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.

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

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. 

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

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.

The Role and Importance of Tourism Sector in Economy of Kyrgyzstan

2018 ◽  
Author(s):  
Tolkun Zhumakunova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Exchange ◽  
World Economy ◽  
Tourism Industry ◽  
Balance Of Payments ◽  
Underdeveloped Countries ◽  
Tourism Sector ◽  
The World ◽  
Economic Developments

Since the second half of the 20th century tourism has become one of the fast developing and expanding sectors in the world economy. The tourism sector plays an important role in alleviating issues related with the balance of payments, reducing unemployment, creating tax incomes and contributing to economic developments by providing a large foreign exchange inflow to the country, therefore, we can say that this sector has larger impact on economic growth than other sectors. As it is in developing and underdeveloped countries, in Kyrgyzstan the tourism industry is one of the most important sectors in the economy. The tourism sector in Kyrgyzstan plays an important role in in economic development by reducing the level of unemployment and generating the income by providing mass foreign exchange inflow to the country. In this context the aim of this paper is to analyze the role and importance of tourism in Kyrgyzstan’s economy by using methods of statistical analysis. The results show that the total number of tourists coming to Kyrgyzstan, thus the tourism revenues increased. In other words, when tourism revenues increase, this fosters economic development, by receiving a larger share of tourism revenues. In this study, the literature review method was used.

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.

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.

The Impact of the Spread of COVID-19 on Globalization

2022 ◽  
pp. 181-199
Author(s):  
Lenka Nigrinová
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Trade Networks ◽  
The World ◽  
Economic Relationship ◽  
Definition Of ◽  
Restrictive Measures ◽  
The Impact ◽  
Further Development ◽  
Financial Recession

The text analyzes the changes in the process of globalization which have occurred in connection with the spread of COVID-19 and determines the possibilities for further development. It is based on the definition of globalization according to the OECD. Several years before the pandemic came, and globalization entered a phase of slowdown. It was called deglobalization. The main facts that caused this process were financial recession in 2008 and changes in USA and China economic relationship. The pandemic has weakened economic growth in many countries, reduced trade and travel, and introduced restrictive measures. The effects of a pandemic for individual states depend on the extent to which the states are connected in global production and trade networks. Three scenarios and their impact on globalization, trade, and the world economy are introduced.

Chapter III. The World Economy

1979 ◽  
Vol 87 ◽  
pp. 36-56
Keyword(s):  
Economic Growth ◽  
North America ◽  
Growth Rates ◽  
World Economy ◽  
Western Europe ◽  
The World

1978 was on the whole a year of convergence in rates of economic growth and inflation both between North America and Western Europe and within Western Europe itself. European growth rates in particular came unusually close together, but European rates of inflation still differed quite widely, with particularly high rates recorded in some of the peripheral countries.

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