Unemployment in Kazakhstan

Bc. Ainur Akhmetova, BS

Diplomová práce

Abstract:

This thesis is focused on the labour market in Kazakhstan. The literature review consists of the main characteristics of unemployment and the labour market, as well as a description of the economic situation in Kazakhstan and CIS countries. The policy of unemployment in Kazakhstan will also be mentioned in the literature review. The first section of the practical part of this thesis is to analyse the dynamics of unemployment in comparison with the neighbouring countries of Kazakhstan (Russia, Uzbekistan, Kyrgyzstan, Turkmenistan), which are members of the Commonwealth of Independent States (CIS), in order to understand the composition of unemployment of Kazakhstan and identify the factors that affect the unemployment the most. Data collected over the period 2001-2020 from various sources, such as WorldBank and Ilostat, are described. The analysis shows that Kazakhstan has a stable economy, which is why the unemployment rate shows a consistent decline from 2021. The second part focuses on econometric analysis and evaluation of selected market indicators, such as: Foreign Direct Investment (FDI), inflation, annual GDP growth, urban population growth, time taken to start a business, research and development expenditures, Corruption Perception Index, tourism income and the development of inflation rates for consumer goods and their effect on unemployment rates in Kazakhstan. Using the method of econometric analysis, the dependence of the unemployment rate and selected economic indicators is investigated. According to the results, the combination of the selected independent variables has an impact on the unemployment rate in Kazakhstan, with corruption and Foreign Direct Investment (FDI) having the most significant impact on the change in the unemployment rate in the country.

Keywords

Unemployment, Kazakhstan, Labour

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 31. 3. 2022

Obhajoba závěrečné práce

• Vedoucí: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program / obor:
Economics and Management / Economics and Management