Key factors to improve competitiveness of Kazakhstan

Authors

  • Y. Z. Shildibekov Казахский национальный технический университет имени К.И. Сатпаева
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Keywords:

global competitiveness index, world economic forum, method of principal components, key factors, competitiveness of Kazakhstan,

Abstract

The interrelationship between 111 variables for 144 countries was studied by method of principal components. Two principal components were chosen from twelve components that were received from the decomposition of initial data. The analysis of these components illustrates that «Institutes», «Business», and «Innovation» pillars are key factors for competitiveness improvement. Unfortunately, these pillars are poorly developed in Kazakhstan. It is necessarily to pay special attention to these pillars in order to improve the position of Kazakhstan in the world economic forum’s rating.

References

1 Послание Президента Республики Казахстан Н.А. Назарбаева народу Казахстана от 14 декабря 2012 года «Стратегия Казахстан-2050» // www.akorda.kz

2 Концепция по вхождению Казахстана в число тридцати самых развитых государств мира // www.akorda.kz

3 Цеховой А.Ф., Шильдибеков Е.Ж. Индекс глобальной конкурентоспособности в Казахстане: факты и оценки // Вестник
КазНТУ. – 2012. – №2. – С. 38.

4 Эткинд Ю.Л., Мандель И.Д. Многомерный статистический анализ в системе целевого управления строительством. –Свердловск, 1991.

5 World Economic Forum, 2012. Measuring competitiveness– The Global Competitiveness Report 2013-2014

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How to Cite

Shildibekov, Y. Z. (2015). Key factors to improve competitiveness of Kazakhstan. Journal of Economic Research &Amp; Business Administration, 105(5), 116–119. Retrieved from https://be.kaznu.kz/index.php/math/article/view/477