Poverty Reduction in Developing Countries via Infrastructure Development and Economic Growth: Mutual Impact in Kazakhstan

Abstract

This research paper has a complex character, involving problems of economic, social and infrastructural development. Research has been conducted at two levels: national and international. In the first part, on the basis of analysis, we examine the influence of economic growth and infrastructure development on poverty reduction. In the second part, we examine how economic growth increases the demand for infrastructure and social services development. We will consider two aspects of infrastructure: Physical (access to good potable water, electricity and power resources, roads and communications), and Social (medical, educational, cultural services). At the national level, three aspects of infrastructure development are analyzed: Insufficient, inadequate, and poor infrastructure development in depressed and rural zones, leading to the continuation of poverty; Growing infrastructure demand for economic development and poverty reduction; and Development of infrastructure services to a new qualitative level.