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CRISIS AND SPECIFICITY OF ITS INFLUENCE ON THE NATIONAL ECONOMIES OF THE WORLD'S LEADING COUNTRIES

Y. Vertakova, V. Plotnikov

First published: 2017https://doi.org/10.5593/sgemsocial2017/13/S04.098View metrics

Abstract

In 2008, the global economy experienced an acute phase of the crisis. The impact of crisis phenomena on the national economies of the world was not the same. The government's measures on anti-crisis regulation were different. Today, economic growth began. But the structural problems that caused the crisis are not fully overcome. The purpose of the article is to identify, using quantitative analysis methods, the specifics of the development of the crisis in different countries of the world, as well as to determine the prospects for the post-crisis development of the world and individual countries. The study was conducted on empirical materials of G7 countries and innovative leaders. The relationship between the structure of the national economy and the dynamics of GDP in the period of the crisis and after it has been revealed. The toolkit for forecasting GDP dynamics is proposed. The measures of structural anti-crisis policy are systematized. The results of the research can be used in the state economic policy, with strategic planning of economic development, carrying out measures of anti-crisis regulation.

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Publication details

Title
CRISIS AND SPECIFICITY OF ITS INFLUENCE ON THE NATIONAL ECONOMIES OF THE WORLD'S LEADING COUNTRIES
Authors
Y. Vertakova, V. Plotnikov
Proceedings
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
Publisher
STEF92 Technology
Year
2017
Pages
787-794
SWS Citekey
Vertakova20174787794
ISSN
2367-5659
ISBN
978-619-7408-15-7
Language
en
Publication type
Proceedings Paper
Keywords
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