Turning points in the economic development of South-American countries

10.12737/1471 ◽  
2013 ◽  
Vol 1 (4) ◽  
pp. 11-14 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Development ◽  
Growth Rates ◽  
World Economy ◽  
Turning Points ◽  
South American ◽  
Theory Approach ◽  
The World ◽  
Trading Partners

Growth rates of the South-American economies are assessed against the world economy growth rate. Turning points in economic development are identified based on the catastrophe theory approach, namely, by evaluating variances in the rates of economic growth. Turning points of economic growth are identified for the world economy and also for Brazil, Venezuela, Colombia and Chile. The said countries have grown faster than the world economy: Chile, Colombia and Venezuela have demonstrated the 4,5–5,5% growth rate, and Brazil – 3%. In terms of growth sustainability the said four countries could be ranged as follows (in descending order): Colombia, Brazil, Chile, Venezuela. All the four could be prospective business and trading partners. In terms of economic growth rates and sustainability or growth the most promising partners are Colombia and Brazil, followed by Chile and Venezuela as slightly less promising partners

The sustainability of economic development of the countries of Southeast Asia

10.12737/1732 ◽  
2013 ◽  
Vol 1 (5) ◽  
pp. 3-9 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy ◽  
Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Development ◽  
Southeast Asia ◽  
East Asia ◽  
World Economy ◽  
Turning Points ◽  
South East Asia ◽  
Economic Dynamics ◽  
The World

The method of determination of turning points of economic development and evaluation of economic dynamics. The turning points of economic development proposed to diagnose on anomalous dispersion rates of economic growth. Type the economic dynamics of the country invited to be determined by comparing the average rate of economic growth and the growth of the world economy. The risk of instability of economic dynamics are encouraged to estimate indicator, reflecting the relative variation in the pace of economic growth in comparison with the variation of the growth rate of the world economy. To determine the prospects for economic development in South-East Asia investigated the economic dynamics of Burma (Myanmar), Brunei, Vietnam, Cambodia (Kampuchea), Indonesia, Laos, Malaysia, Singapore, Thailand and the Philippines. It is established that the countries of Southeast Asia except Brunei is developing at an accelerated pace. Rates of growth of economy of these countries exceed the growth rate of the world economy. South-East Asia countries except Brunei are developing steadily. Stability and development of Vietnam and Laos exceed the level of stability of development of the world economy. Therefore, in South-East Asia should be considered to be preferable business and trade partners of Vietnam and Laos.

scholarly journals Classification of integration associations according to the degree of development of a single transport space

2019 ◽  
Vol 27 (2) ◽  
pp. 375-385
Author(s):  
Mikhail S Komov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Rates ◽  
World Economy ◽  
Transport Sector ◽  
Special Importance ◽  
The World ◽  
Definition Of ◽  
Negative Growth

In modern conditions of development of integration processes in the world economy, special importance is attached to the transport sector. The formation of a single transport space (STS) in the regions creates additional opportunities for the economic development of the integrating countries. At the same time, the literature does not pay enough attention to the definition of the essence of the single transport space and the classification of integration associations according to the degree of its development. Therefore, there is a need to develop such a classification. The article substantiates the expediency of classification of integration associations according to the degree of development of a single transport space. The author's formal-logical classification is developed, which is based on three basic types of a single transport space: transport and logistics type provide a positive multiplier of integrated economic growth for all participating countries; innovative-logistic and customs-logistic types cause polarization in the action of the multiplier of integrated economic growth (in particular, both positive and negative growth rates of GDP values of the participating countries are possible); industrial and logistics type provide a zero multiplier of integrated economic growth for all participating countries. The conclusion is made about the possibility of unification and harmonization of transport space in the practice of integration associations on the basis of the developed classification.

The Problem of Factors that Determine the Economic Development of Modern Russia

2018 ◽  
pp. 37-41
Author(s):  
Елена Басовская ◽  
Elena Basovskaya ◽  
Леонид Басовский ◽  
Leonid Basovskiy
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Rates ◽  
World Economy ◽  
Political Factors ◽  
The World ◽  
Before And After ◽  
Economic Growth Rates ◽  
The Impact ◽  
To Receive

In the economy of Russia after the crisis of 2008–2009 systemic changes were occurred. In the period before this crisis, Russia experienced economic growth, which was faster than the growth rate of the world economy, then after the crisis, economic growth rates do not exceed the growth rates of the world economy. To identify the reasons and factors for changing the model of economic development of the country, a project for researching the economy before and after the crisis of 2008–2009 is proposed. It is proposed to receive quantitative assessments of the impact of economic, socio-economic, political factors and other significant factors that determine productivity, differing by region of the country, by building econometric models of productivity in the form of expanded production functions.

Sustainability of Latin American and South American Economies

2018 ◽  
Vol 6 (5) ◽  
pp. 17-21
Author(s):  
Елена Басовская ◽  
Elena Basovskaya ◽  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Светлана Гришина ◽  
...  
Keyword(s):  
Growth Rate ◽  
Latin American ◽  
Growth Rates ◽  
Catastrophe Theory ◽  
World Economy ◽  
South American ◽  
Latin American Economy ◽  
The World ◽  
American Economy ◽  
Stable Development

Econometric estimates of the sustainability of Latin American and South American economies based on catastrophe theory are given. It is established that the Latin American economy is developing relatively steadily. Brazil, Venezuela, Colombia and Chile are developing at an accelerated pace. The growth rates of the economies of these countries exceed the growth rates of the world economy. The growth rate of the economy of Chile, Colombia, and Venezuela is 4.5–5.5%. The most stable development of the economy of Colombia. The Brazilian economy is developing a little less steadily. The economy of Chile and Venezuela is steadily developing.

scholarly journals Structural changes and economic growth in the world economy and Russia

2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Global Economy ◽  
World Economy ◽  
Structural Changes ◽  
Russian Economy ◽  
The World ◽  
Preliminary Version ◽  
The One ◽  
Relationship Of

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.

scholarly journals A dinâmica da integração internacional das economias e o Brasil: um exercício teórico

2018 ◽  
Vol 5 (1) ◽  
pp. 635
Author(s):  
Eiiti Sato
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Relations ◽  
World Economy ◽  
International Political Economy ◽  
Market Forces ◽  
State Institutions ◽  
Domestic Markets ◽  
The World ◽  
The Relationship

Since the exchange of goods, services, and capital became a worldwide system some nations have succeeded becoming wealthy and prosperous while many others have failed remaining in poverty. Over the last three decades the dynamism of the increasing integrated world economy became an essential part of the process of economic growth, and as a consequence growth has been meager in countries like Brazil whose authorities have remained systematically hesitant to integrate the domestic markets into the world economy, staying apart from the main flows of trade and capital. The article discusses also why economic development studies has moved from the field of Economy to the field of International Relations forming the area of International Political Economy studies which is mainly driven to understand the trends and changes in the relationship between the state institutions and the market forces in the national and international levels. The essay concludes that to any country the process of integrating into the world economy means exploring and improving national potentialities rather than abandoning national identity and interests. 

scholarly journals Prospects for Vietnam’s Economy in 2013

2013 ◽  
Vol 215 ◽  
pp. 02-11
Author(s):  
NGÂN TRẦN HOÀNG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
World Economy ◽  
Inflation Rate ◽  
Economic Restructuring ◽  
Short Term ◽  
Economic Growth Model ◽  
The World ◽  
Global Growth

In 2012, Vietnam?s economy faced great challenges. The world economy experienced more difficulties and complicated upheavals. International trade fell drastically while global growth rate was lower than predicted target, which affected badly the Vietnamese economy because of its full integration into the world economy and large openness. In this context, principal targets set for 2013 are macroeconomic stability, lower inflation rate, higher growth rate, three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model. This paper analyzes obstacles to Vietnam?s economic growth, and offers short-term solutions to bottlenecks and long-term ones to the economic restructuring.

INNOVATIONS IN UZBEKISTAN -AN IMPORTANT FACTOR OF ECONOMIC DEVELOPMENT

2020 ◽  
Vol 9 (3) ◽  
pp. 23-32
Author(s):  
Nurali Lapasov ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
National Security ◽  
Technological Progress ◽  
World Economy ◽  
Innovative Development ◽  
Key Factors ◽  
The World ◽  
The Republic

Innovation and scientific and technological progress are one of the key factors of economic growth. Innovative economic growth is determined by the dynamics of economic development and the level of welfare of the population, national security, the possibility of equal integration into the world economy, mainly the country's ability to use scientific and technical achievements in practice. Accordingly, the strategy of innovative development of the Republic of Uzbekistan for 2019-2021 has been approved in our country. The article discusses the trends of innovative development of the Republic of Uzbekistan, the causes and factors hindering the development of the innovative sector of the economy and makes recommendations based on world experience

Energy constraints on economic growth

2020 ◽  
pp. 8-17
Author(s):  
V. Tsibulskiy
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Energy Consumption ◽  
World Economy ◽  
Gdp Growth ◽  
Domestic Economy ◽  
Russian Economy ◽  
Gdp Growth Rate ◽  
The World ◽  
The Relationship

The article presents analytical estimates of the relationship between such economic characteristics as gross domestic product, energy consumption and the degree of complexity of the economy, characterized by the number of stages of product conversion. These estimates are largely based on statistics for the world economy and the Russian economy. Considering, within the framework of the presented model, the possibility of increasing the GDP growth rate of the domestic economy will require a signifi cant reduction in energy tariff s and an increase in the scale of its production.

scholarly journals Trajectory of Steady Growth or Next Disbalance of Mechanisms of the World Economy

2019 ◽  
Vol 12 (5) ◽  
pp. 64-90
Author(s):  
E. N. Smirnov ◽  
V. N. Kirillov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Interest Rates ◽  
World Economy ◽  
Practical Importance ◽  
Modern World ◽  
Economic Dynamics ◽  
Social And Economic Development ◽  
The World

Main objective of the article – assessment of problems and opportunities of speeding up of world economic growth in the context of the crisis phenomena and turbulence in economy. Complication and reformatting of the economic relations between the countries represents serious challenges for modern economic dynamics. Methodological approach of the authors is based on assessment of the defining influence of new factors on delay of economic activity and economic development. The thesis about the defining impact of international trade on economic growth is called into question. It was analyzed the value and a role of the international companies as growth catalysts in the conditions of new technological revolution. It is established that risks of development of the world economy continue to increase, and the main of them – in decline in labor productivity in the developed countries, uncertainty concerning interest rates and economic policy of the states, the universal growth of sovereign and corporate debt of the states. It is shown that China has the increasing problems with the growth; however the flexibility of its economic policy allows to connect additional mechanisms of speeding up of social and economic development. In the European Union economic growth depends on the solution of problems of consolidation of the budgetary process, decrease in a debt, and in general – on reforming of the existing model of social and economic development. Prospects of economic dynamics will depend in many respects on stability of trade relations between the countries, and on the effective international cooperation directed to overcoming imbalances of the modern world economy. Opportunities and problems of an exit of developing countries to a trajectory of sustained economic growth in the conditions of digitalization and digital transformations in the world economy are estimated. Aggravation of a problem of inequality in the conditions of digitalization of the world economy is possible to overcome, however a number of measures in the sphere of industrial, innovative and regulatory policy is necessary. Also at the international level serious reforms in the sphere of financial regulation and taxation are necessary. The conclusions received as a result of the research have important practical importance as overcoming the problems stated above and also trade political differences between the countries will make economic growth steady and inclusive.

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