THE IMPACT OF ECONOMIC GLOBALIZATION ON TRANSITIONAL ECONOMIES AND THE ACTIONS ADOPTED TO MEET THE CHALLENGE OF ECONOMIC GLOBALIZATION, THE CASE OF KAZAKHSTAN
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Date
2008
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The Kazakh National University Named After Al -Farabi and Suleyman Demirel University
Abstract
Over the past two decades, the world economy has become increasingly integrated as flows of goods, labor, and capital across countries have expanded rapidly. The developed, the developing or even the transitional countries are all drifting with this trend unexceptionally. Although there is a general belief that globalization has important long-term benefits through its impacts on growth and productivity, it is not practically as global as it may look; some countries are more globalized than others. Such tendencies indicate that within the time span of a single generation, the economies that take more active part in globalization managed to double their real income per head.
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Keywords
transitional economies, globalization challenges, long-term sustainability, productivity growth
Citation
Dakpirtova Dinara, THE IMPACT OF ECONOMIC GLOBALIZATION ON TRANSITIONAL ECONOMIES AND THE ACTIONS ADOPTED TO MEET THE CHALLENGE OF ECONOMIC GLOBALIZATION, THE CASE OF KAZAKHSTAN ,Conference Proceedings: Competitive Ability of Kazakhstan’s Economy: Accelerated Modernization and Development Of Corporate Structures, ISBN: 978-605-4233-03-8, Almaty 2008, pgs. 127-132.