The state policy of service sector development in the Republic of Kazakhstan
DOI:
https://doi.org/10.15549/jeecar.v6i1.255Keywords:
the sphere of services, government programs for the development of service industries, public investment in services, employment in the services sector.Abstract
Scientific-methodical approaches of identifying the main factors for attracting deposits in the Ukrainian banking system are presented in this paper. The author offers the following procedure: a comparative analysis of the long-term dynamics (2000–2017) of the placement of deposits in Ukrainian, Belarussian, and Polish banking systems as a result of socio-economic development trends in these countries; an estimation at the macroeconomic level of the factors influencing this process, using methods of principal components analysis and factors classification; and detection of regression-correlating dependencies between the grouping variable (deposit volume) and variables of analysis through the sample regression function identification for these countries. The theory that attraction of deposits to the Ukrainian banking system was turbulent due to both the insufficient development of other financial market institutions and the prudent behavior of national economy agents is substantiated. Activation of bank deposit activity was found to be connected with measures of demographic situational improvements, thus ensuring the economic freedom of business entities in a hybrid war with the Russian Federation.
References
steps to prosperity (2017). Retrieved June 21, 2018 from http://www.gov.kg/wp-content/uploads/2017/08/40_rus.docx (Original work written in Russian)
Bell, D., (1973). The coming of Post-Industrial society https://www.os3.nl/_media/2011-2012/daniel_bell_-_the_coming_of_post-industrial_society.pdf
Committee on Statistics of Ministry of National Economy of the Republic of Kazakhstan (2017). Official web site, Official data for 2010-2017. Retrieved September 21, 2018
Comprehensive program for the development of the service sector, Belarus (2006). Retrieved June 20, 2018 from https://economy.gov.by/ru/programma_razvitia_sfery_uslug-ru/ (Original work written in Russian)
Das, L., & Raut, R. (2014). Impact of changes in Service Sector in India in shaping the future of Business & Society, Symbiosis Institute of Management Studies Annual Research Conference, 795-803.
David, B. (2017). Computer technology and probable job destructions in Japan: An evaluation, Journal of the Japanese and International Economies, ? 43, pp. 77-87.
De Souza, K. B., de Andrade Bastos, S.Q., & Perobelli, F.S. (2016). Multiple trends of tertiarization: A comparative input–output analysis of the service sector expansion between Brazil and United States, EconomiA. Vol. 17, pp. 141-158.
Digital economy 2017-2040 (2017). Retrieved June 21, 2018 from http://static.government.ru/media/files/9gFM4FHj4PsB79I5v7yLVuPgu4bvR7M0.pdf (Original work written in Russian)
Digital transformation program of the Kyrgyz Republic «???? ????». Retrieved June 21, 2018 from http://tazakoom.kg/site/concept/4 (Original work written in Russian)
Digital Kazakhstan (2017) Retrieved June 21, 2018 from http://adilet.zan.kz/rus/docs/P1700000827 (Original work written in Russian)
Doycht, N. & Uctum, M. (2018). Spillovers from Foreign Direct Investment in Services: Evidence at Sub-Sectoral Level for the Asia-Pacific. Journal of Asian Economics. https://doi.org/10.1016/j.asieco.2018.10.003
Edwards, M. & Crocker, M. (2001) Major Trends and Issues. In: Innovati?n and productivity in service. OECD. pp. 7-15
Electronic Russia program (2002) Retrieved June 21, 2018 from http://economy.gov.ru/minec/activity/sections/fcp/doc1107343730375 (Original work written in Russian)
Federal State Statistics Services in Russia (2017). Official web site Statistical yearbook «Investments in Russia» (Original work written in Russian)
Fichert, F. (2017). Transport policy planning in Germany - An analysis of political, European Transport Research Review, 9-28.
Gala, P., Camargo, J., Magacho, G., & Rocha, I. (2018). Sophisticated jobs matter for economic complexity: An empirical analysis based on input-output matrices and employment data. Structural Change and Economic Dynamics. ? 45, pp. 1-8.
Information society 2011-2020 (2014). Retrieved June 21, 2018 from http://government.ru/programs/218/events/ (Original work written in Russian)
Keynes, M.J. (1935) The general theory of employment, interest and money.
Krivko, S.R. (2013). Theoretical basis of development management in the service sector in problematic regions of Russia, Izvestija Tulskogo gosudarstvennogo universiteta, No. 2-1, pp. 307-312. (Original work written in Russian)
Mitchell, D. J. (2005). The Impact of Government Spending on Economic Growth, Backgouder Published by The Heritage Foundation, pp. 1-18.
National program of accelerated development of services in the field of information and communication technologies, Belarus (2016). Retrieved June 21, 2018 from http://www.government.by/upload/docs/file4c1542d87d1083b5.PDF (Original work written in Russian)
Nguyen, C.T. & Lua, T.T. (2018). The impacts of public investment on private investment and economic growth: Evidence from Vietnam, Journal of Asian Business and Economic Studies, ?1, vol. 25, pp. 15-32.
Perroux, F. (1965). Leading industries and planning of economic growth, On Political Economy and Econometrics, pp. 463-486.
Pilat, D. (2005)/ Growth differentials in OECD countries: some reflections, Int Econ Econ Policy 2, 1-6.
Program of social and economic development 2016-2020 (2016). Retrieved June 21, 2018 from http://president.gov.by/ru/news_ru/view/utverzhdena-programma-sotsialno-ekonomicheskogo-razvitija-respubliki-belarus-na-2016-2020-gody-15106/ (Original work written in Russian)
Program of the government of the Republic of Armenia (2016) http://www.gov.am/files/docs/2033.pdf
Program of the government of the Republic of Armenia 2017-2022 Retrieved June 20, 2018 from http://www.gov.am/files/docs/2219.pdf
Qureshi, M.O. & Syed R.S. (2014). The Impact of Robotics on Employment and Motivation of Employees in the Service Sector, with Special Reference to Health Care, Safety and Health at Work. Vol. 5, ? 4, pp. 198-202.
Schwab, K. (2016) The Fourth Industrial Revolution. World Economic Forum.
Shumpeter, J. (2008) The theory of economic development. Moscow: ??????????? ?????????
State program on forced industrial and innovative development of the Republic of Kazakhstan for 2010 – 2014 (2010). Retrieved March 13, 2018 from http://adilet.zan.kz/rus/docs/U100000958_ (Original work written in Kazakh and Russian languages)
Sun, H.P., Sun W.F., & Kong Y.Sh. (2018). Natural resource dependence, public education investment, Petroleum Science ? 3, Vol. 15, pp. 657-665.
Sustainable Development Strategy of the Kyrgyz Republic 2018-2040. Retrieved June 21, 2018 from http://www.president.kg/files/docs/Files/proekt_strategii_final_russ.pdf (Original work written in Russian)
Teles, V. K. & de Andrade, J. (2004). Public Investment in Basic Education and Economic Growth. SSRN doi.org/10.2139/ssrn.573301
The Agenda for Digital Transformation of Armenia. Retrieved June 20, 2018 from http://daf.am/pdf/digital_agenda_2018_2030.pdf
The program for the development of the service sector in the Republic of Kazakhstan until 2020 (2014). Retrieved June 20, 2018 from http://adilet.zan.kz/rus/docs/P1400001378 (Original work written in Russian)
The State Program for the Development of the Digital Economy and the Information Society 2017-2020. Retrieved June 21, 2018 from http://www.government.by/upload/docs/file4c1542d87d1083b5.PDF (Original work written in Russian)
The state program of industrial and innovative development of the Republic of Kazakhstan for 2015-2019 (2014). Retrieved March 13, 2018 http://adilet.zan.kz/rus/docs/U1400000874 (Original work written in Russian)
Uppenberg, K., & Strauss, H. (2010). Innovation and productivity growth in the EU services sector, European Investment Bank.
World Bank data http://databank.worldbank.org/data/databases.aspx
Wu H., Xiong, J., Li, Q., & Wei, T. (2018) Comparisons of catching-up among developed nations and developing countries, Journal of Eastern European and Central Asian Research, ?2, Vol.5, pp. 90-98.
Yilmaz, S. (2017) Eurasian Economic Union: A Regional Economic Hegemony Initiative, Journal of Eastern European and Central Asian Research, ?2, Vol.4, 1-5.
Zeb, A. Hussain, K., Ahmad, U., & Ajmair, M. (2017). Factors affecting the services sector growth in Pakistan: A time varying parametric approach, Journal of Economics Library ?3, Vol. 4, pp. 388-395.
Downloads
Published
How to Cite
Issue
Section
License
The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.
This journal applies the Creative Attribution Common License to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY 4.0 license.
Authors are free to: Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
No additional restrictions — The author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.
