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Item Open Access FISCAL DECENTRALIZATION IN KAZAKHSTAN AND THE IMPACT ON ECONOMIC GROWTH(SDU University, 2023) Galymzhan Zupiruly; Mansiya ZhanabayThis article proposes a method for assessing the effects of fiscal decentralization on economic development. The relationship between the proper level of fiscal decentralization and economic growth for 17 regions and cities of republican significance in Kazakhstan from 2010 to 2020 was evaluated using panel data. Panel cointegration and dynamic ordinary least squares (DOLS) results suggest that fiscal decentralization has a negative and significant impact on gross regional product. The study found that both income and expenditure decentralization have a negative impact on economic growth, and that further fiscal decentralization currently has a negative impact on gross regional product (GRP) growth. Given the premise that fiscal decentralization usually promotes local economic progress, this consistently significant and powerful result of our empirical analysis is surprising.Item Open Access PERSPECTIVES OF CONSUMER LENDING IN KAZAKHSTAN(СДУ хабаршысы - 2023, 2023) Bolatov N.Abstract. Consumer lending is a critical aspect of the modern economy, providing individuals with access to credit for various purposes. As we look towards the future, it is essential to understand how consumer lending may evolve and what factors may shape its development. This survey aimed to gather perspectives on consumer lending in the future, including potential trends, concerns, and preferences. It is very important because the volume of consumer lending in Kazakhstan has increased rapidly in last 5 years. The survey found that the majority of respondents were likely to use consumer lending services in the future, and they expected to see more personalized lending options, increased use of AI and machine learning in lending decisions, and more competition between lenders leading to lower interest rates. However, respondents also expressed concerns about potential risks associated with lending, such as high interest rates and debt accumulation, and were not sure on the potential popularity of alternative lending options. When it comes to choosing a lender, respondents considered reputation of the lenders more than other factors, it shows that goodwill of lenders more important than other factors in choosing a lender. Finally, respondents were divided on how the COVID-19 pandemic has impacted consumer lending, with some expecting tighter lending requirements and higher interest rates in the future, while others anticipated more lenient lending requirements and lower interest rates. Overall, these findings underscore the complex nature of consumer lending and the importance of considering multiple factors when assessing its development in the future. The research paper uses qualitative research method, if more accurately, author used a survey method to know the opinions of people about what they think about future of consumer lending in Kazakhstan.Item Open Access FISCAL DECENTRALIZATION: A REVIEW OFINTERGOVERNMENTAL RELATIONS IN KAZAKHSTAN(SDU Journal of Media Studies, 2025) Bekzhan TolybayFiscal decentralization has become one of the most important reforms for countries with transitional economies, facilitating effective resource allocation and local decision-making. Kazakhstan has implemented decentralization reforms as part of its economic policies to strengthen the prosperity of regional economies. This dissertation provides a comprehensive review of fiscal decentralization in Kazakhstan, analyzing the evolution, challenges, and prospects of intergovernmental relations in light of the recent reform that started in 2020, which involves delivering SME corporate tax revenue to local budgets