Current Trends in the World Economy

The paper presents the dynamics of the world economy that emerged by the autumn of 2015. The review is based on the following data for the world leading countries: GDP, industrial production, exports and imports, money market indicators, stock indices, exchange rate, retail turnover and oil prices....

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Main Authors: Leonid Markovich Grigoryev, Alexander Valeryevich Golyashev, Anna Andreevna Lobanova
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2015-12-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://spatial-economics.com/eng/images/spatial-econimics/4_2015/SE.2015.4.131-147.%20Grigoryev.pdf
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author Leonid Markovich Grigoryev
Alexander Valeryevich Golyashev
Anna Andreevna Lobanova
author_facet Leonid Markovich Grigoryev
Alexander Valeryevich Golyashev
Anna Andreevna Lobanova
author_sort Leonid Markovich Grigoryev
collection DOAJ
description The paper presents the dynamics of the world economy that emerged by the autumn of 2015. The review is based on the following data for the world leading countries: GDP, industrial production, exports and imports, money market indicators, stock indices, exchange rate, retail turnover and oil prices. The study shows that the global market situation remains heterogeneous across countries and continents, and it is still in a depression; there is a new equilibrium which is characterized by slipping down long-term trends (concerning the level of 2008-2009). The main emphasis is on the economies of the Great Middle East - Arab countries, Iran and Turkey. The authors note that the region is characterized by great unevenness of economic development depending on three key parameters: availability of oil production; population and its growth rate; and sustainability of socio-political situation. There are two groups of regional countries: ones with a stable socio-political situation and countries affected by conflicts. The study reflects dynamics of the main socio-economic parameters and indices of democracy, corruption and freedom of speech for both groups. The authors conclude that the series of revolutions, wars and conflicts did not lead to the improvement of living and development acceleration
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spelling doaj.art-973996160013456ea05cd61b516e54af2022-12-21T23:22:34ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572015-12-01413114710.14530/se.2015.4.131-147Current Trends in the World EconomyLeonid Markovich Grigoryev0Alexander Valeryevich Golyashev1Anna Andreevna Lobanova2Analytical Center for the Government of the Russian FederationAnalytical Center for the Government of the Russian FederationAnalytical Center for the Government of the Russian FederationThe paper presents the dynamics of the world economy that emerged by the autumn of 2015. The review is based on the following data for the world leading countries: GDP, industrial production, exports and imports, money market indicators, stock indices, exchange rate, retail turnover and oil prices. The study shows that the global market situation remains heterogeneous across countries and continents, and it is still in a depression; there is a new equilibrium which is characterized by slipping down long-term trends (concerning the level of 2008-2009). The main emphasis is on the economies of the Great Middle East - Arab countries, Iran and Turkey. The authors note that the region is characterized by great unevenness of economic development depending on three key parameters: availability of oil production; population and its growth rate; and sustainability of socio-political situation. There are two groups of regional countries: ones with a stable socio-political situation and countries affected by conflicts. The study reflects dynamics of the main socio-economic parameters and indices of democracy, corruption and freedom of speech for both groups. The authors conclude that the series of revolutions, wars and conflicts did not lead to the improvement of living and development accelerationhttp://spatial-economics.com/eng/images/spatial-econimics/4_2015/SE.2015.4.131-147.%20Grigoryev.pdfworld economytrendsoil pricesexchange ratesocio-economic indicators«Arab spring»countries of the Great Middle East
spellingShingle Leonid Markovich Grigoryev
Alexander Valeryevich Golyashev
Anna Andreevna Lobanova
Current Trends in the World Economy
Prostranstvennaâ Èkonomika
world economy
trends
oil prices
exchange rate
socio-economic indicators
«Arab spring»
countries of the Great Middle East
title Current Trends in the World Economy
title_full Current Trends in the World Economy
title_fullStr Current Trends in the World Economy
title_full_unstemmed Current Trends in the World Economy
title_short Current Trends in the World Economy
title_sort current trends in the world economy
topic world economy
trends
oil prices
exchange rate
socio-economic indicators
«Arab spring»
countries of the Great Middle East
url http://spatial-economics.com/eng/images/spatial-econimics/4_2015/SE.2015.4.131-147.%20Grigoryev.pdf
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