Azimkhan A. Satybaldin, Nailya K. Nurlanova, Anel A. Kireyeva / 93 Journal of Asian Finance, Economics and Business Vol 3 No 3 (2016) 93-102 Print ISSN: 2288-4637 / Online ISSN 2288-4645 doi: 10.13106/jafeb.2016.vol3.no3.93. A New Policy of Spatial Development of Kazakhstan on the Principles of Inclusiveness and Smart Specialization* Azimkhan A. Satybaldin 1 , Nailya K. Nurlanova 2 , Anel A. Kireyeva 3 Received: March 12, 2016 Revised: April 21, 2016 Accepted: July 18, 2016 Abstract The aim of this study is theoretical and methodological justification of formation of a new policy of spatial development of Kazakhstan's economy, which is based on the principles of inclusiveness and smart specialization. Unlike previous research, the scientific significance of the obtained results consists in the conceptual justification of the basic theoretical concepts; spatial development, covering issues of concentration, specialization, and location of production. In this study, we used scientific methods: conceptual approach involves studying various concepts of spatial development on the principle of inclusive growth and smart specialization; economic analysis allows conducting a brief assessment of the economic status of regions for a certain period; structured approach involves to the formation of new policy of spatial development. Based on this research we conclude that most successful regions have formed based on principles of inclusiveness and smart specialization, which increases opportunities for well -functioning synergistic mechanism in the field of advanced technologies with subsequent access to global markets. Keywords: Region, Spatial Development, Inclusiveness, Smart Specialization. JEL Classification Codes: O31, R11, R12. 1. Introduction 1 The world economy becomes increasingly unsustainable, and the interest for the spatial aspects of economic development research is justified by research papers in the field of regional development of foreign and domestic scientists. Many researchers have come to understand that the spatial factor is most important in the evaluation of contemporary phenomena and trends of economic development. In addition, this requires theoretical and methodological frameworks to provide methods and tools * This study have supported by Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan. 1 First Author, Director, Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan [29 Kurmangazy Street, Almaty, 050010, Republic of Kazakhstan]. 2 Deputy Director, Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan [29 Kurmangazy Street, Almaty, 050010, Republic of Kazakhstan] E- mail: n.k.nurlanova@gmail.com 3 Corresponding Author, Chief Scientist, Institute of Economics of the Ministry of Education and Science of the Republic of Kazakhstan [29 Kurmangazy Street, Almaty, 050010, Republic of Kazakhstan] E-mail: anele19@mail.ru for assessing spatial relationships and their changes. Meanwhile, not only in the domestic level but also in the global level of economic science research in the field of spatial development constantly deployed and modified. Until recently these developments were fragmented, and they were not solved methodologically. Indeed, if we considered in more detail the evolution of theories of spatial development of the economy, it should have been noted that the initial impetus of spatial development as an independent scientific direction has given research in economic science (Weber, 1929; Hoover, 1937; Kolosovsky, 1969; Saushkin, 1973; Krugman, 1991). These studies revealed the fact of the differentiation of economic phenomena and their interrelations. Universal extra attention to issues of territories, regional growth and regulation of spatial development considered in the research (Myrdal, 1957; Pred, 1966). The problems of regional development, which linked with theories of urbanization, “growth poles” and “axes of development”, were the greatest contribution being researched by scholars (Perroux, 1955; Christaller & Baskin, 1966; Friedman, 1966). It is important to emphasize that the special attention to the formation of spatial policy devoted in studies of Leontiev, 1997; Pchelincev, 2004; Minakir, 2011, which