Effect of exchange market on the development of the real sector of the economy and ways to improve its effi ciency

Abstract

Growth in industrial production is one of the most important factors of economic growth. This is due the fact that the GDP share of primary industry plays. Industrial development of Kazakhstan in the last 10 years was characterized by stable positive dynamics. When stability favorable macroeconomic environment can make a big contribution mechanism and instruments of the securities market. In countries with developed market economy, the stock market provides 30-70 % of the required resources. In this regard, in the present article has been analyzed the contribution of the exchange market for the development of Kazakhstan’s economy. The analysis examined the dynamics of trading volume over the last 3 years, and was also a comparative analysis of trading volume to GDP. Additionally, this article refl ects the level of capitalization of securities by sector . The analysis identifi es the problems encountered in this fi eld and their solutions. Also, the recommendations in order to improve the effi ciency of the exchange market.