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Mechanisms of Attracting Investments from International Financial Organizations in the Republic of Kazakhstan
Annotation: The article examines the theoretical and methodological foundations of attracting investments from international financial institutions (IFIs) into the economy of the Republic of Kazakhstan. The study aims to investigate and disclose these theoretical and methodological frameworks, as well as to analyze the operational strategies of IFIs. The research methodology includes a systemic-institutional approach, a comparative analysis of investment strategies, and the method of structural modeling. The paper reveals the essence of international financial institutions as an instrument of global investment interaction, analyzing their investment strategies and impact on macroeconomic processes. Particular attention is paid to the interaction models between the state and IFIs in the implementation of joint investment projects. It is substantiated that the participation of international financial institutions contributes not only to the mobilization of long-term financial resources but also to the formation of an institutional environment focused on sustainable development, mitigating investment risks, and enhancing the country's investment attractiveness. The author concludes that Kazakhstan's cooperation with international financial institutions is of strategic importance in the context of the global financial architecture transformation and strengthening regional integration.
Year of release: 2026
Number of the journal: 2(102)

Green Economy as a Basis for Sustainable Development of Rural Territories in the Republic of Kazakhstan
Annotation: For the Republic of Kazakhstan, issues of environmental sustainability and rational use of natural resources remain among the important areas of development. The main problems include the high resource intensity of the economy, degradation of land resources, water scarcity, and the insufficient level of socio-economic development of rural territories. Under these conditions, the transition to the principles of a green economy focused on sustainable development and improving the quality of life of the population becomes increasingly important. The purpose of the study is to examine the development of the green economy in the Republic of Kazakhstan and its importance for the sustainable development of rural territories. The study considers the main directions of state environmental policy, the condition of the agricultural sector, and the implementation of environmentally oriented technologies in rural areas. The methodological basis of the research includes comparative, systemic, and statistical analysis methods, as well as methods of generalizing scientific literature and regulatory documents of the Republic of Kazakhstan in the field of environmental and agricultural policy. The study revealed that the development of a green economy contributes to the rational use of natural resources, improvement of energy efficiency, implementation of renewable energy sources, and modernization of agriculture. It was established that the greening of the agricultural sector, the development of organic production, and the implementation of resource-saving technologies positively affect the sustainability of rural territories, employment levels, and environmental safety of the regions
Author: A.I. Tkacheva
Year of release: 2026
Number of the journal: 2(102)

Circular economy. Possible solutions to waste collection and recycling How collect paper and cardboard. A practical experience in Italy
Annotation: Main problem: This article is for to the divulgation of ideas and projects implemented (or proposed) in the circular economy. The topic covered is the collection and recycling of waste produced by citizens and small businesses. It is a «CASE STUDY» of concrete projects that have been designed using the method of «possibilist economics», i.e. that new branch of Development Economics devised by A.O. Hirschman (USA) and developed by Luca Meldolesi (EUROPE) with his Italian working group (a group of which I have been an active member since 1986). During the years I spent working as a business economist, I adapted and increased the analysis and operational tools of the possibilist method to the subject of business development and creation, expanding the method with some new operational tools derived from my practical work and the analysis of the different realities in which I worked. This adaptation of ‘possibilism’ to business economics has been particularly useful in helping me find ‘possible’ solutions to complex problems in disadvantaged social and economic contexts. Purpose: The goal of this study is to give a concrete example of how the possibilist method is useful to create work and business in any field of economy. Methods: The article analyses a project of the author and its results. Results and their significance: This adaptation of «possibilism in economy» to business economics is a demonstration of the useful to helping economist to find «possible» solutions to complex problems in disadvantaged social and economic contexts.
Year of release: 2026
Number of the journal: 2(102)

«Fast Track» – an accelerated model for the integration of school and university within the framework of a strategic partnership
Annotation: This study proposes an innovative model of collaboration – the «Fast Track» project – which has no existing analogues in Kazakhstan. The project is designed to enable 11th-grade students to undertake first-year university courses in Mathematics 1, Mathematics 2, and English at an early stage, with subsequent credit recognition upon admission to the higher education institution implementing the program. The aim of this research is to analyze the mechanisms for implementing the «Fast Track» project and to evaluate its effectiveness in improving the quality of student preparation. The project itself is implemented through the redistribution of already existing parental educational expenditures. The empirical basis of the study includes the results of surveys conducted among 10th–11th grade students of a regional multidisciplinary boarding lyceum for gifted children, as well as interviews with the lyceum director and heads of career guidance departments at higher education institutions – Innovative Eurasian University and Toraighyrov University – along with financial and economic indicators related to the implementation of the «Fast Track» project. A comprehensive evaluation of the project’s effectiveness was carried out using economic and managerial analysis methods. In particular, the project’s investment attractiveness and sustainability were assessed using the net present value (NPV) indicator, which makes it possible to determine the long-term economic feasibility of its implementation. In addition, a sensitivity analysis of key project parameters was conducted to identify the factors exerting the greatest influence on its financial outcomes.
Year of release: 2026
Number of the journal: 2(102)