Home> Archive> 2019> Volume 9 Number 4 ( Nov. 2019)
IJSSH 2019 Vol.9(4): 111-117 ISSN: 2010-3646
doi: 10.18178/ijssh.2019.V9.1001

Ways of Development of the Region Economy by Means of Market Tools of Management (in Terms of Kazakhstan)

Kulyanda Nurasheva, Darikul Kulanova, Gulzhanar Abdikerimova, Аziza Mergenbayeva, Assel Orymbassar, and Aygerim Alibek

Abstract—The purpose of the study is to present the socio-economic problems of the regional economy and ways of development by means of market tools of management. In the course of the study logical conclusions, system’s analysis and statistical analysis have been used. Questionnaire and interviewing of representatives of various social groups have been conducted by method of random sample. It has been found that economic methods of management are used weakly, many reforms do not work at the local level. Weakness of the institutes of development, instability of the banking sector prohibit the stock market development; inflation and depreciation of the national currency take place. Personal income of part of the population is not sufficient as a source of saving, this decreases the possibilities to invest means into assets. Interview showed that the population is ready to save up to buy security papers, however it is suggested to solve the problem in complex: there are large enterprises in the country which must be enlarged, modernized, by means of this to create innovative economics, this will give an impulse to develop the stock market. Suggestions have been made to establish an innovative business-structure which will combine in itself the production and financial constituents. Using the example of the cotton-textile cluster the bill of exchange circulation is shown. To involve the idle cash of the population and enterprises into circulation, to increase the investment attraction it is suggested to finance the projects which are socially significant for the region by means of issue of municipal bonds. The ways of solving regional problems by means of market tools of management presented in the article, are of interest for the countries with developing economy

Index Terms—Business structures, cluster, market tools of management, municipal bonds, region, social problems.

Kulyanda Nurasheva is with the M. Auezov South Kazakhstan State University (SKSU), Shymkent, Kazakhstan (e-mail: nurasheva@mail.ru).
Darikul Kulanova, Аziza Mergenbayeva, Gulzhanar Abdikerimova, Assel Orymbassar and Aygerim Alibek are with SKSU, Shymkent, Kazakhstan (e-mail: k_dana_a@mail.ru, aziza.mer.69@mail.ru, abdikerimova71@mail.ru, assel.orymbassar@gmail.com, alibek_daiana@mail.ru).

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Cite: Kulyanda Nurasheva, Darikul Kulanova, Gulzhanar Abdikerimova, Аziza Mergenbayeva, Assel Orymbassar, and Aygerim Alibek, "Ways of Development of the Region Economy by Means of Market Tools of Management (in Terms of Kazakhstan)," International Journal of Social Science and Humanity vol. 9, no. 4, pp. 111-117, 2019.

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