Comparative cross-country studies of regional economy development in modern turbulent conditions

Relevance. I n modern turbulent conditions, the global economic system is undergoing a transformation, which causes the emergence of new development centers at various levels. These trends require a search for relevant approaches to ensuring economic development. Therefore, knowledge of the main trends that determine the prospective development of the world economy in the near future is a priority task in the field of ensuring the vital functions of individual states. The purpose of the study is to conduct comparative cross-country studies of economic development to determine the main trends in this area that ensure the vital functions of individual states in modern turbulent conditions. Objectives: to conduct a comparative analysis of the economic development of individual countries of the world based on key development indicators; to identify modern trends that influence the economic development of the world economy. Methodology. In carrying out the research, modern methodological apparatus was used, starting from general methods based on traditional approaches, special tools such as methods of system and economic analysis, synthesis, grouping and comparison, methods of rank statistics, etc. Results. The modern trend occurring in the global economy is substantiated - this is a period of geopolitical fragmentation with a shift in emphasis from ensuring common macroeconomic benefits to protecting national interests, which leads to certain shifts in the global economy and the emergence of new centers of economic development. Conclusions. The article provides a comparative analysis of individual countries of the world and identifies the main trends that determine the prospective development of the world economy. The projected trends in economic development in the world for the coming years are given.

Authors

Institutions

Publication Details

Journal
Proceedings of the Southwest State University Series Economics Sociology and Management
Published
2024-12-06
DOI
https://doi.org/10.21869/2223-1552-2024-14-5-135-146
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Comparative cross-country studies of regional economy development in modern turbulent conditions

Tatyana Babich, Yulia Polozhentseva
Proceedings of the Southwest State University Series Economics Sociology and Management
Economic Development and Digital Transformation
article

Comparative cross-country studies of regional economy development in modern turbulent conditions

Tatyana Babich, Yulia Polozhentseva
article en

Abstract

Relevance. I n modern turbulent conditions, the global economic system is undergoing a transformation, which causes the emergence of new development centers at various levels. These trends require a search for relevant approaches to ensuring economic development. Therefore, knowledge of the main trends that determine the prospective development of the world economy in the near future is a priority task in the field of ensuring the vital functions of individual states. The purpose of the study is to conduct comparative cross-country studies of economic development to determine the main trends in this area that ensure the vital functions of individual states in modern turbulent conditions. Objectives: to conduct a comparative analysis of the economic development of individual countries of the world based on key development indicators; to identify modern trends that influence the economic development of the world economy. Methodology. In carrying out the research, modern methodological apparatus was used, starting from general methods based on traditional approaches, special tools such as methods of system and economic analysis, synthesis, grouping and comparison, methods of rank statistics, etc. Results. The modern trend occurring in the global economy is substantiated - this is a period of geopolitical fragmentation with a shift in emphasis from ensuring common macroeconomic benefits to protecting national interests, which leads to certain shifts in the global economy and the emergence of new centers of economic development. Conclusions. The article provides a comparative analysis of individual countries of the world and identifies the main trends that determine the prospective development of the world economy. The projected trends in economic development in the world for the coming years are given.

Proceedings of the Southwest State University Series Economics Sociology and ManagementVol. 14(5)
Southwest Minnesota State University (US)
Openalex Percentile: Top 60%
Economic Development and Digital Transformation
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.