Women’s Entrepreneurship: Problems and Prospects of Development in the Republic of Kazakhstan

Abstract

The purpose of this work is to identify the specifics and prospects for the development of women’s entrepreneurship in Kazakhstan. The article is devoted to the problems of developing women’s entrepreneurship, the solution of which is not only a big step towards solving the problem of gender inequality but also a huge breakthrough for the economy of the whole world. Based on a literature review, the article presents the specifics of women’s entrepreneurship in the Republic of Kazakhstan, identifies the problems of women’s entrepreneurship, and assesses the prospects for its development in the digital economy. The status of gender equality and the growth of women’s entrepreneurship over a span of years are evaluated. Issues and deficiencies in this field have been acknowledged, and opportunities for the advancement of women’s entrepreneurship in Kazakhstan have been ascertained through economic and social evaluations. The study’s findings helped to identify the best strategies for encouraging women to take the initiative to launch their own businesses, which is an essential part of the contemporary labor market. The results of the study can be used both at the state and local levels to develop programs and strategies to achieve the 5th Sustainable Development Goal and gender policy in the regions of Kazakhstan.