Global Income Inequality – A Case Study of OECD Countries and Kazakhstan
This article presents the results of a study into the features of the formation of economic inequality in Kazakhstan in the context of global trends in the country’s development. The methodological basis of the study was a comparative analysis of the former Soviet Union (FSU) and OECD countries in t...
Published in: | Comparative Economic Research. Central and Eastern Europe |
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Wydawnictwo Uniwersytetu Łódzkiego
2022
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Online Access: | http://hdl.handle.net/11089/44715 https://doi.org/10.18778/1508-2008.25.35 |
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ftunivlodzir:oai:dspace.uni.lodz.pl:11089/44715 2023-07-30T04:04:28+02:00 Global Income Inequality – A Case Study of OECD Countries and Kazakhstan Globalne nierówności dochodów – studium przypadku krajów OECD i Kazachstanu Jumambayev, Seisembay Dzhulaeva, Almazhan Baimukhanova, Sariya Ilyashova, Guliya Dosmbek, Aidana Jumambayev, Seisembay - Ph.D. of Economic Sciences, Associate Professor, Al‑Farabi Kazakh National University, Department of Management, Almaty, Republic of Kazakhstan Dzhulaeva, Almazhan - Candidate of Economic Sciences, Acting Associate Professor, Al‑Farabi Kazakh National University, Department of Management, Almaty, Republic of Kazakhstan Baimukhanova, Sariya - Ph.D. of Economic Sciences, Associate Professor, Al‑Farabi Kazakh National University, Department of Finance and Accounting, Almaty, Republic of Kazakhstan Ilyashova, Guliya - Senior Lecturer, Al‑Farabi Kazakh National University, Department of Economics, Almaty, Republic of Kazakhstan Dosmbek, Aidana - Al‑Farabi Kazakh National University, Department of Management, Almaty, Republic of Kazakhstan Jumambayev, Seisembay - jumambayevseis@rambler.ru Dzhulaeva, Almazhan - soulapple777@gmail.com Baimukhanova, Sariya - bsariya@rambler.ru Ilyashova, Guliya - Ilyashova.guliya@kaznu.kz Dosmbek, Aidana - aidana.dosmbek@gmail.com 2022-12-16 application/pdf http://hdl.handle.net/11089/44715 https://doi.org/10.18778/1508-2008.25.35 en eng Wydawnictwo Uniwersytetu Łódzkiego Comparative Economic Research. Central and Eastern Europe;4 25 1508-2008 http://hdl.handle.net/11089/44715 2082-6737 doi:10.18778/1508-2008.25.35 https://creativecommons.org/licenses/by-nc-nd/4.0 development distribution institutions transition economy wealth rozwój dystrybucja instytucje gospodarka przechodząca transformację bogactwo Article 2022 ftunivlodzir https://doi.org/10.18778/1508-2008.25.35 2023-07-07T06:40:17Z This article presents the results of a study into the features of the formation of economic inequality in Kazakhstan in the context of global trends in the country’s development. The methodological basis of the study was a comparative analysis of the former Soviet Union (FSU) and OECD countries in terms of economic development and inequality in the context of global changes and trends, implemented with the help of econometric and economic‑statistical methods. The study revealed a direct statistically significant (p < 0.05) correlation between the level of income concentration of the 10% group and the economic growth of Iceland (r = 0.67) and the Republic of Belarus (r = 0.65). In the case of the Republic of Kazakhstan, no such correlation was found. However, in Kazakhstan, the link between the 10% group’s income concentration and gross domestic product per capita has been established. The dynamics of GDP growth and the values of Kazakhstan’s population’s real money incomes have a stable inverse relationship. The correlation coefficient between them is r = –0.46, and the determination coefficient is R = 0.215, based on data from 2008 to 2020. This suggests that economic growth is still the most important factor that influences the population’s real income. The results of the study will be put into practice by familiarizing government officials with the developed proposals for enhancing the state’s policy of overcoming economic inequality and setting the stage for sustainable economic growth. In addition, the results of this study will be of interest to academic science, actualizing new directions for further research. W artykule przedstawiono wyniki badania sposobu powstawania nierówności ekonomicznych w Kazachstanie w kontekście globalnych trendów w rozwoju kraju. Podstawą metodologiczną pracy była analiza porównawcza krajów byłego Związku Radzieckiego (FSU) i OECD pod kątem rozwoju gospodarczego i nierówności w kontekście globalnych zmian i trendów, realizowana za pomocą metod ekonometrycznych i ... Article in Journal/Newspaper Iceland University of Lodz Repository (RUŁ) Comparative Economic Research. Central and Eastern Europe 25 4 179 203 |
institution |
Open Polar |
collection |
University of Lodz Repository (RUŁ) |
op_collection_id |
ftunivlodzir |
language |
English |
topic |
development distribution institutions transition economy wealth rozwój dystrybucja instytucje gospodarka przechodząca transformację bogactwo |
spellingShingle |
development distribution institutions transition economy wealth rozwój dystrybucja instytucje gospodarka przechodząca transformację bogactwo Jumambayev, Seisembay Dzhulaeva, Almazhan Baimukhanova, Sariya Ilyashova, Guliya Dosmbek, Aidana Global Income Inequality – A Case Study of OECD Countries and Kazakhstan |
topic_facet |
development distribution institutions transition economy wealth rozwój dystrybucja instytucje gospodarka przechodząca transformację bogactwo |
description |
This article presents the results of a study into the features of the formation of economic inequality in Kazakhstan in the context of global trends in the country’s development. The methodological basis of the study was a comparative analysis of the former Soviet Union (FSU) and OECD countries in terms of economic development and inequality in the context of global changes and trends, implemented with the help of econometric and economic‑statistical methods. The study revealed a direct statistically significant (p < 0.05) correlation between the level of income concentration of the 10% group and the economic growth of Iceland (r = 0.67) and the Republic of Belarus (r = 0.65). In the case of the Republic of Kazakhstan, no such correlation was found. However, in Kazakhstan, the link between the 10% group’s income concentration and gross domestic product per capita has been established. The dynamics of GDP growth and the values of Kazakhstan’s population’s real money incomes have a stable inverse relationship. The correlation coefficient between them is r = –0.46, and the determination coefficient is R = 0.215, based on data from 2008 to 2020. This suggests that economic growth is still the most important factor that influences the population’s real income. The results of the study will be put into practice by familiarizing government officials with the developed proposals for enhancing the state’s policy of overcoming economic inequality and setting the stage for sustainable economic growth. In addition, the results of this study will be of interest to academic science, actualizing new directions for further research. W artykule przedstawiono wyniki badania sposobu powstawania nierówności ekonomicznych w Kazachstanie w kontekście globalnych trendów w rozwoju kraju. Podstawą metodologiczną pracy była analiza porównawcza krajów byłego Związku Radzieckiego (FSU) i OECD pod kątem rozwoju gospodarczego i nierówności w kontekście globalnych zmian i trendów, realizowana za pomocą metod ekonometrycznych i ... |
author2 |
Jumambayev, Seisembay - Ph.D. of Economic Sciences, Associate Professor, Al‑Farabi Kazakh National University, Department of Management, Almaty, Republic of Kazakhstan Dzhulaeva, Almazhan - Candidate of Economic Sciences, Acting Associate Professor, Al‑Farabi Kazakh National University, Department of Management, Almaty, Republic of Kazakhstan Baimukhanova, Sariya - Ph.D. of Economic Sciences, Associate Professor, Al‑Farabi Kazakh National University, Department of Finance and Accounting, Almaty, Republic of Kazakhstan Ilyashova, Guliya - Senior Lecturer, Al‑Farabi Kazakh National University, Department of Economics, Almaty, Republic of Kazakhstan Dosmbek, Aidana - Al‑Farabi Kazakh National University, Department of Management, Almaty, Republic of Kazakhstan Jumambayev, Seisembay - jumambayevseis@rambler.ru Dzhulaeva, Almazhan - soulapple777@gmail.com Baimukhanova, Sariya - bsariya@rambler.ru Ilyashova, Guliya - Ilyashova.guliya@kaznu.kz Dosmbek, Aidana - aidana.dosmbek@gmail.com |
format |
Article in Journal/Newspaper |
author |
Jumambayev, Seisembay Dzhulaeva, Almazhan Baimukhanova, Sariya Ilyashova, Guliya Dosmbek, Aidana |
author_facet |
Jumambayev, Seisembay Dzhulaeva, Almazhan Baimukhanova, Sariya Ilyashova, Guliya Dosmbek, Aidana |
author_sort |
Jumambayev, Seisembay |
title |
Global Income Inequality – A Case Study of OECD Countries and Kazakhstan |
title_short |
Global Income Inequality – A Case Study of OECD Countries and Kazakhstan |
title_full |
Global Income Inequality – A Case Study of OECD Countries and Kazakhstan |
title_fullStr |
Global Income Inequality – A Case Study of OECD Countries and Kazakhstan |
title_full_unstemmed |
Global Income Inequality – A Case Study of OECD Countries and Kazakhstan |
title_sort |
global income inequality – a case study of oecd countries and kazakhstan |
publisher |
Wydawnictwo Uniwersytetu Łódzkiego |
publishDate |
2022 |
url |
http://hdl.handle.net/11089/44715 https://doi.org/10.18778/1508-2008.25.35 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
Comparative Economic Research. Central and Eastern Europe;4 25 1508-2008 http://hdl.handle.net/11089/44715 2082-6737 doi:10.18778/1508-2008.25.35 |
op_rights |
https://creativecommons.org/licenses/by-nc-nd/4.0 |
op_doi |
https://doi.org/10.18778/1508-2008.25.35 |
container_title |
Comparative Economic Research. Central and Eastern Europe |
container_volume |
25 |
container_issue |
4 |
container_start_page |
179 |
op_container_end_page |
203 |
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1772815950329937920 |