Basic models of national economic systems
The subject of the study is the main models of national economic systems.The purpose of the study is to determine the main aspects of a successful economic model.Research methods. The article uses the dialectical method of scientific knowledge, the method ofanalysis and synthesis, the comparative method, the method of data generalization.Results of the work. The article identifies a list of the main models of national economic systems.The characteristics of these models are given, their advantages and disadvantages are identified. It isproved that modern economic systems must be flexible, susceptible to change and able to respond tothe challenges of the time. It is found that one of the main aspects of a successful economic model isinvestment in human capital.Conclusions. The mixed economic model is becoming increasingly popular, as it allows countries touse the advantages of both systems. In such economies, the private sector will be able to flourish, whilethe state provides important social services and regulates the market to protect public interests.This includes the creation of social security programs, regulation of prices for goods and services,and the formation of funds to support small and medium–sized enterprises. An important directionin the development of national economic systems is globalization, which creates new challengesand opportunities. Countries must adapt their models in conditions of the global market, taking intoaccount international competition, investments and technological progress. This can lead to thetransformation of national economies, hindering the achievement of sustainable development andsocial justice. It should also be noted that changes in political systems, environmental requirementsand economic policies can significantly affect the choice of a development model. Successful nationaleconomic systems must be adaptive and able to respond to modern challenges, including climatechange, demographic changes and technological innovations.
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-03-17
- DOI
- https://doi.org/10.5281/zenodo.15038487
- Primary Topic
- Economic Development and Digital Transformation
- Type
- article
- Field-Weighted Citation Impact
- 0.00