The impact of digital technologies on improving the efficiency of the financial market in Kazakhstan

2023

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DOI 10.32523/2789-4320-2023-1-234-245
Data confidence 70 medium
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Abstract

The trend of digitalization of financial activity has accelerated worldwide. The consequence is a corresponding transformation, modernization of the financial industry, which is carried out thanks to digital technologies. This development of the traditional financial industry has given an impetus to the acceleration of "green" finance. The green financial industry in the era of digital transformation has provided Kazakhstan with the opportunity to accelerate its entry into the digital economy. In this connection, the study of this article presented a selection of regional panel data and the results of discussions on the effectiveness of the digital economy's impact on green financial investments in Kazakhstan. OLS panel data and the boundary model method were used. At the same time, a threshold model has been built using the regional scale of the industry and green financial audit as threshold variables. The characteristics of the digitalization of the country's economy, its effectiveness of green finance are used for analysis