of economy of the Republic of Kazakhstan

The article covers the problem of competitiveness of the economy of the Republic of Kazakhstan. The state of competitiveness of the country is analyzed using the data of the global competitiveness index according to the World Economic Forum. The main macroeconomic indicators of Kazakhstan, the size of the subsistence minimum, the dynamics and level of inflation in the country, the main indicators of the external trade of the Republic of Kazakhstan are considered. The analysis of the dynamics of development of small and medium-sized businesses is made. The inflation rate was identified at the end of the year, which confirms that inflation was throughout the year within the boundaries of the target corridor of the National Bank of the Republic of Kazakhstan. Revealed inflationary expectations were formed under the influence of short-term shock events in the energy and fruit and vegetable markets. The indicators of the aggregate price index of Kazakhstani exports, the price index for imports, and the output indicators of small and medium-sized businesses are analyzed. Indicators in the total number of small and medium-sized businesses, the share of individual entrepreneurs, legal entities of small entrepreneurship, peasant or farm enterprises, legal entities of medium entrepreneurship are given. In conclusion, it was concluded that the economy of Kazakhstan remains extremely dependent on commodity prices, and the raw materials market is volatile and unpredictable. The authors showed that reducing this dependence requires the conservatism of macroeconomic policies to be less dependent on oil price forecasts and flexible enough to react to external shocks optimally, quickly and predictably, including oil prices and the ruble rate against the US dollar.

экономическое развитие, конкурентоспособность, экспорт, импорт, прожиточный минимум, инфляция, предпринимательство, показатели, economic development, competitiveness, exports, imports, subsistence minimum, inflation, enterpreurship, indicators, economic development, competitiveness, exports, imports, subsistence minimum, inflation, enterpreurship, indicators, экономикалық даму, бәсекеге қабілеттілік, экспорт, импорт, күнкөріс минимумы, инфляция, кәсіпкерлік, көрсеткіштер

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