DBPapers
DOI: 10.5593/SGEM2015/B53/S21.092

THE ROLE OF SMALL AND MEDIUM-SIZED BUSINESS IN CONDITIONS OF TRANSITION TO “GREEN ECONOMY” IN KAZAKHSTAN

M. Arzayeva, A.Mustafayeva, A.Mustafina, D. Sadykhanova, D. Kokeyeva
Thursday 1 October 2015 by Libadmin2015

References: 15th International Multidisciplinary Scientific GeoConference SGEM 2015, www.sgem.org, SGEM2015 Conference Proceedings, ISBN 978-619-7105-41-4 / ISSN 1314-2704, June 18-24, 2015, Book5 Vol. 3, 713-720 pp

ABSTRACT
The question of the global “green economy” is becoming more important last years. The transition to “green economy” may give Kazakhstan the opportunity to reach the goals of becoming one of the most developed countries in the world by 2050. The small and medium-sized business is the foundation of the economy of all countries. Small and medium-sized business is the leading sector, which determines the dynamics and flexibility of the economic growth. It is difficult to speak about the stability of the macroeconomic situation in the government without the developed small and medium-sized business. Therefore small and medium-sized business was determined as one of the most important sectors in Kazakhstan. The sustainable economic development and the increase of the level of the livelihoods depend on the strategic understanding the important role of business. The backgrounds for the development of the business in the country and the condition of small and medium-sized business in the Republic of Kazakhstan are reviewed.

Keywords: green economy, business, transition, economic