Scholarly record

ASSESSMENT OF THE IMPACT OF THE GLOBALIZATION LEVEL OF THE COUNTRY ON THE MAIN MACROECONOMIC INDICATORS

I. Ershova, A. Karakulin, G. Liliy

Abstract

The relevance of the study is confirmed by the fact that globalization of world economics and participation in this process of Russia mean an ever closer intertwining of national economies. This fact promotes more intensive the development of countries on the basis of international economic activity. The study focused on the use and implementation the most common and major index of globalization KOF (Konjunktur for schungsstelle) in world economy. The aim of this study is sensitivity rate analysis of globalization on macroeconomic development in different countries of the world. To achieve this goal the following problems were solved: to calculate threshold values of group countries of value KOF-Index; to analyze essential macroeconomic sub-aggregates per caput; to compare rate of increase of globalization index and macroeconomic sub-aggregated; to use econometric tools for revelation of conjunctions between index of globalization KOF and national income per capita. Methodology. In this research paper theoretical and empirical research methods are used, e.g. literature review, system analysis, and survey of economic indicators. In this article, we used economic-mathematical and statistical analysis methods. Sources of information are the economic and other special literature, articles from periodicals, the results of the research, the experience of leading foreign companies. The result of this research became output about existence direct positive conjunctions between index of globalization KOF and gross national income per capita. Generally, globalization accords positive effect on position of national economics and create base for their continuous development.

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