THE ROLE OF DIGITAL TECHNOLOGIES AND THEIR IMPACT ON THE ECONOMY OF KAZAKHSTAN

2024

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DOI 10.52821/2789-4401-2024-3-86-99
Data confidence 70 medium
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Abstract

Purpose of the research – To study the role of digital technologies and their impact on economic development in Kazakhstan, to analyze the impact of digitalization on key macroeconomic indicators such as gross domestic product (hereinafter referred to as GDP), gross value added (hereinafter referred to as GVA) and the unemployment rate, taking into account factors – total costs of information and communication technologies (hereinafter referred to as – ICT), the use of computers in organizations and Internet access. Research methodology . The study was conducted using methods of analysis, synthesis, analogy and econometric modeling to assess the impact of information technology on the macroeconomic indicators of Kazakhstan. Originality / value of the research . The study provides a unique analysis of the impact of digitalization on the economy of Kazakhstan, taking into account its specifics, the structure of the economy and political initiatives such as Digital Kazakhstan. The study goes beyond GDP growth by examining the impact on gross value added and unemployment, using econometric modeling to quantify the relationships between ICT investment, computer use, Internet access, and macroeconomic indicators. By identifying key factors and challenges, the study provides valuable information to stakeholders shaping Kazakhstan's digital future and contributes to a broader discussion of digital transformation in emerging economies. Research results . The study used national accounts data and ICT indicators from the Bureau of National Statistics of Kazakhstan to analyze the impact of digital technologies on the economy. The study showed that the costs of ICT, computer use and Internet access have a positive impact on GDP and GVA, which indicates a close link between the introduction of digital technologies and economic growth. The authors have identified a negative impact on the unemployment rate from the factors of investment in ICT and Internet access. This indicates the positive impact of digitalization on the labor market. However, the role of computer usage requires further study.