Analysis of Socio-Economic Factors Affecting Poverty in the Regions of Kazakhstan

Aigul Alibekova, Saule Serikbayeva, Kenzhegul Khassenova, Gulnaz Demeuova, I. Sh. Azhaipova

The economy strategy and practice, 2023

Full text Open access: Gold Metadata (CSL-JSON)
DOI 10.51176/1997-9967-2023-3-189-206
Data confidence 70 medium
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Abstract

The purpose of this work is to study the impact of demographic and socio-economic factors affecting the level of poverty in the regions of Kazakhstan. The research examined the regions of Atyrau, Turkestan, Mangystau, and Akmola regions, where the poverty rate is higher than the average for Kazakhstan. The main factors influencing poverty are divided into four groups: economic, demographic, social and geographical. The current study focuses on the analysis of the general dynamics of poverty in the Republic of Kazakhstan. Accordingly, the study aims to examine the impact of three factors (economic, demographic and social) on absolute poverty. The period under review included ten years, 2011-2021. Five hypotheses were put forward. The SPSS program was used for data analysis, and a correlation-regression analysis was carried out. The results of the study showed that average monthly salary, gross regional product, living wage, number of students at higher educational institutions, number of people who receive state pension payments, number of people who receive assigned state social payments have a significant influence on the poverty rate in Turkestan region. Poverty eradication is one of the biggest and most important tasks of society. This is the main mission of the World Bank and the primary goal in the field of sustainable development, which reflects the agreement of 193 countries on key socio-economic priorities. The results of the study can be used both at the state and local levels to develop programs and strategies to combat poverty in the regions of Kazakhstan.