Features of Russian and Chinese Direct Investments in Kazakhstan

The purpose of the article is to analyze the results of current theoretical and empirical studies of the socio-institutional environment of Russian and Chinese direct investments in Kazakhstan. One of the features of foreign direct investment is the fact that foreign investor companies are always fo...

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Main Authors: Alexander Victorovich Petrov, Maria Sergeevna Baynova, Jialihasi Jiaerheng
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2022-03-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://www.spatial-economics.com/images/spatial-econimics/2022_1/SE.2022.1.148-167.Petrov.pdf
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author Alexander Victorovich Petrov
Maria Sergeevna Baynova
Jialihasi Jiaerheng
author_facet Alexander Victorovich Petrov
Maria Sergeevna Baynova
Jialihasi Jiaerheng
author_sort Alexander Victorovich Petrov
collection DOAJ
description The purpose of the article is to analyze the results of current theoretical and empirical studies of the socio-institutional environment of Russian and Chinese direct investments in Kazakhstan. One of the features of foreign direct investment is the fact that foreign investor companies are always forced to adapt as effectively as possible to the socio-institutional environment of the country where they invest funds. Foreign direct investment is an important factor in the modernization of production and economic development, can contribute to the growth of employment and income of the population. In fact, they show how much foreign investors trust the economy of a particular country, and for Kazakhstan it is also an important indicator of the role of Russia and China in its modern economic development. The results of modern investment research allow us to conclude that there is increasing competition between Russia and China in the promotion and implementation of investment projects in Central Asia and Kazakhstan. However, the success of these projects depends not only on the effectiveness of the efforts of governments and corporations aimed at promoting them in the region as a whole, but also on how these investments are perceived by the Kazakh society. The article analyzes the different points of view of modern Kazakh, Russian, Chinese and Western researchers analyzing the specifics of the relationship between society and business with the state in the globalizing economy of Kazakhstan, economic and historical factors, socio-institutional aspects of reducing compliance risks and features of labor organization that determine the stability and sustainability of economic development
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spelling doaj.art-59c4a81a980744b780febb2b7530b2162022-12-21T23:55:27ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572022-03-0118114816710.14530/se.2022.1.148-167Features of Russian and Chinese Direct Investments in KazakhstanAlexander Victorovich Petrov0https://orcid.org/0000-0002-9127-2209Maria Sergeevna Baynova1https://orcid.org/0000-0003-2789-4596Jialihasi Jiaerheng2https://orcid.org/0000-0003-1900-0759Saint-Petersburg State UniversityMoscow Financial and Industrial University ‘Synergy’Moscow State University named LomonosovThe purpose of the article is to analyze the results of current theoretical and empirical studies of the socio-institutional environment of Russian and Chinese direct investments in Kazakhstan. One of the features of foreign direct investment is the fact that foreign investor companies are always forced to adapt as effectively as possible to the socio-institutional environment of the country where they invest funds. Foreign direct investment is an important factor in the modernization of production and economic development, can contribute to the growth of employment and income of the population. In fact, they show how much foreign investors trust the economy of a particular country, and for Kazakhstan it is also an important indicator of the role of Russia and China in its modern economic development. The results of modern investment research allow us to conclude that there is increasing competition between Russia and China in the promotion and implementation of investment projects in Central Asia and Kazakhstan. However, the success of these projects depends not only on the effectiveness of the efforts of governments and corporations aimed at promoting them in the region as a whole, but also on how these investments are perceived by the Kazakh society. The article analyzes the different points of view of modern Kazakh, Russian, Chinese and Western researchers analyzing the specifics of the relationship between society and business with the state in the globalizing economy of Kazakhstan, economic and historical factors, socio-institutional aspects of reducing compliance risks and features of labor organization that determine the stability and sustainability of economic developmenthttp://www.spatial-economics.com/images/spatial-econimics/2022_1/SE.2022.1.148-167.Petrov.pdfforeign direct investmentsocio-economic developmentsocio-institutional investment environmentrussian investmentschinese investmentskazakhstanrussiachina
spellingShingle Alexander Victorovich Petrov
Maria Sergeevna Baynova
Jialihasi Jiaerheng
Features of Russian and Chinese Direct Investments in Kazakhstan
Prostranstvennaâ Èkonomika
foreign direct investment
socio-economic development
socio-institutional investment environment
russian investments
chinese investments
kazakhstan
russia
china
title Features of Russian and Chinese Direct Investments in Kazakhstan
title_full Features of Russian and Chinese Direct Investments in Kazakhstan
title_fullStr Features of Russian and Chinese Direct Investments in Kazakhstan
title_full_unstemmed Features of Russian and Chinese Direct Investments in Kazakhstan
title_short Features of Russian and Chinese Direct Investments in Kazakhstan
title_sort features of russian and chinese direct investments in kazakhstan
topic foreign direct investment
socio-economic development
socio-institutional investment environment
russian investments
chinese investments
kazakhstan
russia
china
url http://www.spatial-economics.com/images/spatial-econimics/2022_1/SE.2022.1.148-167.Petrov.pdf
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