Japan, China, and the Modern World Economy: Toward a Reinterpretation of East Asian Development ca. 1600 to ca. 1918.

1980 ◽  
Vol 9 (2) ◽  
pp. 245
Author(s):  
Edwin A. Winckler ◽  
Francis V. Moulder
Author(s):  
E. Smirnov

At the present stage, the world economy is experiencing a difficult stage of development, which is determined by many factors, in particular, the dynamics of economic growth, the increase in global inequality, and the mixed influence of digital transformation processes. The article analyzed the main trends and risks of modern world economy development, as well as identified key aspects of multilateral regulation and restoration of economic balance on the international scale.


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