New Tendency of the World Economy Development

2019 ◽  
Vol 7 (2) ◽  
pp. 4-8
Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Елена Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
World Economy ◽  
Modern World ◽  
Information Economy ◽  
Interconnected System ◽  
The World ◽  
Economic Growth Rates ◽  
Post Industrial ◽  
The Impact

Starting from the 21st century, a new phenomenon has discovered in the world economy - a trend has emerged to form a single world closely interconnected economic system. The formation of a closely interconnected system of the world economy is due to the proliferation of new technological structures, the structures of the new post-industrial, information economy. It is confirmed by an estimate of the average values of the coefficient of correlation of the rates of economic growth of 180 countries of the modern world over ten-year periods. The link between the economic growth rates of the countries of the world began to take shape at the beginning of the XXI century, as evidenced by the increase in the correlation coefficient of the economic growth rates of the countries of the modern world to significant values. The impact of the proliferation of new technological structures, new, post-industrial, information economy structures on the formation of a closely interconnected world economy system is confirmed by the estimates of the correlation between the economic growth rates of the USA, EU, Japan, India and China.

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.

scholarly journals The Impact of Globalization on Economic Growth

Economics ◽  
2021 ◽  
Vol 104 (10-12) ◽  
pp. 99-109
Author(s):  
Mariam Dzebisashvili Mariam Dzebisashvili
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
World Economy ◽  
English Word ◽  
Major Influence ◽  
Modern World ◽  
Human Society ◽  
Trade Integration ◽  
The World ◽  
The Impact

Twentieth century for the world economy is associated with a range of processes that involve a broader scope. The important issue in the order is at stake and at the same time the internationalization stage - Globalization. It discusses the developmental processes of the world in the socio-economic context. We are globalized as an accelerating factor. In addition to the destruction, it also contributes to modernization. The English word "globe" means Globe, while "global" - the world. Globalization -the modern English word is to make changes in the world economy and society. More precisely, the globalization of the economy is one of the components of globalization that includes several aspects: • Liberalization of Economics; • Development of trade; • Integration of countries in the modern world community; • To increase the service market; • Make investments. Globalization is a major influence on the economy of all countries. It deals with the process of creation of goods and services, the use of force, investing in "physical" capital, technologies and their spread to other countries. In the end, everything is expressed in the production and labor efficiency. The article-"The Impact of Globalization on Economic Growth" deals with the modern actual issues of globalization and its impact on the national economy. According to the author’s explanation, the globalization is the process of formation the world as an economic, technological, political and cultural entity through conditions of maintaining the statehood and national identity of the concrete countries. Globalization has the objective as well as the subjective features. That’s why the globalization includes unprecedented possibilities for development of human society as so as it threats of its existence. The positive results have been achieved only when any exposures of abuse are excluded and all decisions are received as a result of common consensus. The other trends of globalization might be ended with disaster. Globalization influences all sectors of national economy, including unemployment. In the article into detailed form are discussed the positive and negative sides of influence that globalization has on the national state and economy. In Summary, it seems that globalization involves both the development of human society and its unseen possibilities of the threat of existence. Thus, it becomes necessary in the process of globalization proper management, or implementation of fair globalization. The greatest contribution to this belongs to the leader (big) states. It is on their decisions that globalization does not depend on fate. Key words: Globalization; national economy; unemployment; international labor market.

The Problem of Factors of Economic Growth in Modern Russia

2018 ◽  
Vol 6 (5) ◽  
pp. 29-31
Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Елена Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Social Factors ◽  
World Economy ◽  
Econometric Models ◽  
Capital Account ◽  
Economic Factors ◽  
Russian Economy ◽  
The World ◽  
Economic Growth Rates

In the Russian economy after the crisis of 2008–2009 systemic changes have been 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. The use of econometric models of economic growth made it possible to establish the following. Changes in traditional growth factors — labor and capital — account for only 11% of the economic growth before the crisis, and only 3% after the crisis of 2018–2009. Obviously, the change in the rates of economic growth in modern Russia is due to other economic factors, factors related to human capital, innovations, institutional, political, social factors.

Inter-country inequality as a dynamic process and the problem of post-industrial development

2018 ◽  
pp. 5-29 ◽  
Author(s):  
L. M. Grigoryev ◽  
V. A. Pavlyushina
Keyword(s):  
Economic Growth ◽  
Political Institutions ◽  
Industrial Development ◽  
Modern World ◽  
New Approach ◽  
Development Level ◽  
The World ◽  
Long Time ◽  
The Difference ◽  
Post Industrial

The phenomenon of economic growth is studied by economists and statisticians in various aspects for a long time. Economic theory is devoted to assessing factors of growth in the tradition of R. Solow, R. Barrow, W. Easterly and others. During the last quarter of the century, however, the institutionalists, namely D. North, D. Wallis, B. Weingast as well as D. Acemoglu and J. Robinson, have shown the complexity of the problem of development on the part of socioeconomic and political institutions. As a result, solving the problem of how economic growth affects inequality between countries has proved extremely difficult. The modern world is very diverse in terms of development level, and the article offers a new approach to the formation of the idea of stylized facts using cluster analysis. The existing statistics allows to estimate on a unified basis the level of GDP production by 174 countries of the world for 1992—2016. The article presents a structured picture of the world: the distribution of countries in seven clusters, different in levels of development. During the period under review, there was a strong per capita GDP growth in PPP in the middle of the distribution, poverty in various countries declined markedly. At the same time, in 1992—2016, the difference increased not only between rich and poor groups of countries, but also between clusters.

scholarly journals HORIZONS OF RESEARCH IN GEOGRAPHY OF THE WORLD ECONOMY

HERALD ◽  
2017 ◽  
Vol 8 (20) ◽  
Author(s):  
Vladimir Alexandrovich Kolosov ◽  
Elena Alexandrovna Grechko ◽  
Xenia Vladimirovna Mironenko ◽  
Elena Nikolayevna Samburova ◽  
Nikolay Alexandrovich Sluka ◽  
...  
Keyword(s):  
Developing Countries ◽  
Division Of Labor ◽  
Global Economy ◽  
World Economy ◽  
Spatial Organization ◽  
Modern World ◽  
High Tech ◽  
Research Activities ◽  
The World ◽  
The Impact

The advent of "world economic transition" and the formation of a multipolar world is closely linked, according to experts, with loss of globalization advances, which strengthens regionalism, increases diversification and fragmentation of the modern world, creating risks and threats to the world development. In this light studying the spatial organization of the global economy becomes more important, and at the same time that complicates the choice of priorities in the research activities of the Department of geography of the world economy, Faculty of Geography, Moscow State Lomonosov University in 2016-20, requiring a new research “ideology”. The article summarizes some ideas expressed by the department staff. It specifies that concept of territorial division of labor, as well as the defined set of key actors in the world economy and common assumptions regarding their contributions to its development needs a significant revision. The above firstly concerns giant developing countries, in particular rapidly growing China – a kind of locomotive entraining other developing states. Further, the impact of multinationals on the overall architecture and the territorial organization of the global economy becomes more and more tangible. This phenomenon requires the creation of a new scientific area of concern – the corporate geography as a tool to thoroughly investigate the transnational division of labor. Changes in the balance of acting forces are closely related to changes in industry composition and spatial organization of the global economy. The article raises the issues of development of such processes as tertiarization of the economy, reindustrialization and neoindustrialization, the latter being understood as an evolutionary transition to a knowledge-intensive, high-tech, mass labor-replacing and environmentally efficient industrial production. Basing on preliminary research from the standpoint of a relatively new methodological approach – formation of value chains – the vector of "geographical transition" " in their creation from developed to developing countries was designated. This means increasing complexity of the territorial structure of the world economy and an increase in the importance of semi-periphery. A spatial projection of globalization processes in the form of emerging “archipelago of cities”, which consolidates the international network of TNCs as the supporting node frame of the global economy requires close attention and analysis. The need of comprehending the study scope in the field of geography of the world economy in medium Atlas Information Systems (AIS), which in terms of functionality belong to the upper class of electronic atlases, is noted.

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.

scholarly journals Book review: Steve Keen, Debunking economics

10.26458/1427 ◽  
2014 ◽  
Vol 14 (2) ◽  
pp. 65
Author(s):  
Darío Ibarra ZAVALA
Keyword(s):  
Economic Growth ◽  
Economic Crisis ◽  
Growth Rates ◽  
The World ◽  
Economic Growth Rates

The world has reduced its economic growth rates since several decades ago. Besides, there have been periods of economic “moderation” and economic crisis. Prior to the crisis of 2008, the world seemed to be running properly, but suddenly things changed and mainstream economists were not able to explain the account of this crisis. .....

scholarly journals TRENDS RESEARCH OF THE INFORMATION ECONOMY BASED ON GLOBAL INTERNATIONAL INDICES

2021 ◽  
Author(s):  
Nadiia Morozova ◽  
◽  
Tetyana Novikova ◽  
Timur Malafeyev ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Developed Countries ◽  
National Product ◽  
Information Economy ◽  
Development Index ◽  
The World ◽  
Information And Communication ◽  
Ict Development ◽  
The Impact

The article describes the uneven development of the information economy based on an analysis of the ICT development index in order to identify innovative growth at the national, regional, and global levels. The aim of the work is to develop a set of models for the analysis of the dynamics of the information economy, which makes it possible to determine the stages of the information economy development, groups of countries according to the level of ICT development, and to assess the factors impact of ICT development on the economic growth rate. The work considered the set of information indicators for assessing the level of the information economy development and analyzed development trends of the information economy by macro-region; developed a country profile model for ICT development and built a model for measuring the impact of ICT development on economic growth. Special empirical measures – international indices – are used to determine the extent of the impact of informatization on the countries’ development. All the indicators used in the work form the basis of the Information and Communication Technology (ICT) Development Index. This suggests that the ICT index is a universal tool for comparing world economies. Research has been carried out based on neural network modelling techniques, in particular the Kohonen network and econometric methods and models. The article discusses the use of ICT to analyze the information economy at the macroeconomic level to measure the impact of ICT on the gross national product. The author’s concept of research on the impact of ICT on the gross national product of the countries of the world has been developed. The author’s concept scheme consists of two blocks. The first block consists of the construction of country groupings based on the level of ICT development. Based on the Kohonen networks, the countries have been clustered according to the level of development of information and communication technologies, which will make it possible to compare the world economies and to highlight priority and problem areas in the implementation of ICT. The second block is to study the influence level of the ICT development index on countries' GDP using econometric models of macroeconomic indicators. The relationship between ICT and GDP has been confirmed. The simulation found that the potential for increasing GDP through ICT was greater for developing countries than for developed countries because for developed countries ICT using was routine and necessary. The impact of further ICT development in developed countries is such that, with an increase of 1% in ICT use, GDP increases by 0.6 %. For developing countries, however, the opposite is true. An increase of 1 % in the rate of ICT increases GDP by 1.2 % on average, i.e., such countries have the potential to develop and meet the targets of developed countries. The findings and results of the study can be used by policymakers and enterprises to ensure better ICT outcomes, which in turn can promote sustainable economic and social development, both in certain countries and globally.

scholarly journals Problems of destandardization and precarization of labor in the context of globalization-americanization-deglobalization of the world economy in the XXI century

2021 ◽  
Vol 27 (4) ◽  
pp. 54-65
Author(s):  
Anatoliy Arseienko
Keyword(s):  
World Economy ◽  
Role Model ◽  
Labor Relations ◽  
Developed Countries ◽  
The United States ◽  
Modern World ◽  
Labor Costs ◽  
Digital Capitalism ◽  
The World ◽  
The Impact

The article is devoted to the analysis of the content, essence and social consequences of the transformation of employment in industrially developed countries after the Second World War in the context of globalization - americanization - deglobalization of the world economy. The author pays great attention to exposing the modern mythologization of the digitalization of labor and labor relations in the countries of the global North in order to cover up the true essence of various forms of non-standard work, which has become widespread in the modern world-system within the framework of digital capitalism. At the center of the study and research of the problems of destandardization and precarization of labor in the world of digital capitalism is the digitalization of the world of work and labor relations and the impact of the digital economy on the situation of workers in Western countries, especially in the United States, which has become a role model throughout the world, including the countries with "economies in transition". The author draws special attention to the fact that the introduction of non-standard employment into economic practice in the West was caused by the transition of economically developed countries to the new social structures of accumulation by means of withdrawal, that is, by reducing labor costs within the framework of the neoliberal economy. Based on the study and analysis of foreign sources, the author concludes that the COVID-19 pandemic has become a trigger to the exacerbation of the current systemic crisis of global capitalism, which puts on the agenda the need to search for and implement new, fairer and more humane forms of world order under the slogans of the social movement of alterglobalists "People are higher than profits!" and "Another world is possible!"

SEMICENTRALISED WATER SUPPLY AND TREATMENT: OPTIONS FOR THE DYNAMIC URBAN AREA OF HANOI, VIETNAM

2011 ◽  
Vol 13 (02) ◽  
pp. 285-314 ◽  
Author(s):  
SOPHIE SCHRAMM
Keyword(s):  
Economic Growth ◽  
Wastewater Treatment ◽  
Growth Rates ◽  
Urban Areas ◽  
Wastewater Treatment Plants ◽  
Treatment Options ◽  
Septic Tanks ◽  
The World ◽  
Water Supply And Treatment ◽  
Economic Growth Rates

Hanoi, the capital of Vietnam, is experiencing rapid urbanisation coupled with high economic growth rates. This situation is both a challenge and an opportunity for the upgrading of existing technical infrastructures. Regarding wastewater treatment, the situation in Hanoi today is characterised by a lack of wastewater treatment plants, processing only a small fraction of the accumulating wastewater. Prevalent means of sanitation are septic tanks installed under buildings for the collection of domestic wastewaters, with overflowing liquids draining into the groundwater in an uncontrolled manner. This decentralised means of sanitation is therefore currently not able to clean domestic wastewaters in an effective way. This paper explores circumstances under which a semi-centralised approach can offer a sustainable solution to cope with these challenges in Hanoi. The approach has been designed to meet the challenges of fast growing urban areas around the world.

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