The Impact of Trade Union on Business Activity: A Survey of Firms in Kazakhstan

Abstract:

In global reality Kazakhstan considers Eurasian economic integration as an important part of its global trading and economic development strategy. The paper evaluates degree of trade openness of Kazakhstan towards Eurasian Economic Union and identify whether the Union had effect on the Kazakhstani enterprises. Most of SME companies did not feel any impact on their respective business, but they still expect positive influence of integration on the economy as a whole. The  analysis  may  be  of  interest  to  the  different  governments of developing economies like Kazakhstan  in  terms  of choosing the necessary strategies. Based on the results government and Eurasian Economic Union institutions could improve policy of further integration development.