Journal of Entrepreneurship Education (Print ISSN: 1098-8394; Online ISSN: 1528-2651)

Abstract

The Kazakh Cotton Industry and International Competitive Advantage

Author(s): Tulemetova AS, Seydakhmetov MK, Mergenbaeva AS, Abdikerimova GI, Kulanova DA, Sadyrmekova N, Durru O,

Cotton production is an important part of the economy in the Central Asia. However, the collapse of the Soviet Union, destruction of economic ties and financial crisis has entailed a significant decline in the cotton industry. In this connection, the purpose of the research is to develop methodological foundations and guidelines to improve the cotton industry in the context of its impact on the textile industry competitiveness and development in the case of the Republic of Kazakhstan. We have formed ways to improve the cotton industry, proposals to optimize cotton production costs in the current market environment, characterized by a necessity of ensuring public needs in textile manufacture (in particular, cotton production and consumption). These guidelines were substantiated in the framework of production and sales of related companies within the textile industry, within the impact of efficient cotton production and consumption on textile industry competitiveness and development in general.