Conclusion

Executed course is finished scientific the research work containing the solution of an actual problem on to improvement of management by financial streams of the national economy of Kazakhstan. According to the purposes and research problems were the following conclusions and results are formulated:

1. The state role in modern market economy is shown. The modern content of concepts economic policy is opened and state regulation of economy. The purposes and classical are given model of the founder of the theory of economic policy of the state

Dutch economist of Nobel prize winner Ya. Tinbergen. At it the budgetary policy and the offer of money are allocated with it as most effective and effective tools, and also are formulated requirements and condition of formation of healthy economic policy, received popularity as «Tinbergen's inequality». The role of the categories "demand" (in macroeconomic «cumulative demand»), and "offer" is opened also (in macroeconomic «the cumulative offer»), the interrelation between which in market economy defines essentially excellent approaches to a management and regulation problem.

2. It is proved that variables of a stream are measured in unit of time and characterize actually "course" of economic processes in time and represent process of education and change of variables of a stock. In the turn streams cause changes in stocks. The interrelation of stocks and streams makes a basis of initial macroeconomic model of circular streams. In this regard the author formulated the following definition.

Financial streams are the variables characterizing a course of processes creations, transformations, an exchange, transfer or disappearance of economic cost in time and the space defined by activity of institutional units (firms, house farms, the state and «other world») on internal and external financial the markets.

3. It is shown that in the conditions of financial globalization in Kazakhstan because of limitations in the country of internal sources of economic growth was the decision is made: using possibilities of financial globalization to provide to development of oil and gas sector the highest priority a way attraction of foreign investments and on proceeds to develop other sectors of economy. However caused by it and growing inflow "petrodollars" to Kazakhstan it is considered not only as positive factor of economic growth, but also as reason of excessive strengthening national currency, high inflation and development braking manufacturing industry, agriculture and hi-tech productions with the high added cost. In result of that the economy of Kazakhstan got the one-sided raw orientation; there was «the Dutch illness», reproduced by a peculiar financial mechanism.

4. It is established that the concept «capital flight» means the illegal capital export abroad, that is the export which is carried out with violation any norms, laws of the country of origin. The escaped capitals represent an economic benefit missed by the state, as instead of being invested, placed in to legal economy. Kazakhstan, they serve, generally to the foreign to banking capital.

Shadow economic activity exists in any model market economy, however its scales essentially differ. Hypertrophied scales of shadow sector deform all system market economy, reducing its efficiency. Determinant prevention of a hypertrophy of scales of shadow economy was and today there is a state

5. It is revealed that in process of advance of economy of Kazakhstan on the way developments its dependence on an environment of the world market and in, particulars, from fluctuations of the world prices for oil and other raw materials all is shown more distinctly. The narrowness of this communication is especially evident on a site between 1996 and the beginning of 1999 as during this period the economy of Kazakhstan was in a condition of a depression and rates of change of considered indicators were approximately identical. Actually growth of volume of gross domestic product of Kazakhstan is caused not so much by growth of volume of oil production, how many in connection with a rise in prices for oil in the world market, to be exact increase in demand at oil which pulls the offer, i.e. increases oil production volume. Differently growth of physical volume of oil production is derivative of change of the world prices for oil and an environment of the world market.

6. It is proved that threat of a combination of crisis of the balance of payments and external debt crisis arises in that case when the government increases a duty at the expense of the foreign loans which sizes considerably surpass deficiency of the account of the current operations. Therefore one of problems of economic safety of the country is decrease in the risks connected with high level of a gross external debt. Importance is underlined the undertaken measures with a view of restriction of external loan, including limits of the minimum reserve requirements of a currency position, limit short-term obligations to nonresidents which are directed on restriction of external obligations of banks by a limit binding to to own capital. The maximum limit of the cumulative is also established obligations of banks to nonresidents of Kazakhstan with the account and without taking into account the debt securities issued by banks.

7. It is established that management of official reserve assets becomes the major macroeconomic task state regulations also leaves on the international level as occurs prompt growth and their placement abroad. Solution accumulation of superfluous official reserve assets in structure to the international liquidity there can be their diversification. Allocation from structure of the international reserves of special funds became other important tendency, operating with which bodies of monetary and credit regulation pursue the aims, distinct from the traditional purposes of management of official reserve assets (mainly increase in profitability).

8. It is revealed that for the Republic of Kazakhstan in 1999-2008 most emergence of a problem of foreign trade through offshore became sharp zones. The government of Kazakhstan didn't begin to limit trade through offshore zones, but for the purpose of prevention of drain of capital from the country and elimination of losses of state revenues entered control over the prices, used in export-import transactions, having passed of the law - «About the state control at application of the transfer prices». Thought-over rational use of a rent from extracting branches takes on special significance in a context of a paradigm of a sustainable development as such rent is generated as a result of operation not the renewable resources which stocks will be finally settled. The tax system and a tax policy should be directed on creation of the tax mechanism stimulating the Kazakhstan taxpayers to make and consume the goods and services of a domestic production. Via tax tools it is necessary to "adhere" accumulation and investment of financial resources.

9. It is proved that occurring in Kazakhstan economic and financial crises are result of realization of a neoliberal approach. Other approach – represents attempt of a complex look on development of all sector of private finance. The burst financial crisis repeatedly strengthens a role of this approach in development of national economy. The most important reasons of this crisis are: a problem of access to the credit of small and medium business, need for considerable long-term investments in infrastructure, requirements of innovative development of economy of Kazakhstan and a problem of access to brave financing, low competitiveness of the processing and processing productions, the lost fifteen years of a transition period. In this regard with all evidence a number of common goals on development of the financial sphere of Kazakhstan which realization it is possible to start already today is shown. These are measures for strengthening of contract discipline; strengthening of corporate governance; supervision strengthening both in the banking sector, and in other branches; creation of conditions and observance of rules of the competition; creation of system of information for clients, transparency of a condition of financial institutions taking into account asymmetry of information at investors, intermediaries and issuers.

Assessment of completeness of solutions of objectives. Conclusions, formulated according to sections of the executed researches, testify that the research objective, regarded as of paramount importance this work, is reached and the following objectives are completely solved:

- principles of state regulation of finance are defined, and also factors of formation and management of financial streams in to open national economy;

- the methodological tools of research are revealed and constructed and balanced management of financial streams of the national farms in the conditions of globalization;

- on the basis of the analysis of these SNS and a matrix of financial streams it is given assessment of a condition of management of financial streams in open economy Kazakhstan;

- on the basis of the analysis of statistical data and ranks of dynamics macroeconomic indicators the assessment of their interrelation with world is given prices for oil and environment of the world market of raw materials;

- ways are defined and measures for management improvement are developed financial streams in economy of Kazakhstan, including mechanisms managements of a budget deficit, external debt, international reserves, pricings, activity of banks of the second level and others financial institutions.

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