Mechanical engineering as a growth driver economy of Kazakhstan

Abstract

This article discusses the development of production processes in the context of integration, which makes it possible to increase the competitiveness of the industry, concentrate production, money and commodity capital, increase the speed of production, introduce innovations, produce products with high added value and enter the world markets. The features of the growth of the machine-building industry, which determine the energy and material consumption of the economy, labor productivity, the level of generation of innovations, the level of environmental safety of industrial production and the economic security of the country, are analyzed. Revealed and substantiated the need to focus on the “complication” of the national economy and diversification of those industries that give the maximum multiplier effect and high-quality economic growth. On the basis of the conducted research, the author proposes to activate the innovative development of mechanical engineering as a driver of industrialization in Kazakhstan. The need for the growth of domestic mechanical engineering, which provides the country's economy with means of production, promotes the development of all manufacturing industries, fuel and energy, transport and logistics, extractive sectors of the economy and agriculture is revealed and substantiated. On the basis of the study, the author proposes to highlight the multiplier effect, reflecting the degree of influence of a particular industry or sector on the growth of the economy as a whole by creating additional demand in other industries and sectors of the economy, and, consequently, jobs. The success of the development of mechanical engineering is determined in the proposed directions for increasing state support and stimulating the industry.