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Book part
Publication date: 15 October 2005

Rafis Abazov

Since the first days of its independence, Kazakhstan has been overwhelmed by security issues involving its neighbors. It also recognized a number of conventional and…

Abstract

Since the first days of its independence, Kazakhstan has been overwhelmed by security issues involving its neighbors. It also recognized a number of conventional and unconventional security threats that might undermine stability and development in the region, as well as in the republic. One of the first official documents produced by the Kazakhstan government was the Strategy of Establishment and Development of Kazakhstan as a Sovereign State, initiated by President Nursultan Nazarbayev in May 1992.3 Although specific security threats in Kazakhstan were obvious (as the direction post-Soviet security, military arrangements and the CIS had yet to be determined), three sections of this document dealt specifically with security issues, albeit in relatively vague form.4 In the document, President Nazarbayev highlighted the fact that the national security of Kazakhstan had a regional dimension, and that relations with CIS members and other states with interests in Central Asia were very important.5 He stressed particularly that his country needed a military doctrine to “prevent and defend against (external) military threat.”6 It took several years for this concept of national security to be clarified and conceptualized in a comprehensive document, the Law on National Security of the Republic of Kazakhstan.7

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Eurasia
Type: Book
ISBN: 978-1-84950-011-1

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Article
Publication date: 4 February 2021

Yeşim Aliefendioğlu, Harun Tanrivermis and Monsurat Ayojimi Salami

This paper aims to investigate asymmetric pricing behaviour and impact of coronavirus (Covid-19) pandemic shocks on house price index (HPI) of Turkey and Kazakhstan.

Abstract

Purpose

This paper aims to investigate asymmetric pricing behaviour and impact of coronavirus (Covid-19) pandemic shocks on house price index (HPI) of Turkey and Kazakhstan.

Design/methodology/approach

Monthly HPIs and consumer price index (CPI) data ranges from 2010M1 to 2020M5 are used. This study uses a nonlinear autoregressive distributed lag model for empirical analysis.

Findings

The findings of this study reveal that the Covid-19 pandemic exerted both long-run and short-run asymmetric relationship on HPI of Turkey while in Kazakhstan, the long-run impact of Covid-19 pandemic shock is symmetrical long-run positive effect is similar in both HPI markets.

Research limitations/implications

The main limitations of this study are the study scope and data set due to data constraint. Several other macroeconomic variables may affect housing prices; however, variables used in this study satisfy the focus of this study in the presence of data constraint. HPI and CPI variables were made available on monthly basis for a considerably longer period which guaranteed the ranges of data set used in this study.

Practical implications

Despite the limitation, this study provides necessary information for authorities and prospective investors in HPI to make a sound investment decision.

Originality/value

This is the first study that rigorously and simultaneously examines the pricing behaviour of Turkey and Kazakhstan HPIs in relation to the Covid-19 pandemic shocks at the regional level. HPI of Kazakhstan is recognized in the global real estate transparency index but the study is rare. The study contributes to regional studies on housing price by bridging this gap in the real estate literature.

Details

International Journal of Housing Markets and Analysis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1753-8270

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Article
Publication date: 1 January 2021

Ardasher Namazbay Yussupov and Akmaral Ardasherovna Yussupova

The purpose of this article discusses the design of underground eco-houses using a dome structure of light construction while taking into account the historical experience…

Abstract

Purpose

The purpose of this article discusses the design of underground eco-houses using a dome structure of light construction while taking into account the historical experience of the development of the local population. This article considered the traditions of folk architecture and modern sophistication in the creation of energy-efficient eco-houses in foreign countries in the context of architecture and construction of affordable residential homes for the local population.

Design/methodology/approach

The research presented in this paper was motivated by the need for developing agro-tourism facilities in hard-to-reach areas of the Silk Road in Southern Kazakhstan causes the construction of eco-houses built using local construction materials. Since ancient times in Southern Kazakhstan and during seasonal migrations in yurts of light construction, people have lived in mud-brick houses deep in the ground. Along with architectural and artistic solutions in building construction, great importance was attached to saving material resources, labour costs and achieving heat stability of residential buildings.

Findings

In the architectural and planning solution of the eco¬-house, progressive directions of construction of agrotechnical structures using renewable energy sources are adopted. Particular importance was given to the choice of the construction site on an elevated area nearby historical monuments and a favourable season for the construction of eco-houses with considering the natural and climatic characteristics of rural areas of Southern Kazakhstan.

Research limitations/implications

This paper discussed the issues of insulation, ventilation and improving the eco-house microclimate comfort using local building materials. Improving the architectural and artistic expressiveness of the eco-house in terms of the tradition of folk architecture was also explicitly discussed in this paper.

Practical implications

Tables with the justification of expediency of construction of economical eco-houses in natural and climatic conditions of Kazakhstan and Central Asia are provided. The results help to improve the energy efficiency of eco-houses in Kazakhstan by using renewable energy sources.

Social implications

Social benefits are associated with the use of local raw materials. Eco-houses built from traditional building materials can become accessible to a wide range of people and stimulate the development of small businesses. This may be associated with the construction of eco-houses to serve visiting tourists in remote picturesque oases, as well as the manufacture of dome structures, felt products and the preparation of reed panels and so on.

Originality/value

The thermotechnical characteristics of the region's ground energy are given, which can significantly save the cost of heating the eco-house. Solutions for optimal insolation, ventilation of the eco-house are provided, taking into account the natural and climatic conditions of Southern Kazakhstan.

Details

Smart and Sustainable Built Environment, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2046-6099

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Article
Publication date: 1 April 1997

Farrokh Safavi

Kazakhstan is endowed with rich deposits of minerals, massive farmlands and a population of diverse ethnic backgrounds. Its independence in 1991 and adoption of a…

Abstract

Kazakhstan is endowed with rich deposits of minerals, massive farmlands and a population of diverse ethnic backgrounds. Its independence in 1991 and adoption of a market‐oriented economy have brought new opportunities and challenges for efficient utilization of its abundant resources. The development process has been hampered by the low number of adequately qualified managers and business professionals who are familiar with the operation of a free‐market system. Reports the findings of field research in nine management training centres throughout Kazakhstan and examines their approaches to training qualified managers and business executives for public and private enterprises. Examines areas of strengths and weaknesses and offers suggestions for improvement.

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Journal of Management Development, vol. 16 no. 3
Type: Research Article
ISSN: 0262-1711

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Article
Publication date: 6 March 2007

Patrick Low and Ina Freeman

The purpose of this paper is to explore consumer behavior regarding women's decisions concerning fashion in the emerging marketing of Kazakhstan.

Abstract

Purpose

The purpose of this paper is to explore consumer behavior regarding women's decisions concerning fashion in the emerging marketing of Kazakhstan.

Design/methodology/approach

Literature review formed the basis of the questions asked to several focus groups and in‐depth interviews of 48 Kazakhs representing the average age of Kazakhstan. The approach of the paper is exploratory as there is not a lot of research concerning the Kazakhstani marketplace.

Findings

Kazakhstani women are becoming aware of their rights to choose clothing and location of purchase. They expect to be treated with respect. The women are value conscious, thinking brand names enhance the value of clothing and will shop sales regardless of the actual discount. Kazakhstani women are extremely fashion conscious and look to the media for current fashions. They are wary of anything coming out of China. There are five market segments into which these women can be divided.

Research limitations/implications

The study was done in Almaty and may not reflect people outside urban Kazakhstan.

Practical implications

Kazakhstan is opening as a marketplace. In order to understand how to market in Kazakhstan, firms must understand what is wanted and this paper begins this exploration.

Originality/value

This market is unexplored both academically and by many clothing manufacturers. This market is opening and thus information concerning the marketplace is necessary.

Details

Journal of Fashion Marketing and Management: An International Journal, vol. 11 no. 1
Type: Research Article
ISSN: 1361-2026

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Article
Publication date: 21 September 2012

Saltanat Sabitova

The purpose of this paper is to look at opportunities for Kazakhstan to participate in voluntary carbon markets by submitting forest protection, afforestation and…

Abstract

Purpose

The purpose of this paper is to look at opportunities for Kazakhstan to participate in voluntary carbon markets by submitting forest protection, afforestation and reforestation projects that can be offered to domestic or foreign participants willing to take corporate social responsibility (CSR) and reduce their anthropogenic impact on the climate system by buying these projects.

Design/methodology/approach

The study applies a qualitative approach which is based on analysis of scientific articles, entity reports, and national legislative framework related to the topic of the research.

Findings

The findings reveal that the issues of CSR, participation in voluntary carbon markets and domestic forestry sector may be integrated if addressed properly. However, Kazakhstan lacks the level of understanding and acceptance of social or environmental responsibilities necessary to engage in CSR practices. In addition, participation of project developers from Kazakhstan in voluntary carbon markets is a subject to the complicated project submission process. Although voluntary carbon markets are not driven by specific regulations and do not require national legal frameworks to enter the voluntary market system, participation may still be a subject to other national legal aspects.

Practical implications

The study shows how CSR actions may bring win‐win situations both for entities’ sustainability reporting which undertake these actions, and for the forestry sector of Kazakhstan. Therefore, a specific strategy should be customized to reflect national circumstances, and which provides assistance for and enhance discussions about CSR, voluntary carbon markets, and their overall contribution to sustainable development.

Originality/value

The paper addresses the aspects of taking CSR in a developing country as Kazakhstan where the concept of CSR still lacks supportive legal and promotional mechanisms. It introduces the possible relation of the voluntary carbon markets to the forestry sector of Kazakhstan.

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Expert briefing
Publication date: 16 February 2017

Kazakhstan's eastward tilt.

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Expert briefing
Publication date: 22 July 2015

Kazakhstan's IAEA Low Enriched Uranium (LEU) bank.

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Article
Publication date: 13 February 2019

Marina Latukha and Konstantin Malko

The purpose of this paper is to investigate the peculiarities of human resource management (HRM) practices in Kazakh firms and identify the factors that influence them…

Abstract

Purpose

The purpose of this paper is to investigate the peculiarities of human resource management (HRM) practices in Kazakh firms and identify the factors that influence them. Attention is paid to analysis of the country-specific environment, which shapes the peculiarities of HRM and provides discussion on the respective Westernization or localization perspectives.

Design/methodology/approach

The paper argues that HRM practices are influenced by a number of factors, some of which are rather specific to Kazakhstan and some are common in a Commonwealth of Independent States’ context. The study uses exploratory research which includes the conduction of a survey, consisting of blocks of questions, for data collection.

Findings

The results show that despite dynamic economic growth of Kazakhstan’s economy, HRM practices are still in transition from those of Soviet heritage to ones that exist in Western multinational corporations. They cannot fully match the country’s needs for HRM development. Several recommendations for the future development of HRM in Kazakhstan are made.

Originality/value

The study examines the adaptation of HRM practices to the business environment in Kazakhstan.

Details

International Journal of Emerging Markets, vol. 14 no. 3
Type: Research Article
ISSN: 1746-8809

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Article
Publication date: 16 May 2019

Nurlan Orazalin

This paper aims to explore the extent and nature of corporate social responsibility (CSR) reporting practices in the banking sector of Kazakhstan and investigates the…

Abstract

Purpose

This paper aims to explore the extent and nature of corporate social responsibility (CSR) reporting practices in the banking sector of Kazakhstan and investigates the effects of board characteristics on CSR disclosures in the given emerging economy.

Design/methodology/approach

Data on CSR disclosures were manually collected from annual reports of all commercial banks listed in the Kazakhstan Stock Exchange (KASE) for the period 2010-2016. Financial data were obtained from audited financial statements available on bank websites and the Web page of the National Bank of Kazakhstan.

Findings

The empirical results reveal that board gender diversity has a positive influence on CSR reposting, while board size and board independence have no impact on the level of CSR disclosures. Furthermore, the results show that bank size and bank age are significant factors in the dissemination of CSR disclosures. Additionally, the findings suggest that banks with a share of foreign ownership disclose more extensive and transparent information on CSR activities than banks owned by local investors and state-owned banks.

Originality/value

The study provides evidence on the relationship between corporate governance and the level of CSR in the context of an emerging economy such as Kazakhstan, representing the Central Asian region. The study contributes to the current literature by focusing on the banking sector of Kazakhstan as a research context due to its substantial representation in the capital market of the given emerging economy.

Details

Corporate Governance: The International Journal of Business in Society, vol. 19 no. 3
Type: Research Article
ISSN: 1472-0701

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