Integration and Economic Sustainability: The Impact of Foreign Economic Activity

Nabiyeva Akbayan (), Temirlan Erlanuly Baigon (), Saparbayeva Saule () and Ercan Özen ()
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Nabiyeva Akbayan: Eurasian National University
Temirlan Erlanuly Baigon: Eurasian National University
Saparbayeva Saule: Eurasian National University
Ercan Özen: Faculty of Applied Sciences, University of Uşak

A chapter in Competitiveness and Sustainability in the Digitization Era, 2025, pp 229-243 from Springer

Abstract: Abstract This article explores foreign economic activity, including international commerce, investment cooperation, scientific and technological collaboration, and monetary-financial interactions. It examines these activities’ relationships and effects on national economic growth. The research also examines theoretical methods, phases, and elements affecting foreign economic activity and assesses Kazakhstan’s experiences managing and maximizing international economic contacts. The research analyzes foreign economic activity using many methodologies. International commerce, investment cooperation, and scientific and technological collaboration are studied using a broad scientific method. A system approach is used to study how diverse foreign economic activities affect national economic growth. Additionally, a comparative analysis compares the international economic practices and outcomes of various countries, including Kazakhstan, in managing economic contacts. Foreign economic activity boosts commerce, investment, and technology, boosting national economic development. The study shows that successful international trade and investment cooperation management boosts output, jobs, and economic stability. Scientific and technical collaboration boosts innovation and competitiveness. The results also demonstrate that strong regulatory frameworks and international financial standards optimize foreign economic activities. The results show that economic, political, technical, and regulatory issues affect foreign economic activity and a country’s global market integration and economic resilience. Trade, investment, and technical collaboration are interrelated, and foreign economic activity shapes national economic progress. It shows that good management and regulatory compliance boost international economic activity. The research shows that economic, political, technical, and regulatory issues affect international economic activity. This boosts a nation’s economic integration and resilience. International viewpoints frequently emphasize trade and investment as economic development drivers, although regulatory compliance and technical innovation are becoming more important. Foreign economic activity must be understood using theoretical and empirical data to maximize its advantages and sustain economic growth, according to the results.

Keywords: Foreign Economic Activity; International Trade; Economic Integration; Investment Cooperation; Scientific and Technical Cooperation; Monetary-Financial Relations (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-91778-3_11

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DOI: 10.1007/978-3-031-91778-3_11

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