Diversification of tourism and economic development of Kazakhstan

A. Panzabekova

Abstract


The article aims to demonstrate how the economic conditions of Kazakhstan determine the need for horizontal diversification in the tourism industry by analyzing the correlations between the volume of tourism services and such indicators as the GDP, unemployment, tenge exchange rate, inflation and the number of small and medium-sized enterprises. The overview of the tourism industry in the republic and its development prospects shows that tourism has been playing an increasingly important role in the country’s economy. The negative factors that hinder development of the tourism industry in Kazakhstan include the lack of transport and information infrastructure, the unstable banking sector and unaffordable business loans, the lack of qualified personnel in marketing, catering and hospitality spheres.
A conclusion is made that the potential for the development of recreation, sport, cultural, ecological and religious tourism is not fully realized in the country and that a more diversified portfolio of tourism products is required. Moreover, it is necessary to enhance the country’s economic growth, that is, to reduce its dependence on oil and gas, support the development of the banking sector and implement structural reforms.
The results of this research can be used for designing state and regional tourism support programs in Kazakhstan.

Keywords


identification; diversification; tourism; economic development; Kazakhstan

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References


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DOI: https://doi.org/10.15826/recon.2018.4.3.012

Copyright (c) 2018 A. Panzabekova

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Online ISSN 2412-0731