Development of directions for optimizing the conditions for the functioning subjects of small and medium businesses in the Republic of Kazakhstan based on the experience of developed countries

Abstract

The article reveals the development of directions for optimizing the conditions for the
functioning subjects of small and medium businesses in the Republic of Kazakhstan based on the
experience of developed countries. The article introduces the study of small and medium businesses
development based on the experience of the United States, France, Germany, and Singapore. The
world experience is of particular interest in studying the facilitation of state support for small and
medium enterprises. The particular attention is focused on the role and significance of the SMEs
activities in various countries, namely, the micro and macroeconomic indicators, such as the level
of competition and employment, the introduction of new technologies and production efficiency,
structural changes in the economy, etc. depend on the efficiency and scale of the SMEs activity.
The experience of developed countries indicates that the development and expansion of small
and medium-sized enterprises create favorable conditions for economic recovery, a competitive
environment is being developed, as well as the sectoral and regional monopoly is being overcome.