Orazaly SABDEN, Vyacheslav DODONOV

Orazaly Sabden, D.Sc. (Econ.), professor, director, Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan (Almaty, Kazakhstan)

Vyacheslav Dodonov, D.Sc. (Econ.), principal researcher, JSC Economic Research Institute of the Ministry of Economy and Budget Planning of the Republic of Kazakhstan (Almaty, Kazakhstan)

The problem of assessing Kazakhstans national competitiveness has been actively discussed since March 2006. The rankings used to assess national (country) competitiveness are calculated by the World Economic Forum (WEF) in the form of a special index coupled with a separate Business Competitiveness Index (BCI). Prior to 2006, national competitiveness was assessed in terms of the Growth Competitiveness Index (Growth CI), which has now been replaced by a Global Competitiveness Index (GCI). Based on 2005 results, Kazakhstan was 61st in the Growth CI among 117 countries, trailing behind Indias 50th place by 0.27 points (with a score of 3.77 against 4.04). In terms of the component indexes of the Growth CI, Kazakhstans positions were as follows: rank 77 in the technology index, rank 41 in the macroeconomic environment index, and rank 76 in the public institutions index. For comparison: Russias rankings in these component indexes were 73, 58 and 91, respectively (with an overall Growth CI rank of 75).

Changes in the indexes assessing national competitiveness had an effect on the methodology used to calculate these indicators. This change in methodology, for its part, led to a change in the positions of

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