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2023 | OriginalPaper | Chapter

World Economy: Growth, Proportions, Efficiency, and Forecasting

Author : Alexander Bulatov

Published in: World Economy and International Business

Publisher: Springer International Publishing

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Abstract

This chapter firstly describes the factors and main models of economic growth, as well as its dynamics in retrospect. Then, it analyzes the main economic proportions and indicators of macroeconomic efficiency in the world. At the end of the chapter, there is a section on the methodology and practice of macroeconomic forecasting.

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Literature
go back to reference Maddison, A. (2007). Contours of the World Economy, 1–2030 AD. Essays in Macro-Economic History. Oxford University Press. Maddison, A. (2007). Contours of the World Economy, 1–2030 AD. Essays in Macro-Economic History. Oxford University Press.
go back to reference McConnell, C. R., Brue, S. L., & Flynn, S. M. (2017). Macroeconomics. (21st ed.). McGraw Hill. McConnell, C. R., Brue, S. L., & Flynn, S. M. (2017). Macroeconomics. (21st ed.). McGraw Hill.
go back to reference Summers, P. (2015). Macroeconomic Forecasting: A Practical Guide. Business Expert Press. Summers, P. (2015). Macroeconomic Forecasting: A Practical Guide. Business Expert Press.
go back to reference Todaro, M. P., & Smith, S. C. (2020). Economic Development (13th ed.). Pearson. Todaro, M. P., & Smith, S. C. (2020). Economic Development (13th ed.). Pearson.
Metadata
Title
World Economy: Growth, Proportions, Efficiency, and Forecasting
Author
Alexander Bulatov
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-20328-2_3

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