THE PLACE OF THE MANUFACTURING INDUSTRY OF KAZAKHSTAN IN THE PROCESS OF STRUCTURAL CHANGES

In modern conditions, the need to develop industrial production is increasing. Kazakhstan, as a small economy with large reserves of raw materials, needs to use instruments to regulate structural transformations in terms of improving the share of the manufacturing industry to overcome the “Dutch disease”. This is important for solving the problem of Kazakhstan's dependence on the fluctuations of world prices for mineral resources, including oil, for further development of its society. Therefore, the problem of achieving sustainable economic growth by ensuring advanced rates of production in the manufacturing industry, widespread use of new technologies, and dynamic growth of knowledge-intensive industries is relevant to this day. The structural changes that occur during this process contribute to the development of not only the economy but also all spheres of social life.
The purpose of the article is to consider the place and analyze the state of the manufacturing industry in Kazakhstan in the structural processes of 2018-2023. In the article, the authors analyse the place of the manufacturing industry in the processes of structural transformation of the economy of Kazakhstan for the period 2018-2023. The available official statistical data were used for the analysis.
The analysis showed that the share of the manufacturing industry in gross value added increased, which affected the structure of the industry and the economy as a whole; also, the internal structure of this sector changed in favour of the growth of the specific weight of machine building. These changes can be considered positive. According to the authors, the motivating factor for further changes will be higher levels of profitability and labour productivity growth. However, the study shows that such characteristics as profitability and productivity are still higher in the extractive sector, which is a deterrent to structural change.

1. Andreoni Antonio, Chang Ha-Joon. (2019) The political economy of industrial policy: Structural interdependencies, policy alignment and conflict management. Structural Change and Economic Dynamics. Volume 48. P. 136-150 [in English]

2. Chang Ha-Joon, Andreoni Antonio. (2020) Industrial Policy in the 21st Century. Development and change. Volume51. Issue2. P. 324-351 [in English]

3. Rymarczyk Jan. (2020) Technologies, Opportunities and Challenges of the Industrial Revolution 4.0: Theoretical Considerations. Journal: Entrepreneurial Business and Economics Review. Issue 1, P. 185-198 [in English]

4. Kenney Martin, Rouvinen Petri, Seppälä Timo, Zysman John. (2019) Platforms and industrial change. Industry and Innovation. Volume 26. Issue 8. P. 871-879. [in English]

5. Chang Kai, Zhang Huijia, Li Boyang. (2024) The Impact of Digital Economy and Industrial Agglomeration on the Changes of Industrial Structure in the Yangtze River Delta. Journal of the Knowledge Economy. Volume 15. P. 9207–9227. [in English]

6. VVP metodom proizvodstva. [Bureau of National Statistics Agency of the Republic of Kazakhstan for Strategic Planning and reform]. Available at: - URL: https://stat.gov.kz/ru/industries/economy/nationalaccounts/publications/157561/ [in Russian] (accessed: 15.10.2024).

7. Ob"emy promyshlennogo proizvodstva po vidam ekonomicheskoj deyatel'nosti v RK (1990-2023). [Bureau of National Statistics Agency of the Republic of Kazakhstan for Strategic Planning and reform]. Available at: - URL: https://stat.gov.kz/ru/industries/business-statistics/stat-industrial-production/ [in Russian] (accessed: 23.10.2024).

8. Osnovnye pokazateli finansovo-hozyajstvennoj deyatel'nosti predpriyatij po vidam ekonomicheskoj deyatel'nosti. [Bureau of National Statistics Agency of the Republic of Kazakhstan for Strategic Planning and reform]. Available at: - URL: https://stat.gov.kz/ru/industries/business-statistics/stat-struct/dynamic-tables/ [in Russian] (accessed: 2.11.2024).

9. Proizvoditel'nost' truda Valovoj dobavlennoj stoimosti. [Bureau of National Statistics Agency of the Republic of Kazakhstan for Strategic Planning and reform]. Available at: - URL: https://stat.gov.kz/ru/industries/economy/national-accounts/publications/157396 [in Russian] (accessed: 28.10.2024).