REFINING THE CONTOURS OF GLOBAL ECONOMIC DEVELOPMENT
I agree with the authors ' tandem that at present it makes sense to double-check and adjust, if necessary, the available estimates of trends, components and factors of global economic development. Many researchers in the world are doing this. The question is how to eliminate some inaccuracies and (semi -) myths without inadvertently creating others. In the text proposed for discussion, it seems that (perhaps for the sake of enlivening the discussion) a somewhat embellished picture of Asian (Chinese) success against the background of a significant failure in the economic growth of Western countries and Japan. I will try to clarify a number of details of the overall picture of development. 1. The world has indeed been going through difficult times over the past three or four years, due to the causes and consequences of the current crisis, from which a considerable part of humanity has not yet really emerged. On this basis, excessively pessimistic conclusions and forecasts are often made. If you look at long-term global development trends, you can analyze the age-old trends in the style of F. Braudel and R. Cameron, to find that there is no real slowdown in global economic dynamics. The average annual growth rate of per capita GDP in the world increased by about an order of magnitude (as a result of the industrial revolution) - from less than 0.1% per year in 1700-1820 to 0.8-1.0% in 1820-1913. Then, despite two world wars, a deep depression, transformational and other crises, it almost doubled due to the information and communication revolution (ICR) and a number of positive effects of globalization (including the spread of modern economic growth to developing countries, etc.), reaching 1.7 - 1.8% in 1913-2010. However, the growth rate of the global per capita product in 1980-2010 (1.9 - 2.1%) was perhaps 1 lower than in the first post - war decades (in 1950-1980 - 2.5 - 2.6%). At the same time, despite a significant reduction in the considered indicator in developed ... Читать далее
____________________

Эта публикация была размещена на Либмонстре в другой стране и показалась интересной редакторам.

Полная версия: https://biblio.uz/m/articles/view/REFINING-THE-CONTOURS-OF-GLOBAL-ECONOMIC-DEVELOPMENT
Точикистон Онлайн · 5 hours ago 0 17
Professional Authors' Comments:
Order by: 
Per page: 
 
  • There are no comments yet
Library guests comments




Actions
Rate
0 votes
Publisher
Точикистон Онлайн
Душанбе, Tajikistan
19.11.2024 (5 hours ago)
Link
Permanent link to this publication:

https://library.tj/blogs/entry/REFINING-THE-CONTOURS-OF-GLOBAL-ECONOMIC-DEVELOPMENT?lang=en


© library.tj
 
Library Partners

LIBRARY.TJ - Digital Library of Tajikistan

Create your author's collection of articles, books, author's works, biographies, photographic documents, files. Save forever your author's legacy in digital form.
Click here to register as an author.
REFINING THE CONTOURS OF GLOBAL ECONOMIC DEVELOPMENT
 

Contacts
Chat for Authors: TJ LIVE: We are in social networks:

About · News · For Advertisers

Digital Library of Tajikistan ® All rights reserved.
2019-2024, LIBRARY.TJ is a part of Libmonster, international library network (open map)
Keeping the heritage of Tajikistan


LIBMONSTER NETWORK ONE WORLD - ONE LIBRARY

US-Great Britain Sweden Serbia
Russia Belarus Ukraine Kazakhstan Moldova Tajikistan Estonia Russia-2 Belarus-2

Create and store your author's collection at Libmonster: articles, books, studies. Libmonster will spread your heritage all over the world (through a network of branches, partner libraries, search engines, social networks). You will be able to share a link to your profile with colleagues, students, readers and other interested parties, in order to acquaint them with your copyright heritage. After registration at your disposal - more than 100 tools for creating your own author's collection. It is free: it was, it is and always will be.

Download app for Android