Work

Financial Market of Kazakhstan: Current State and Ways of Stabilization in the Context of Global Instability

Year: 2019

Type: article

Abstract: The financial market belongs to the segment of the economic system, which is especially strictly regulated and controlled by state bodies. The special emphasis of the state on the issues of control and supervision of the financial market is due to the fact that the degree of development of its infrastructure has direct impact on the economic situation of the country. The conducted analysis of the financial market development covers the period from 2014 through 2017. The article reflects the features of the financial market of Kazakhstan and its role for the national economy, as well as the mechanism of state regulation of the financial market. The authors reveal the problems of the financial market functioning at the present stage, and draw conclusion about the need to develop the regulatory infrastructure of the financial market to achieve sustainable economic growth.

Source: Journal of Advanced Research in Law and Economics

DOI: 10.14505//jarle.v9.6(36).20

Authors: Gulnar Koishybaevna LUKHMANOVA, Karlygash Sovetovna BAISHOLANOVA, Lyailya Abdybayevna BAIBULEKOVA, Kalyash Kuanyshevna PRIMZHAROVA, Gulzhakhan Ryskulovna KASSYMBEKOVA

Institutions: Zhetysu University named after Ilyas Zhansugurov, Al-Farabi Kazakh National University, Narxoz University

Language: English

Topic: Finance, Markets, and Regulation

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2995362171

FWCI: 1.191

Cites:

Cited by: 5

Related to: 10