Globalization in the Economies of Kazakhstan and Chinaстатья
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Статья опубликована в журнале из списка Web of Science и/или Scopus
Дата последнего поиска статьи во внешних источниках: 10 июля 2024 г.
Аннотация:Globalization and regional integration are the main trends of the world economy. With the growing globalization of political, economic and social processes there no country that can isolate itself from the modern world and cross-border processes. In our research we discuss the features of globalization in the economies of China and Kazakhstan, the existing problems and their possible solutions. The purpose of our research is to determine the impact of globalization on the level of GDP, exports and import, as well as to identify the ways for building the most effective economic and political activity. The research is based on the comparative method, which was used to analyze the economic indicators of the globalization of China and Kazakhstan; system analysis, which was used to analyze the system of international contacts of the countries under consideration and global processes. In order to get more accurate results we also constructed GDP scenarios for China and Kazakhstan to 2019. The optimistic scenario we have built is based on the resolution of debt issues and the progressive development of the economy. The results suggest that in the optimistic scenario in 2019, the GDP OF Kazakhstan and China will increase by 2.6% and 6.7%, respectively. This will happen provided that the world price of oil is $ 40 a barrel. The analysis of the scientific literature helped to conclude that the countries under consideration should change the raw material orientation of the economy towards the export of manufactured goods, which are characterized by a higher turnover rate and higher requirements for human capital. This will contribute to the growth of the population's well-being.