Academic Article

Development of Human Capital in the Labor Market in the Modernization of the Economy of Kazakhstan

Authors: Rysty Sabirova (Аtyrau Branch of Republican Research Institute of Occupational Safety of the Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan, 060002, 118е Makhambet Utemisov Str., Atyrau, Republic of Kazakhstan; Department of Economics, Kh. Dosmukhamedov Atyrau University, 060011, 1 Studenchesky Ave., Atyrau, Republic of Kazakhstan.) , Gulmira Andabayeva (Department of Economics, Al-Farabi Kazakh National University, 050040, 71 al-Farabi Ave., Almaty, Republic of Kazakhstan) , Aiman Mussayeva (Department of Art Management and Producing, Temirbek Zhurgenov Kazakh National Academy of Arts, 050000, 127 Panfilov Str., Almaty, Republic of Kazakhstan) , Zhanargul Bissembiyeva (Department of Economics and Entrepreneurship, L.N. Gumilyov Eurasian National University, 010008, 2 Satpayev Str., Astana, Republic of Kazakhstan) , Ainur Tazhidenova (Department of Economics, Kh. Dosmukhamedov Atyrau University, 060011, 1 Studenchesky Ave., Atyrau, Republic of Kazakhstan) , Gulzhan Karimbayeva (Department of Economics, Esil University, 010005, 7 Zhubanov Str., Astana, Republic of Kazakhstan)

  • Development of Human Capital in the Labor Market in the Modernization of the Economy of Kazakhstan

    Academic Article

    Development of Human Capital in the Labor Market in the Modernization of the Economy of Kazakhstan

    Authors: , , , , ,

Options

Abstract

Kazakhstan today is a country with a low level of economic development, although it has sufficient resources and manpower. The purpose of the study is to determine the specifics of human capital development in the labor market under the conditions of modernization of the economy of Kazakhstan. The analysis of economic indicators has shown that the financial stability of the country is at a low level. The study of the labor market has established that its labor supply is sufficient but low-promising. The perfect econometric modeling using the additive method of forecasting has shown that in the next two periods it should be expected an increase in the labor force. With the help of linear forecasting, it was established that in the next two periods of education and labor market reforms are not carried out, the economic situation of the country will continue to deteriorate.

Keywords: Cost of education, Enrollment in higher education, Labor force, Additive econometric forecasting model, Factor analysis.

How to Cite:

Sabirova, R., Andabayeva, G., Mussayeva, A., Bissembiyeva, Z., Tazhidenova, A. & Karimbayeva, G., (2024) “Development of Human Capital in the Labor Market in the Modernization of the Economy of Kazakhstan”, Australasian Accounting, Business and Finance Journal 18(4), 201-219. doi: https://doi.org/http://dx.doi.org/10.14453/aabfj.v18i4.11

Rights: free_to_read

Downloads:
Download PDF

0 Views

0 Downloads

Published on
30 Sep 2024
License
All rights reserved