Structural shifts in the economy of the Republic of Kazakhstan

Abstract

Structural shifts in the economy are an objective phenomenon in the world economy.
This process is experienced by all countries without exception, but the causes, intensity and
consequences of structural changes vary from country to country. The article is devoted to
the study of structural shifts, theoretical concepts that determine their nature, intensity, and
consequences for the economy. The article analyzes the structural changes in Kazakhstan based
on the analysis of the indices of structural shifts, their elasticity. It is revealed that during the
period of independence in the Republic of Kazakhstan there were structural changes that led to the
process of deindustrialization of the economy and a decrease in its efficiency. Reducing the share
of manufacturing in the total gross domestic product, increasing the share of services, with their
technological simplification. The main conclusion of the study is that the quality of structural
changes in the economy of the Republic of Kazakhstan has pushed the economy back and made the
economy less productive